1) What will be the place of supply if estate agent receive commission from abroad for letting out/sale of property in india ?
2) What will be tax if property is located in different State other than estate agent registered premises ?
3) What will be tax if property is located in same State of registered premises of estate agent ?
Estate Agent's GST Dilemma: Commission from Abroad on Indian Properties Taxable Under Section 13(4) IGST Act, 2017. An estate agent inquired about the place of supply for GST purposes when receiving commission from abroad for property transactions in India. According to Section 13(4) of the IGST Act, 2017, the place of supply for services related to immovable property is where the property is located. If the property is in India, the commission is taxable. For inter-state transactions, IGST applies, while intra-state transactions involve CGST and SGST. Further clarification was sought for properties located in different states from the agent's registered premises. (AI Summary)
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