GST on transfer of liability to related party

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3 Points Posted on 07 January 2023
We have 100% subsidiary to whom certain employees are being transferred internally. with transfer of employees it's related liabilities such as leave encashment and gratuity will also be transferred. so whether transfer of such liability would attract GST??
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On 07 January 2023 at 08:28 Report
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This discussion concerns whether the transfer of employee-related liabilities, such as leave encashment and gratuity, to a 100% subsidiary company attracts Goods and Services Tax (GST). The question arises when employees are internally transferred along with their associated liabilities. Guidance is sought on applicable accounting guidelines, specifically extracts from ICAI standards.

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28261 Points Posted on 07 January 2023
Not applicable.
Here seperate Accounting guidelines as per ICAI IS APPLICABLE.
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On 07 January 2023 at 09:03
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3 Points Posted on 07 January 2023
Can u tell me guidelines extract?
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On 07 January 2023 at 16:14

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