Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Services provided to employees

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... XYZ Ltd. is taking car on lease and giving to employee for his use, supplying food to employees. All this is part of the employment terms as perquisites therefore no consideration is received from the employees. Is XYZ liable to pay GST on it since employer and employee are treated as related persons? - Reply By PraveenKumar mekalacheruvu - The Reply = Dear sir, the perquisites which are form .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... part of employment agreement are not liable to gst. Because under schedule 3 the services provided by the empolyee to the empolyer are not liabe to gst.Now the perquisites{form part of empolyment agreement} which are provided by the empolyer to the empolyee is considered as salary for the services provided by the empolyee. - Reply By Ganeshan Kalyani - The Reply = Since, the benefits form .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s part of the salary it is not exigible to GST. - Reply By Ganeshan Kalyani - The Reply = However, there is a chance of applicability of GST, because schedule III of CGST , Act treats services by an employee to the employer ..... neither as a supply of goods or services and not vice-versa. - Reply By Ganeshan Kalyani - The Reply = Refer issue id: 114956 - Services provided to employees .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Query Started By: - Kaustubh Karandikar Dated:- 17-5-2019 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates