GST on Royalty

[CA Suraj]

If the client is received Royalty from mutual fund of which he is broker then whether GST is applicable on it?

Client is paying Gst on brokerage.

Thanks in Advance for reply.

[DR.MARIAPPAN GOVINDARAJAN]

This query is raised twice. Kindly avoid it.

AI Summary

GST on royalty: whether royalty from a mutual fund paid to a broker attracts GST, noting duplicate query. Whether Goods and Services Tax applies to royalty receipts from a mutual fund when the recipient is a broker is the central issue; the taxpayer notes GST is paid on brokerage services and asks if royalty payments are similarly taxable. The sole forum reply only stated the query was a duplicate and did not address the GST treatment of the royalty.