GST on Notice Pay Recovery
DEEPAK KADAM (61 Points)
03 August 2018DEEPAK KADAM (61 Points)
03 August 2018
CMA M.Keerthi chandra
(C.A FINAL STUDENT AND QUALIFIED C.M.A)
(561 Points)
Replied 11 January 2020
Services provided by an employee to the employer in course or in relation to the employment are not treated as Supply(.Schedule III).Hence related payments are not subjected to G.S.T.
Where as Gifts of value more than 50,000 made without consideration are supply and subject to G.S.T when made in course or furtherance of Business.