Gst on brokerage of trading in shares
ichchha (Student CA Final ) (44 Points)
23 June 2017
Can we claim credit of gst paid on brokerage of trading in shares on recognised stock exchange?
2 Replies
rohit
(Student CA Final )
(117 Points)
Replied 21 July 2017
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
rohit
(Student CA Final )
(117 Points)
Replied 21 July 2017
refer definition of goods and section 17(3) of cgst act
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