The Company have the commission income from a limited which operates in overseas. We assisted them to find clients in Asia to buy the product from their factory in China and we are very successful to provide them the clients from Malaysia and India, thus we need to know our commission income should be charged VAT7% to XYZ limited or not?

Panwa: Please note that such commission income did not include in the VAT base according to  the Director-General of the Revenue Department regarding Value Added Tax (No.40) due to such income came from the Company serve them as agent to oversea company for  them to sale product or service to consumer/client in oversea also only.

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