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Gst on brokerage of trading in shares
Can we claim credit of gst paid on brokerage of trading in shares on recognised stock exchange?
Replies (2)
no we can't claim
since securities are not goods and any input in this respect would not be eligible for credit
since securities are not goods and any input in this respect would not be eligible for credit
refer definition of goods and section 17(3) of cgst act
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