Taxability for Chit Fund Business

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..... Taxability for Chit Fund Business
Query (Issue) Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 24-9-2021 Last Reply Date:- 25-9-2021 Goods and Services Tax - GST
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GST

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..... >Sir for the chit fund organization GST to be Levied on Forman commission, What will be the Aggregate Turnover, Whether the chit total collection to be considered Or foremen commission to be consider .....

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..... ed for threshold limit ! What will be the Tax rate? Reply By KASTURI SETHI: The Reply: Amount of commission is to be considered. Chit fund collection belongs to the subscribers and not to Foreman. F .....

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..... oreman does not lend his money. Reply By Ganeshan Kalyani: The Reply: Commission to be considered for threshold.
Discussion Forum - Knowledge Sharing .....

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