https://www.taxtmi.com/article/detailed?id=12563 Agents who supply goods or services on behalf of principals are subject to GST and must register regardless of usual turnover thresholds; non-resident taxable persons supplying in India must also register. Composition scheme availability and invoice, e-way bill and e-invoicing obligations apply subject to statutory thresholds. Valuation rules exclude reimbursed pure agent expenses and prescribe special valuation for sole agents based on recipient resale prices. Tax on agency supplies is imposed at the applicable rate and reverse charge can make the recipient liable in specified sectors, with regular return filings required for compliance. en-us Fri, 26 Apr 2024 20:54:49 +0530 Fri, 26 Apr 2024 20:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12563 Agents who supply goods or services on behalf of principals are subject to GST and must register regardless of usual turnover thresholds; non-resident taxable persons supplying in India must also register. Composition scheme availability and invoice, e-way bill and e-invoicing obligations apply subject to statutory thresholds. Valuation rules exclude reimbursed pure agent expenses and prescribe special valuation for sole agents based on recipient resale prices. Tax on agency supplies is imposed at the applicable rate and reverse charge can make the recipient liable in specified sectors, with regular return filings required for compliance. Articles Goods and Services Tax - GST Fri, 26 Apr 2024 20:54:49 +0530 https://www.taxtmi.com/article/detailed?id=12563