Place of supply: location of the recipient determines GST applicability for brokerage services, so buyer's location governs taxation. Place of supply for brokerage services in a securities trade is the location of the recipient as per the supplier's records; therefore a purchase by a person in Goa through an out-of-state broker on a stock exchange has Goa as the place of supply.
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Provisions expressly mentioned in the judgment/order text.
Place of supply: location of the recipient determines GST applicability for brokerage services, so buyer's location governs taxation.
Place of supply for brokerage services in a securities trade is the location of the recipient as per the supplier's records; therefore a purchase by a person in Goa through an out-of-state broker on a stock exchange has Goa as the place of supply.
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