Type your commission and other income — find out if GST registration is compulsory, worth it or a cost to you, in rupees.

v1 — first publication 2026-11-04.

AI tools for chartered accountants · gst tools

AI tools for chartered accountants

Should a mutual-fund distributor take GST registration?

by CA Karan Gupta

Type your commission and other income — find out if GST registration is compulsory, worth it or a cost to you, in rupees.

Last statutory update: 4 Nov 2026 — v1 — first publication 2026-11-04.

Statutory context

CGST Act sections 2(6) (aggregate turnover, PAN-wide, insurance commission counted), 22 (₹20 lakh; ₹10 lakh in Manipur, Mizoram, Nagaland, Tripura), 25 (30 days; one registration per PAN per State), 10 and 31 (composition: bill of supply, no tax collected); Notification 5/2017-Central Tax (insurance-only agents need not register); Notification 10/2017-Integrated Tax (inter-State service suppliers below the line); AMFI's revised commission payout framework effective 1 April 2026 (no circular number printed until read first-party).

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