GST Applucable

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101 Points Posted on 18 June 2021
My client doing business for share trading (Pvt Ltd company)..

Company is not collecting any fund from outside..

They use their own fund for trading.. And they earning by investing share market..

For this scenario GST is applicable..??
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On 18 June 2021 at 22:01 Report
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Quick Summary
This discussion clarifies whether Goods and Services Tax (GST) is applicable to a private limited company engaged in share trading using its own funds. The consensus is that GST does not apply to the supply of securities, meaning share trading falls outside the scope of GST. Consequently, there is no requirement for GST registration in this scenario.

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GST Consultant
15986 Points Posted on 18 June 2021

Shares of a company comes under securities. GST is not applicable on supply of securities.

Therefore share trading is outside the scope of GST. No need for registration under GST.

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On 18 June 2021 at 22:07
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791 Points Posted on 19 June 2021
Gst is not applicable on supply of securities and not take to Gst registration
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On 19 June 2021 at 01:03
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Chartered Accountant
24588 Points Posted on 19 June 2021
No GST is not applicable
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On 19 June 2021 at 05:52

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