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Sale of unlisted shares in GST
Companies is in the business of trading in unlisted shares amongst other business of commission income. Where sale of unlisted shares will be reported in gstr1 as gst is not leviable on shares because outside the definition of goods. Other commission income is reported in b2b as gst is charegeable on them but where sale of unlisted share will be reportedreported in GSTR1? Please help in this matter.
Replies (3)
It is not covered under goods / service definition as per gst hence it is not required to show in gstr1
Yes share is out of purview of GST , hence no need report the same in GSTr 1
Thanks for the reply. But someone also suggesting to show in the Non Gst Supplies.
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