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GST - Highlights / Catch Notes

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Requirement of GST registration - dealing in brokerage of ...

GST

February 22, 2024

Requirement of GST registration - dealing in brokerage of agricultural produce which is exempt - The AAR determined that the applicant's activities qualify as commission and brokerage services under GST laws. They clarified that regardless of the turnover, GST registration is required for persons involved in such services. The applicable GST rate for these services was determined to be 9% each for CGST and SGST.

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