Applicability of GST on gifts and perquisites

This query is : Resolved

Piyush (Querist)
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13 August 2025 Mr.X receiving professional fees from Company, on achieving sales target has received a gifts/perquisites. Company has deducted TDS via Section 194R and is reflecting in 26AS of Mr.X.

Is Mr. X is liable to Pay GST on the amount which is showing in 26AS u/s 194R.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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13 August 2025 Yes, Mr. X is liable to pay GST on the value of gifts or perquisites shown in his 26AS u/s 194R. The value reflected in 26AS should be added to his taxable turnover under GST, and accordingly GST should be paid.

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