GST ON BROKER

[pawan agrawal]

SIR

Broker residing at mumbai and giving service to party at delhi. He is not taking any delivery of goods only he is received brokerage when seller party send goods to delhi. He received brokerage from delhi partyt.

so whether agent is req to take registration for his brokerage service although he is not taken any supply of goods from his place.His brokerage is less then 20 lakh.

if not can delhi party paid brokerage Under RCM because broker is is situated at out state so he have to pade IGST Under RCM

agent is req to compulsory registration when he supply of goods.

AI Summary

GST Registration Required for Mumbai Broker's Inter-State Services to Delhi, Regardless of Earnings Below 20 Lakh A broker based in Mumbai provides services to a party in Delhi, earning brokerage when goods are sent to Delhi. The broker's earnings are below 20 lakh, and he questions whether he needs GST registration since he doesn't handle goods directly. Responses indicate that due to the inter-state nature of the service, GST registration is required regardless of the income threshold. The discussion also touches on whether the Delhi party should pay IGST under the Reverse Charge Mechanism (RCM) due to the broker's out-of-state location.