https://www.taxtmi.com/forum/issue?id=117511 The taxable measure for GST in a chit fund is the foreman's commission: commission receipts constitute the relevant consideration and are used to compute aggregate turnover for threshold and registration purposes, while total chit collections belong to subscribers and are not included in the foreman's taxable turnover. en-us Fri, 24 Sep 2021 17:38:35 +0530 Thu, 23 Jan 2025 15:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117511 The taxable measure for GST in a chit fund is the foreman's commission: commission receipts constitute the relevant consideration and are used to compute aggregate turnover for threshold and registration purposes, while total chit collections belong to subscribers and are not included in the foreman's taxable turnover. Discussion-Forum GST Fri, 24 Sep 2021 17:38:35 +0530 https://www.taxtmi.com/forum/issue?id=117511