Is GST applicable on aquihire (acquisition of human capital)?
GST implication on Acquihire
GirishK Bhatt
GST applicability on acquihire depends on service classification and factual specifics determining applicable GST rate. Whether GST applies to an acquihire depends on the nature of the consideration and the classification of services; respondents requested more factual detail and one respondent identified HSN 998311 as the relevant classification, observing that applicable GST rate and treatment will vary with the specific services involved. (AI Summary)
TaxTMI