just curious to know will gst(goods and service tax) will effect brokerage to how much extent???
and will it effect in a good way or bad way?
GST don’t effect to brokerage. (it is not related to it) and GST is still not applicable.
It will change service tax rate on brokerage. Brokers will get set off against Input Vat and Input Service tax.So He may passed that set off to customer.
Can anyone please give update on this query. GST effects on stock brokerage.