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Is an agents fee or commission for facilitating a foreign currency transaction subject to GST?

April 26, 2017agent Commission currency facilitating fee foreign GST Subject transaction

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Is an agents fee or commission for facilitating a foreign currency transaction subject to GST?

1 Answer

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Yes, this fee or commission is subject to GST, as the agent is a financial supply facilitator and is making a taxable supply under section 9-5 of the GST Act.