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Gst applicablity
whether gst is applicable on chit fund business
Replies (3)
Quick Summary
Yes... If registered under GST on Commission amount...
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 .
Yes GST @ 12 % is applicable on Services provide by Chit fund Manager.
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