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Mutual fund commission

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(Querist)
07 May 2019 Dear sir

If a Person received Mutual Fund commission Income (suach as HDFC Mutual Fund, ICICI Prodential Mutual Fund etc) hence does he need to Compulsory Register in GST ?

Does he fall under the Pure Agent ?

Thanks & Regards
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CA. Brijesh Baranwal

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CA. Brijesh Baranwal (Expert)
08 May 2019 In cases where amount exceeds Rs. 20 lakh, GST registration should be taken. However, this limit is not applicable wherever reverse charge is applicable.
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Raj Chitroda

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Raj Chitroda (Querist)
08 May 2019 Thank you very much for your reply, but I just want to know these types of Income consider pure agent income in GST ?
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
09 May 2019 No he does not fall under pure agent service and registration is compulsory from the beginning.
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