https://www.taxtmi.com/circulars?id=67698 Securities, including shares issued as ESOP/ESPP/RSU, are neither goods nor services under the WBGST Act and ESOP/ESPP/RSU granted as remuneration fall under Schedule III exclusion; reimbursement by the domestic subsidiary to the foreign holding company on a cost-to-cost basis does not amount to import of services and is not subject to GST. Where the foreign holding company charges any additional fee, markup or commission over cost, that excess is consideration for facilitation services and is taxable as an imported service, with GST payable by the domestic subsidiary on reverse charge basis. en-us Mon, 08 Jul 2024 00:00:00 +0530 Mon, 29 Jul 2024 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67698 Securities, including shares issued as ESOP/ESPP/RSU, are neither goods nor services under the WBGST Act and ESOP/ESPP/RSU granted as remuneration fall under Schedule III exclusion; reimbursement by the domestic subsidiary to the foreign holding company on a cost-to-cost basis does not amount to import of services and is not subject to GST. Where the foreign holding company charges any additional fee, markup or commission over cost, that excess is consideration for facilitation services and is taxable as an imported service, with GST payable by the domestic subsidiary on reverse charge basis. Circulars GST - States Mon, 08 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67698