https://www.taxtmi.com/forum/issue?id=120157 Commission received by an insurance agent is taxed under the reverse charge mechanism, making the insurance company liable to pay GST on the agency services; the agent is not required to remit GST on that commission. Supplies on which the recipient is liable under reverse charge are treated as exempt for input tax credit purposes, requiring proportionate reversal or apportionment of any common ITC in line with the applicable ITC apportionment rules. en-us Wed, 18 Jun 2025 09:39:29 +0530 Thu, 19 Jun 2025 07:14:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120157 Commission received by an insurance agent is taxed under the reverse charge mechanism, making the insurance company liable to pay GST on the agency services; the agent is not required to remit GST on that commission. Supplies on which the recipient is liable under reverse charge are treated as exempt for input tax credit purposes, requiring proportionate reversal or apportionment of any common ITC in line with the applicable ITC apportionment rules. Discussion-Forum GST Wed, 18 Jun 2025 09:39:29 +0530 https://www.taxtmi.com/forum/issue?id=120157