How is the Goods and Services Tax (GST) computed on total charges at FYERS?
At FYERS, the GST rate is 18%, and it is applied to the total charges, which include both the brokerage and transaction charges (such as the Exchange Transaction fee and Clearing Member charges).
For Example:
Brokerage: ₹20
Transaction Charges: ₹10
Total Charges: ₹30
GST is calculated on the total charges:
In this case, the GST amount would be ₹5.40, which will be added to your total charges.
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