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If divident paid on shares to directors is applicbale gst

This query is : Resolved 
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(Querist)
27 March 2017 We have full time director. Director having shares in company share is a securities which is not convers the deifinations of goods .But As per Goods defination in GST securities not includes then Divident paid on shares is it covers under the defination of goods. and need to paid gst on devident
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Rajesh Kumar

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Rajesh Kumar (Expert)
02 April 2017 No. GST is not applicable.
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