Gst on company car lease

Karthi (Consultant) (1 Points)

02 April 2017  
I see that GST has a provision to tax employee benefits which are not part of CTC (Reference - https://timesofindia.indiatimes.com/business/amenities-to-employees-outside-ctc-may-trigger-gst-liability/articleshow/57883279.cms). Now, I have the option of taking company car lease where the EMI will be taken from my allowance basket (which is part of my CTC). From what I understand, just like telephone reimbursements, once I start availing this facility, the EMI will be deducted from my pay and it will not appear in my payslip. I would like to know if such a facility also comes under the purview of taxing an employer and what is the expected rate of tax. I am worried if this is the case, the tax will be passed on to me and I will loose any tax benefit I gain in taking the car lease. Please clarify.