if the registered delears deals in financial future and option on the stock exhange. what will be the turnover to be consider for GST audit purpose.
also in case of trading in securities cash segment. amount to be consider in turnover.
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securities and derivative turnover for gst audit
Replies (2)
Hi Sachin,
As taxable turnover under gst includes exempt turn over so u may considering including the same in additional turnover...
For further assistance kindly reach out to us
HAPPY TO HELP
MOHIT JAGNANI
8820448170
As taxable turnover under gst includes exempt turn over so u may considering including the same in additional turnover...
For further assistance kindly reach out to us
HAPPY TO HELP
MOHIT JAGNANI
8820448170
Transaction in securities is outside the purview of defination of "Good" At the same time its also exluded from the defination of Services .
Hence such transaction will not cover under GST Audit purpose.
Hence such transaction will not cover under GST Audit purpose.
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