A company deducts fine and
penalties from Employees for various reasons. Whether GST is applicable.. If applicable the rate of GST..
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Fine and penalties from Employees
Replies (3)
No........ if it is in course of employment , it's neither supply of goods nor supply of services.(Refer schedule III)
No.Not applicable
If penalties are as per the terms of contract of employment then no GST. in other case I think GST is Levy because it's within the meaning of supply
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