sale purchase FOREX

Rahul Rustagi (Student CA Final )     07 April 2019

Yes

CA Shikha Sharma (Ceo)     07 April 2019

Rahul Rastogi read the question first I'm asking whyyyyy

Pankaj Rawat (GST Practitioner)     07 April 2019

Its Taxable kindly Refer Rule 32 of CGST Act

CA Shikha Sharma (Ceo)     07 April 2019

sir Pankaj it's exempt amongst banks it authorised dealers of forex but directors service to individual is taxed

Pankaj Rawat (GST Practitioner)     08 April 2019

Yes correct !!! its Exempted .....

CA Shikha Sharma (Ceo)     08 April 2019

but I wanted to know why is it so