Applicability of GST on gifts and perquisites

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This query is : Resolved

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If you've received gifts or perquisites from a company for achieving sales targets, and TDS has been deducted under Section 194R, you are liable to pay GST on these items. The value shown in your 26AS statement must be added to your taxable turnover for GST purposes, and the relevant GST paid accordingly.

Piyush

Piyush (Querist)

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)

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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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

23 September 2025 Good luck....

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