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GST - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Levy of GST - service of agreeing to tolerate an act or a ...


GST Not Applicable on Employee Notice Period Deductions; Not Considered Taxable Service Compensation under Employment Agreement.

July 4, 2023

Case Laws     GST     AAR

Levy of GST - service of agreeing to tolerate an act or a situation? - Deduction of the amount equivalent to salary for the tenure of notice period not served as a compensation for the breach of the terms of the employment agreement by the employees in accordance with the appointment letter - such amounts recovered by the employer are not taxable as consideration for the service of agreeing to tolerate an act or a situation - AAR

 

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