Regarding liability of 9C
This query is : Resolved
Divyesh Ajmera
(Querist)
13 November 2025
If normal turnover is below 5 crore but by adding F & O and Intraday income as business turnover, total turnover is above 5 crore then 9C required to be file?
Dhirajlal Rambhia
(Expert)
13 November 2025
F&O trading and Intraday trading in shares/securities are not subject to GST, since securities are neither goods nor services as per Section 2(52) and 2(102) of the CGST Act.
Therefore: F&O and Intraday transactions are not included in aggregate turnover for GST purpose. So, - GSTR-9C is not required, because these transactions do not contribute to aggregate turnover under GST.
Therefore: F&O and Intraday transactions are not included in aggregate turnover for GST purpose. So, - GSTR-9C is not required, because these transactions do not contribute to aggregate turnover under GST.
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