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Gst applicablity


SUMANTH NUNNA   20 January 2020

SUMANTH NUNNA

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whether gst is applicable on chit fund business

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RAJA P M ("Do the Right Thing...!!!")     20 January 2020

RAJA P M
"Do the Right Thing...!!!" 
 7898 likes  107624 points

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Yes... If registered under GST on Commission amount...

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sabyasachi mukherjee   20 January 2020

sabyasachi mukherjee

 90 likes  2283 points

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Central Govt.
as instructed by RBI will not allow chit fund operations in India .

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Pankaj Rawat (GST Practitioner)     21 January 2020

Pankaj Rawat
GST Practitioner 
 3136 likes  41888 points

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Yes GST @ 12 % is applicable on Services provide by Chit fund Manager.


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