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Fringe Benefits

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Is fringe Benefits also subject to GST to employer.... Are all items under P&L purchased in cash also need to be taken for Reverse Tax method
Replies (4)
If such benefits are part of employment terms , then no gst . If such items are in the nature of gift to employees by employer , no gst on value , up to Rs 50000 per year
Any purchase of items from one unregistered or all unregistered persons up to Rs 5 k is exempted per day - such items must be taxable goods - includes service value also
If exceeds Rs 5k , then registered person has to pay GST under reverse charge
Thank you for the valuable piece of advice...


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