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Brokerage services for processed agricultural produce would be taxable at 18% under GST: AAR
THE AUTHORITY FOR ADVANCE RULING UNDER GST, ANDHRA PRADESH IN THE CASE OF GAYATRI ENTERPRISES AAR No. 01/AP/GST/2024, decided on 4-1-2024
👉 The AUTHORITY FOR ADVANCE RULING Judgement:-
✔️ Brokerage services involving processed agricultural produce are not exempt from GST due to the alteration of essential characteristics, such as de-husking or splitting of pulses, necessitating GST registration and charging GST at the specified rate as per relevant notifications.
Section 98(4) of Central Goods and Services Tax Act, 2017
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