GST for Distributors.No. of comments:40 Deepak K Khurana, Pulgaon, 15783 On 18-Jun-2017
The services provided by Mutual Fund agent/distributor to a Mutual Fund or Asset Management Commission, are being made taxable under forward charge with effect from April 1, 2016. The Small scale exemption i.e. threshold turnover of Rs 10 lakh per year is available to the Mutual Fund agent/distributor, subject to fulfillment of other conditions prescribed,
These is regarding Service tax.
What conditions will be applicable regarding GST & when we will have to Register for GST.