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GST on Notice Pay Recovery
Is GST applicable on Notice pay recovery. (Amount recovered from employee by employer).If yes, pls share the Section no. Rule no. and SAC number.
Replies (4)
Yes GST is applicable.
As per para 5(e) of Schedule II , 'tolerate an act or situation" shall be treated as supply of services .
So here the employer has tolerated a breach of Contract by employee.
As per para 5(e) of Schedule II , 'tolerate an act or situation" shall be treated as supply of services .
So here the employer has tolerated a breach of Contract by employee.
Thankyou Sir, Can you please provide the SAC number?
As per my view, GST will not be applicable. Bcz:-
1. There is employer employee relationship.
2. There is no supply.
Lets see what other experts say.
1. There is employer employee relationship.
2. There is no supply.
Lets see what other experts say.
@ CA SUNNY AGGARWAL
IT DOES NOT COVER UNDER EMPLOYER EMPLOYEE RELATIONSHIP ANYMORE BECAUSE HERE THE CONTRACT HAS BEEN CEASED.ITS NOT BEING IN COURSE OF OR RELATION TO EMPLOYMENT.
YES "NOTICE PAY BY EMPLOYER" IS COVER UNDER SCHDULE III HENCE GST DOES NOT ATTRACT
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