Broking company

This query is : Resolved 

27 June 2017 Dear Sir,

Is GST applicable on Broking Company ?

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 ?

27 June 2017 Yes GST registration is required if brokerage charges received in a year exceeds 20 lacs.


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