Are option traders required to register for GST if their turnover crosses ₹20L?

GST GST Registration
,
1

option trader required GST number if profit more than 20 lac

2

Hey @Abhay_Nain ,

No, option traders are not required to register for GST if their turnover crosses ₹20L.

The GST Act specifically excludes Securities from the definition of Goods. As per Section 2(52), Goods mean any movable property except money and securities.