Gst applicablity
SUMANTH NUNNA (6 Points)
20 January 2020
whether gst is applicable on chit fund business
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 20 January 2020
Yes... If registered under GST on Commission amount...
sabyasachi mukherjee
(27825 Points)
Replied 20 January 2020
Central Govt.
as instructed by RBI will not allow chit fund operations in India .
as instructed by RBI will not allow chit fund operations in India .
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 21 January 2020
Yes GST @ 12 % is applicable on Services provide by Chit fund Manager.
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