https://www.taxtmi.com/article/detailed?id=12798 Securities transfers under ESOP/ESPP/RSU are not supplies and GST is not leviable; remuneration treatment under Schedule III applies, while facilitation fees charged by a foreign holding company are taxable as imported services under reverse charge. Amounts of life insurance premium excluded from taxable value by the valuation rule do not become non taxable or exempt supplies and do not require ITC reversal. Salvage value in motor vehicle claims is taxable only where the insurer acquires ownership and disposes of the salvage; deductions of salvage under contract leaving ownership with the insured do not attract GST. en-us Wed, 17 Jul 2024 19:48:24 +0530 Wed, 17 Jul 2024 19:48:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12798 Securities transfers under ESOP/ESPP/RSU are not supplies and GST is not leviable; remuneration treatment under Schedule III applies, while facilitation fees charged by a foreign holding company are taxable as imported services under reverse charge. Amounts of life insurance premium excluded from taxable value by the valuation rule do not become non taxable or exempt supplies and do not require ITC reversal. Salvage value in motor vehicle claims is taxable only where the insurer acquires ownership and disposes of the salvage; deductions of salvage under contract leaving ownership with the insured do not attract GST. Articles Goods and Services Tax - GST Wed, 17 Jul 2024 19:48:24 +0530 https://www.taxtmi.com/article/detailed?id=12798