Family transactions are taxable in GST linked account?

Poco

KF Ace
i have GST linked current account,

my querry related to transactions between same parent members transactions are taxable?

suppose, same parent have A , B, C brothers and sisters.
A holding GST linked current account
If B transfer 45000 to A's Current account and A transfer that money to C.

These type of transactions are taxable?
 

nikhilchauhan

Administrator
Staff member
No, such transfers are not taxable under GST if they’re just fund transfers between related entities or family members and no supply of goods or services is involved.

However, if A, B, and C are separate registered businesses under the same group and money is transferred in exchange for any service, goods, or business activity, then it can be considered a taxable supply.

In short, simple fund transfers = not taxable, but business-related transfers = taxable under GST.
 
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