According to schedule 3 , GST is not levied when there is an employer employee relationship. But, there is a provison that transaction between employer and employee is taxable only if it is greater than 50,000. Aren't both contradicting?
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Quick Summary
This discussion explores the nuances of GST application within the employer-employee relationship. While Schedule III generally exempts services provided by an employee to an employer, a provision exists for transactions exceeding £50,000 to be taxable. Participants clarify that gifts are typically not part of the employment contract, unlike salary, and that Schedule III specifically covers employee-to-employer services, leaving room for ambiguity on employer-to-employee charges.