https://www.taxtmi.com/forum/issue?id=116365 Whether a share broker must obtain GST registration depends on the broker's character as an agent or intermediary: brokers and sub brokers performing agency/intermediary functions and supplying taxable stock broking services are subject to compulsory registration regardless of turnover thresholds; deposits are treated as non consideration unless appropriated; brokerage is taxable though certain recoveries may qualify as pure agent; invoices must meet tax invoice rules and place of supply rules follow client address or intermediary provisions. en-us Fri, 05 Jun 2020 10:40:32 +0530 Thu, 23 Jan 2025 15:54:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116365 Whether a share broker must obtain GST registration depends on the broker's character as an agent or intermediary: brokers and sub brokers performing agency/intermediary functions and supplying taxable stock broking services are subject to compulsory registration regardless of turnover thresholds; deposits are treated as non consideration unless appropriated; brokerage is taxable though certain recoveries may qualify as pure agent; invoices must meet tax invoice rules and place of supply rules follow client address or intermediary provisions. Discussion-Forum GST Fri, 05 Jun 2020 10:40:32 +0530 https://www.taxtmi.com/forum/issue?id=116365