Friends,
PFA 100 FAQs released by Govt on GST on 26.6.2017 based on queries on Twitter. Pl refer FAQ 68 relating to employees:
Q. Employer provides bus service,meal coupon, telephone at residence, gives vehicle for official and personal use, uniform and shoes. Any GST?
Ans.: Where the value of such supplies is in the nature of gifts,no GST will apply till value of such gifts exceeds Rs.50,000/- in a financial year.
Thanks
From India, Malappuram
1442PFA 100 FAQs released by Govt on GST on 26.6.2017 based on queries on Twitter. Pl refer FAQ 68 relating to employees:
Q. Employer provides bus service,meal coupon, telephone at residence, gives vehicle for official and personal use, uniform and shoes. Any GST?
Ans.: Where the value of such supplies is in the nature of gifts,no GST will apply till value of such gifts exceeds Rs.50,000/- in a financial year.
Thanks
From India, Malappuram
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
How GST complicates employer-employ ee relationship.do cx
Order No. 1-2018 Extension of date for submitting the statement in FORM GST TRAN-2.pdf