COMMISSION PAID TO OVERSEAS AGENT IN US DOLLARS

[SURYAKANT MITHBAVKAR]

If commission paid to Overseas Agent in US $ whether we have to do RCM under GST Act.

[Guest]

No, if the commission is in respect of intermediary services as in that case the place of supply is the location of the service provider, which is outside the country.

AI Summary

Intermediary services: place of supply is supplier's location, so commission to overseas agent not liable to reverse charge GST. Commission paid to an overseas agent constitutes intermediary services; since the supplier is located outside India and the place of supply is the supplier's location, such commission payments do not attract GST under the reverse charge mechanism.