Dear Experts,
Should we include Net profit and loss of F & O share trading while calculating Aggregate turnover under GST Act.
In fy 17-18 till now, I have earned a profit of Rs.22 lacs around.
Please advise sir.
Rakesh Sharma
1) Futures & Options are derivatives ( Securities as per securities Contract Act 1956)
2) Securities are not goods as per GST
Hence not required to register
CAclubindia
