COMMISSION AGENTS OF ONIONS AND POTATOES - EXEMPTED GOODS, GST

[V Prasad]

We are commission agents of onions and potatoes which are exempted under GST bearing HSN Codes of 07031010 and 07101000 respectively.

Do we have any limit on the exemption of commission received under GST Act?

Thank You

AI Summary

GST Exemption Confirmed for Commission Agents Handling Onions and Potatoes Under Specific Notification; No Limit on Exemption. A discussion initiated by an individual inquires about the GST exemption for commission agents dealing with onions and potatoes, which are classified as agricultural produce and exempted under specific GST notifications. Respondents confirm that there is no limit on the exemption for commission received, as these goods fall under exempted categories. It is clarified that while the supply of goods is exempt, the supply of services as a commission agent could be taxable unless specifically exempted by notification. A specific notification exists for this exemption, covering both trading and commission agent activities for these products.