MFDs GST Issues - Presentation followed by Q& A 

Let us have a national representation to exempt MFD from GST

Distributors GST should also be deducted as AMCs charge ...from over and above TER ...

MFD ASSOCIATION PAN india is need of the hour.we are not interested to consolidate the union. Railways, LIC ,BANK all have consolidated union

But life and health is already deposited the GST so need by us

If at all we have to accept GST ... accept for composit tax @ 1% GST

Where can i get the whatsapp group link to join?

Insurance commission add in mf commission or not in 20 lakh

Reverse charge mechanism will affect all the rest of MFDs who are not falling into GST. So please take care of all the MFD community.

Humble Request, Please avoid requesting the Finance Ministry to include MFD income under the reverse charge mechanism in GST. If the AMC has paid GST under RCM, then the threshold limit of ₹20 lakhs will not be applicable, resulting in additional tax burdens for smaller MFDs. Additionally, I would like to remind you that under the Service Tax regime, MFD services were subject to RCM, but after many presentations and discussions, the government agreed to move towards a forward mechanism. Finally, this forward mechanism should be favorable to all MFDs. Please take note of this

The IT department stating that you are coming under GST with all the income put together reached above 20 Lakhs income in a FY. (life+health+mutual fund) As an agent.