impact of gst on employee benefits and perks.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 December 2017
We are providing the followings benefits to our employees. None of these are part of CTC or employment contract but are as per HR policies.
1) We provide subsidize transportation to our employees for easy commuting between office and residence.
2) We provide free transportation to our employees for their late stay and holiday working
3) We provide free lunch to all our employees
4) We provide Tea & Coffee to all our employees through out the day.
5) We provide free group medical insurance, personal accident and term life insurance for our employees and their dependents.
6) We reimburse mobile and internet expenses to our sales and marketing team, HODS, and support staff based on the bills submitted by them and these bills are in the name of employees.
7) We have provided company maintained car to our Director / CEO for official and personal use and also reimburse fuel expenses and Car Maintenance expenses.
We would like to know applicability of GST on the above transactions.
Thanks & Regards
1) We provide subsidize transportation to our employees for easy commuting between office and residence.
2) We provide free transportation to our employees for their late stay and holiday working
3) We provide free lunch to all our employees
4) We provide Tea & Coffee to all our employees through out the day.
5) We provide free group medical insurance, personal accident and term life insurance for our employees and their dependents.
6) We reimburse mobile and internet expenses to our sales and marketing team, HODS, and support staff based on the bills submitted by them and these bills are in the name of employees.
7) We have provided company maintained car to our Director / CEO for official and personal use and also reimburse fuel expenses and Car Maintenance expenses.
We would like to know applicability of GST on the above transactions.
Thanks & Regards
07 December 2017
These are all employees related expenses GST not applicable on it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- DUE DATE FOR ITR FILING
- Computation of Dividend
- Gst reverse charge mechanism to be claimed in the month of payment
- ITR 44AD SECTION
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- GST REGISTRATION REQUIRED TO DIAGNOSTIC UNIT
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
