Forum GST Transport Commission agent or…

Transport Commission agent or broker
Naveen Garg
watch_later 12/07/17

Hi,

Iam a transport commission agent. I arrange vehicles from sub brokers or lorry owners attached to me and supply the vehicles to transporters (GTA).

The transporter pays me the freight agreed. I inturn make the payment to sub broker or lorry owner against a cut or commission.

Let's say I hired a vehicle for 25000/- from a sub broker / lorry owner and supply to a GTA for 27000/-. The transporter pays me  and I pay the sub broker / Lorry owner.

So I earn 2000/- which is my commission income.My query is will the 27000/- amount be considered my turnover or not.

Please reply ASAP. 

 

 

2 Responses | Latest response: 06/04/22 | Sort by Likes(thumb_up) Recent | GST Reply
Pulkit Sharma
watch_later 31/12/17
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Your turnover is what you bill to your clients.

In this case 27000 will be your turnover.

Reply
Jaggu Pradhan
watch_later 06/04/22
thumb_up 0 thumb_down

Sir ,Can you tell me how to work on commission agent. i know only some information about this.

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