RCM ON NOTICE PAY PAYMENT BY EMPOLER TO EMLOYEE
This query is : Resolved
13 August 2020
DEAR SIR,
PLEASE TELL ME, IS RCM IS APPLICABLE ON NOTICE PAY PAYMENT GIVEN BY EMPLOYER TO EMPLOYEE DUE TO TERMINATE THE EMLOYEE WITHOUT ANY NOTICE.
PLEASE TELL ME, IS RCM IS APPLICABLE ON NOTICE PAY PAYMENT GIVEN BY EMPLOYER TO EMPLOYEE DUE TO TERMINATE THE EMLOYEE WITHOUT ANY NOTICE.
13 August 2020
GST not applicable on such payment made by employer.
14 August 2020
This payment is in pursuant to employment agreement and therefore, this is a case of NO SUPPLY under Schedule III and hence no GST is applicable
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