Shares trading

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sir I am rent receipent with I registered in gstin my question is I have done last year short term n long term in shares trading... sir shares trading is a gst turnover or out from gst

Replies (6)
shares are neither goods nor services and hence these should not be included in you turnover
sir then shares trading out from the GST?

yes, gst not apply on share trading, income tax applicable on share trading, decalre profit or loss from share trading in itr

yes there should not be any G.S.T on shares trading, however G.S.T will be applicable on brokerage charges.

Gst on brokerage is not relevant for u

Do not consider sale of shares income while computing your Aggregate Turnover under GST.


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