GST Applucable
Rahmathullah p (101 Points)
18 June 2021Company 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..??
Rahmathullah p (101 Points)
18 June 2021
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 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
(791 Points)
Replied 19 June 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 19 June 2021
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