I am working as an agent and raising a bill as below
service purchased as pure agent: 60000
gst on pure agent @5% 3000
commission 30000
gst @18% 5400
Total 98400/-
Question: Invoice of ₹ 63,000/- for services as a pure agent has been raised on me and I am entitled to take credit for the same. Do I show the amount as a pure agent as 63,000/- or of only ₹ 60,000/- .
Kindly guide.
Travel Agent Advised on GST: Charge Only on Commission, Not Total Amount; ITC Applies to Inward Supplies Only. A participant in a discussion forum, working as an agent, sought advice on whether to show an amount as a pure agent at 63,000 or 60,000 for GST purposes. The responses clarified that the participant might not qualify as a pure agent. A pure agent is an intermediary who does not own or sell goods or services but acts on behalf of another person. The participant, a travel agent, was advised that GST should be charged only on the commission, not on the entire amount, and input tax credit (ITC) is applicable only for inward supplies. (AI Summary)
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