No GST should be levied on notice pay received from employees in lieu of notice period
Last updated: 13 January 2021
Court :
Gujarat AAR
Brief :
The Hon'ble Gujarat AAR, in the matter of M/s Amneal Pharmaceuticals Pvt. Ltd. [Advance Ruling No. GUJ/GAAR/R/51/2020, dated July 30, 2020] recently held that GST at the rate of 18% is applicable on recovery of notice pay from the employees who leave the company without completing the notice period as per the appointment letter.
Citation :
M/s Amneal Pharmaceuticals Pvt. Ltd. [Advance Ruling No. GUJ/GAAR/R/51/2020, dated July 30, 2020
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Bimal Jain
Published in GST
Views : 206
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