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Rahmathullah p   18 June 2021

GST Applucable

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..??


 3 Replies

CA Altamush Zafar

CA Altamush Zafar (GST Consultant)     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.

Deepak Kumar

Deepak Kumar   19 June 2021

Gst is not applicable on supply of securities and not take to Gst registration
Sourav

Sourav (Student)     19 June 2021

No GST is not applicable

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