ESOPs exempt from GST, barring where foreign companies charge additional amount

Employee Stock Purchase Plan (ESPP) Employee Stock Option Plan (ESOP) or Restricted Stock Unit (RSU) without any additional charges will not attract any GST, the Central Board of Indirect Taxes and Customs (CBIC) clarified on Thursday. This will benefit the likes of Google, Microsoft, Oracle and Walmart and a large number of tech companies and other MNCs whose Indian employees…