Gst liability on share broker
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 June 2017
One of my client is share Broker. he receive more than 20 lakh Share brokerage. whether he is liable for GST Registration and GST Liability???
If yes then Plz also explain the provision of Share Broker under GST.
If yes then Plz also explain the provision of Share Broker under GST.
CA Rashmi Gandhi
(Expert)
16 June 2017
Yes he is liable to get register under GST. He is liable to pay tax@18% in respect of such transaction
CA Rashmi Gandhi
(Expert)
16 June 2017
https://www.gstindia.com/will-gst-be-levied-on-securities-such-as-shares/
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