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 Gst issue for selling off commercial property

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forever1979
post Jun 30 2016, 08:42 AM

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QUOTE(Winning11 @ Jun 30 2016, 08:18 AM)
Tumpang thread. Will the agent charge me agent fee + gst charges for helping me to sell off my condo? Coz my agent just told me so.
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say selling price RM1Mil

say agent charge 2% as commission, thus commission payable is rm20,000

GST applicable is 6% on the RM20K, which RM1.2K.

Gomen will get the gst and not agent.

that why gomen can have RM40bil per year from gst. everything charge gst.

 

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