GST on equity shares
This query is : Resolved
18 August 2020
I have share trading account with ICICI direct securities and Zerodha. I have been buying and selling shares through my account with them from April this year. My turnover could be well near 50 lakhs during the financial year 20-21. The GST is charged by ICICI direct and Zerodha on all these transactions. But I want to know whether I too have to register with GST or not.
18 August 2020
Shares are not covered under the definition of goods.So you dont need to take registration or pay GST.
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18 August 2020
Thank you sir. Very kind of you
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