https://www.taxtmi.com/forum/issue?id=110871 Commission and freight charged for consignment agent services are taxable under GST; intra state supplies attract CGST/SGST and inter state supplies attract IGST. Input tax credit on these costs is generally available to the recipient where the final product is taxable. Principal-agent transactions are treated as separate taxable supplies, and draft provisions envisage IGST paid by the sending unit with credit utilisation in the sequence IGST then CGST then SGST, prompting likely changes to storage, commission structures, and liquidity management. en-us Fri, 02 Sep 2016 15:39:57 +0530 Thu, 23 Jan 2025 15:56:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110871 Commission and freight charged for consignment agent services are taxable under GST; intra state supplies attract CGST/SGST and inter state supplies attract IGST. Input tax credit on these costs is generally available to the recipient where the final product is taxable. Principal-agent transactions are treated as separate taxable supplies, and draft provisions envisage IGST paid by the sending unit with credit utilisation in the sequence IGST then CGST then SGST, prompting likely changes to storage, commission structures, and liquidity management. Discussion-Forum GST Fri, 02 Sep 2016 15:39:57 +0530 https://www.taxtmi.com/forum/issue?id=110871