A person income from share brokerage received . brokerage gst applicable and registered compulsory or not and regular or composite sceheme eligible.
Frah Saeed Answered question June 7, 2020
Share brokerage is subject to GST.. Registration is required or not will be determined as per provisions of Sec 22 / 24 of the CGST Act, 2017. Composition scheme for service providers available as per Notif No 02/2019-CT dated 7th March,2019 if aggregate annual turnover is upto Rs 50 lakh.
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Frah Saeed Answered question June 7, 2020