GST on gift from father to son - GST [2]

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GST on gift from father to son

Page no : 2

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 15 May 2019

As per sec 7 any transaction treated as supply if made for furtherance of business but here the gift is not for business so, it is not a Supply and no gst applicable.

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CA Shikha Sharma (Ceo) (3869 Points)
Replied 16 May 2019

no GST since it's not business related nd no consideration

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