Hi,
Is GST applicable for Individual Broker engaged in auction of Property.
If yes what is the limit annual limit for broker.
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Threshold Limit for GST for Brokrage of Auction of Property
Replies (2)
As per Section 22 the threshold limit for supply of services is 20 lac .
So if your brokeage income is exceeds the said limit you are required to take registration.
So if your brokeage income is exceeds the said limit you are required to take registration.
The threshold limit for supply of services is 20 lacs.
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