https://v2.webnotes.in/tags/gst-mutual-fund/Recent content in GST Mutual Fund on WebNotesHugoen-INMon, 18 May 2026 00:00:00 +0000https://v2.webnotes.in/gst-mf-fees/Mon, 18 May 2026 00:00:00 +0000https://v2.webnotes.in/gst-mf-fees/<p><strong>Goods and Services Tax (GST)</strong> at 18 per cent applies to mutual fund management fees and other service charges. The GST framework, implemented in July 2017, replaced the earlier Service Tax regime and applies uniformly across services including mutual fund management.</p> <h2 id="gst-applicability">GST applicability</h2> <p>GST applies to:</p> <ul> <li><strong>Mutual fund management fees</strong>: 18% on the AMC&rsquo;s investment-management fee.</li> <li><strong>Audit, custodian, RTA, trustee fees</strong>: 18% on each service.</li> <li><strong>Distribution commission</strong>: 18% on commission paid to distributors.</li> <li><strong>Other AMC service charges</strong>: 18%.</li> </ul> <p>GST is paid by the AMC to the government, with the cost flowing through to TER.</p>