TMI BlogGST on RoyaltyX X X X Extracts X X X X X X X X Extracts X X X X ..... If the client is received Royalty from mutual fund of which he is broker then whether GST is applicable on it? Client is paying Gst on brokerage. Thanks in Advance for reply. - Reply By KASTURI S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ETHI - The Reply = Consideration in the form of royalty is taxable under RCM. GST is also payable on brokerage. In your case, how ROYALTY is correlated to mutual fund ? Pl. elaborate your query. - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By CA Suraj - The Reply = There is no relation with brokerage. MF have just cridited the amount saying it's royalty. Client is charging brokerage from MF per month also. - Reply By Gan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eshan Kalyani - The Reply = I agree with Sri Kasturi Sir. Querist, can you elaborate a bit more with an example. - GST on Royalty - Query Started By: - CA Suraj Dated:- 12-6-2020 Goods and Servic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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