Topic
Publish Date
Principal Agent Relation-GST Implications
There is the concept of principal agent prevailing in the industry. Under which the agent supplies the goods or services on behalf of principal. The principal is defined under section 2(88) of CGST Act 2017 which states that “principal means a person on whose behalf an agent carries on the business of supply or receipt of goods or services or both”. Further as per section 2(5) of CGST Act 2017 “agent means a person................ Read More