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GST on equity shares

This query is : Resolved 

18 August 2020 I have share trading account with ICICI direct securities and Zerodha. I have been buying and selling shares through my account with them from April this year. My turnover could be well near 50 lakhs during the financial year 20-21. The GST is charged by ICICI direct and Zerodha on all these transactions. But I want to know whether I too have to register with GST or not.

18 August 2020 Shares are not covered under the definition of goods.So you dont need to take registration or pay GST.

18 August 2020 Thank you sir. Very kind of you






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