Easy Office
LCI Learning

Applicability of gst on brokerage income of mutual fund

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 January 2018 Dear Expert,
My Company are receiving Brokerage for Mutual Fund. I want to Know that Is GST applicable of that Brokerage. Please Advice me.
Profile Image

Udaya Chandran

Profile Image

Udaya Chandran (Expert)
10 January 2018 Yes, GST is applicable on brokerage received for mutual funds, if the receipt exceeds RS.20 lakhs p.a.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links