Kamlesh Kumawat (45 Points)
25 December 2017
Rakesh Bandal
(Self Employed and Agriculture)
(1349 Points)
Replied 25 December 2017
GST is Chargable for Value of gift Exceeds Rs. 50,000/- during financial year
so it is clear that value should not exceed Rs. 50,000/-,
but I am not completely sure about cash paid or Gift in the form of other goods/thing
If cash is paid then it will not be taxable under GST it may be treated as bonus
sudip sharma
(article)
(734 Points)
Replied 25 December 2017
CAclubindia
