https://www.taxtmi.com/circulars?id=71145 Securities, including shares issued under ESOPs, ESPPs or RSUs, are neither goods nor services, and their transfer does not itself constitute a taxable supply. Where employee stock benefits form part of remuneration under employment terms, the arrangement is outside the scope of supply. A domestic subsidiary's cost-to-cost reimbursement to its overseas holding company for shares issued to employees is not an import of services. Any fee, markup or commission exceeding the securities cost is consideration for facilitation services and attracts GST under reverse charge. en-us Fri, 12 Jul 2024 00:00:00 +0530 Thu, 03 Sep 2026 17:18:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71145 Securities, including shares issued under ESOPs, ESPPs or RSUs, are neither goods nor services, and their transfer does not itself constitute a taxable supply. Where employee stock benefits form part of remuneration under employment terms, the arrangement is outside the scope of supply. A domestic subsidiary's cost-to-cost reimbursement to its overseas holding company for shares issued to employees is not an import of services. Any fee, markup or commission exceeding the securities cost is consideration for facilitation services and attracts GST under reverse charge. Circulars GST - States Fri, 12 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71145