Do all brokers provide intermediary servicerequire compulsory GST registration and not benefit of threshold limit? if service related to interstate then what will be situation..
BROKER registration
pawan agrawal
Interstate service brokers must register for GST; threshold limit applies only to intrastate supplies. A query was raised regarding whether all brokers providing intermediary services require compulsory GST registration and whether they can benefit from the threshold limit. The response clarified that if the services are interstate, the service provider must register mandatorily. The threshold limit of 20 lakhs/10 lakhs applies only to supplies within the state. (AI Summary)