Cryptocurrency Q&A
How much is GST on a share?
How much is GST on a share?
Daniele
Fri Nov 29 2024
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5 answers
1050
I want to know the amount of Goods and Services Tax (GST) that applies to the purchase or sale of a share. Specifically, I'm curious about the GST rate on shares in the financial market.
5 answers
Leonardo
Sun Dec 01 2024
The Goods and Services Tax (GST) rate applicable to the share market stands at 18%.
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KDramaLegendaryStarlightFestival
Sun Dec 01 2024
This rate is a combination of two components: 9% Central GST (CGST) and 9% State GST (SGST).
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AzurePulseStar
Sun Dec 01 2024
The GST is levied on transactions occurring in both types of share markets.
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SsamziegangSerenade
Sun Dec 01 2024
The primary market, where new securities are issued, is subject to GST.
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CryptoAlchemyMaster
Sat Nov 30 2024
Similarly, the secondary market, where existing securities are traded, also attracts GST.
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