Broking company
This query is : Resolved
27 June 2017
Dear Sir,
Is GST applicable on Broking Company ?
Is GST applicable on Broking Company ?
CA R SEETHARAMAN
(Expert)
27 June 2017
Yes GST applicable on commission received at 18%.
27 June 2017
Sir,
If the brokerage received by the company from stock exchange is more than 20 lakh then the broking company is liable to take registration of GST or not ?
If the brokerage received by the company from stock exchange is more than 20 lakh then the broking company is liable to take registration of GST or not ?
CA R SEETHARAMAN
(Expert)
27 June 2017
Yes GST registration is required if brokerage charges received in a year exceeds 20 lacs.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Non filing of I T Returns
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- TDS on purchase of under construction property from a reseller
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
