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GST applicable

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6 Points Posted on 28 August 2019
is GST applicable for F&O trader
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On 28 August 2019 at 19:09 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 28 August 2019

No GST applicable over the F&O transactions...

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On 28 August 2019 at 19:42
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6 Points Posted on 28 August 2019
thank you. please provide notification
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On 28 August 2019 at 19:57
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Student
23693 Points Posted on 28 August 2019
No GST is not applicable for F&O Trader.

Shares and Securities are neither treated as GOODS ( defined u/s 2(52) of the CGST Act 2017 ) nor Services ( defined u/s 2(102) of the CGST Act 2017 ).
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On 28 August 2019 at 20:09
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GST Practitioner
55067 Points Posted on 28 August 2019
Securities neither fall in the definition of goods (2(52)) nor in the definition of services (2(102) , they fall in the definition of “non-taxable supply” under section 2 (78) of the CGST Act, 2017 and provisions of GST would be made applicable accordingly.
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On 28 August 2019 at 23:19


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