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what are the provisions under gst remuneration received by partners of the firm and profit of firm ?

RameshBabu Kari

what are the provisions will applicable under gst for the remuneration received by partners of the firm and profit of the firm ? Thanks in advance.

GST applicability: remuneration and profit sharing among partners treated as not subject to GST under the forum advice. The reply states that GST is not applicable to remuneration paid to partners and is likewise not applicable to the sharing or distribution of firm profits among partners, treating both categories as outside the scope of GST. (AI Summary)
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DR.MARIAPPAN GOVINDARAJAN on Oct 21, 2017

In my view GST will not be applicable to remuneration and sharing of profits among the partners.

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