GST on profit sharing agreement between employee and shareholders

In re Venkatasamy Jagganathan (GST AAR Tamil Nadu)

Will the profit sharing agreement between the applicant as an employee and the shareholders, attract GST in his hands?

The Profit Sharing Agreement between the applicant ad various shareholders of SHA is an actionable claim and is as neither a supply of goods nor a supply of services covered under Schedule III to CGST Act and SGST Act and hence is not taxable to CGST or SGST.

FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING TAMIL NADU