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
Mandatory GST registration required for brokers providing interstate services; intra state threshold exemption does not apply. When the supply of services by a broker constitutes an interstate supply, the service provider must obtain GST registration mandatorily. The ordinary registration threshold applies only to supplies made within the same state, so brokers providing interstate services cannot rely on the intra state threshold exemption and must comply with registration and GST obligations. (AI Summary)
TaxTMI
TaxTMI