Whether composition dealer who is engaged in the business of manufacturing is required to pay GST on his insurance commission income? Or it will be covered under RCM and hence will not be required to pay GST on it.

Reply- Services provided by Insurance agent is covered under reverse charge mechanism, Insurance company will pay tax under reverse charge. Refer Notification No.13/2017-Central Tax (Rate) Dated: June 28, 2017.

Composition dealer is not required to pay any tax on this commission.