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Posted by GRAHAM MULFY on April 19, 2024 at 2:56pm 0 Comments 0 Likes
Know everything about GST on derivatives, futures and forward contracts. Exemptions available to derivatives under GST. Get GST number. Register your business. Registered more than 1 lakh taxpayer. GST Act & Rules with related provisions. Applicable GST Rates. Apply GST registration. Documents required for futures contracts in GST regime CGST Act specifically excludes securities from the definition of Goods. As per Section 2(52), Goods means any movable property except money and securities. The definition of Services means anything other than goods, money and securities. Therefore, trading in shares and securities will not be considered as supply in GST.
https://www.taxgyata.com/ap/taxability-of-derivatives-future-contra...
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