https://www.taxtmi.com/forum/issue?id=116470 A broker received a separately credited amount labelled as royalty from a mutual fund in addition to monthly brokerage. Consideration described as royalty can attract GST and may be subject to the reverse charge mechanism, while brokerage remains independently taxable; factual clarification is required to classify the credited amount and determine the correct GST treatment. en-us Fri, 12 Jun 2020 03:01:10 +0530 Thu, 23 Jan 2025 15:54:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116470 A broker received a separately credited amount labelled as royalty from a mutual fund in addition to monthly brokerage. Consideration described as royalty can attract GST and may be subject to the reverse charge mechanism, while brokerage remains independently taxable; factual clarification is required to classify the credited amount and determine the correct GST treatment. Discussion-Forum GST Fri, 12 Jun 2020 03:01:10 +0530 https://www.taxtmi.com/forum/issue?id=116470