Gifts upto Rs 50000 by employer to employee outside GST ambit

Last updated: 11 July 2017

Gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business. It is being reported that gifts and perquisites

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