Transport Commission Agent Or Broker


Naveen Garg
watch_later 3 years, 3 months ago

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. 

 

 

  • chatComments
    which % is applicable in this case sir - Kavi Livings
1 Answer

Pulkit Sharma watch_later 2 years, 10 months ago
arrow_drop_up
0
arrow_drop_down

Your turnover is what you bill to your clients.

In this case 27000 will be your turnover.

Did Not get Answer?

Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.

Ask your Question

You need to be logged in to answer.

Ask Question