Contents: What is Brokerage Fee? Types of Paying a Brokerage Fee Attention Investors: Charges: TYPES OF BROKERS Each contract has to be analyzed separately to establish the tax taxability of commission and brokerage. GST at 18% is applicable to all taxable value of supply provided by an agent, including the sale/purchase of advertising space/time. In the case where an agent supplies goods on behalf of his principal, then both principal and agent are jointly and severally liable to pay GST on such taxable goods. For example, if M/s X appoints…
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