S.tax on recoveries from employees
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2013
Please advise.
Are recoveries from employees by the employer such as indemnity bond, notice pay etc. subject to service tax under negaive list regime??
This is an official instruction by a PSU. Is there any extreme logic by which it can be justified by them in law?
Are recoveries from employees by the employer such as indemnity bond, notice pay etc. subject to service tax under negaive list regime??
This is an official instruction by a PSU. Is there any extreme logic by which it can be justified by them in law?
21 June 2013
Service Tax is applicable when some services are rendered by one person to another for consideration.
Problem cited by you does not fall into category of service rendered. We can never assume that company is rendering services to his employees for notice pay, indemnity bond, etc. recoveries as consideration.
Problem cited by you does not fall into category of service rendered. We can never assume that company is rendering services to his employees for notice pay, indemnity bond, etc. recoveries as consideration.
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2013
Agree. But this is an official instruction by a PSU. Is there any extreme logic by which it can be justified by them in law?
21 June 2013
A PSU cannot change law. It might be the case that they have some evidence and support in this regard. You need to check that before proceeding.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
