Commission received by the owner of petrol pump from petroleum company

[khaja sayeed]

Sir,

Commission paid by the petroleum company for the services provided by the owner of the retail outlet i.e. petrol pump is taxable under GST? If it is what is the GST tax rate? Kindly specify.

AI Summary

Petrol pump owner's commission from petroleum company subject to 18% GST. The commission received by the owner of a petrol pump from a petroleum company is subject to Goods and Services Tax (GST). The applicable GST rate for this commission is 18%.