Mutual fund commission
This query is : Open
07 May 2019
Dear sir
If a Person received Mutual Fund commission Income (suach as HDFC Mutual Fund, ICICI Prodential Mutual Fund etc) hence does he need to Compulsory Register in GST ?
Does he fall under the Pure Agent ?
Thanks & Regards
If a Person received Mutual Fund commission Income (suach as HDFC Mutual Fund, ICICI Prodential Mutual Fund etc) hence does he need to Compulsory Register in GST ?
Does he fall under the Pure Agent ?
Thanks & Regards
08 May 2019
In cases where amount exceeds Rs. 20 lakh, GST registration should be taken. However, this limit is not applicable wherever reverse charge is applicable.
08 May 2019
Thank you very much for your reply, but I just want to know these types of Income consider pure agent income in GST ?
09 May 2019
No he does not fall under pure agent service and registration is compulsory from the beginning.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
