Notice pay / compensation
This query is : Resolved
15 March 2018
WE PAY 2 MONTHS NOTICE PAY( COMPENSATION ) TO OUR EMPLOUEE
& TERMINATE HIS SERVICE.
CAN WE ARE LIABLE TO PAY GST ON NOTICE PAY/ COMPENSATION
IF YES , WHAT IS THE RATE , WHAT IS THE SAC CODE.
PLEASE GUIDE.
REGARDS
RAJKUMAR GUTTI
& TERMINATE HIS SERVICE.
CAN WE ARE LIABLE TO PAY GST ON NOTICE PAY/ COMPENSATION
IF YES , WHAT IS THE RATE , WHAT IS THE SAC CODE.
PLEASE GUIDE.
REGARDS
RAJKUMAR GUTTI
15 March 2018
no GST not applicable to salary ,services by an employee to employer in the course of or in relation to his employment’ are out of the purview of GST. It is important to note that services in the course or in relation to employment are out of the purview of GST.
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