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GST - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Levy of GST - payment of notice pay by an employee to the ...


GST Not Applicable on Notice Pay, Group Medical Insurance for Non-Dependent Parents, and Canteen Facilities Under CGST Act.

December 23, 2021

Case Laws     GST     AAAR

Levy of GST - payment of notice pay by an employee to the applicant employer in lieu of notice period, under clause 5(e) of Schedule II of CGST Act - GST is not applicable on payment of notice pay by an employee to the applicant-employer in lieu of notice period. - GST is not payable by the employer on the amount of premium paid towards Group Medical Insurance policy of non-dependent parents recovered from employees and from retired employees. - GST is not payable by the employer on recovery of nominal amount for availing the facility of canteen. - AAAR

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