Gift

Indirect Taxation

If employer gives gift to employee in cash >50k Will gst applies for cash gift of >50k

Pantham Nagesh

CA Inter

★ 4K+

21-Jun-22 11:39

593

Answers (4)

Gifts upto a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business

Be The Change

CA Inter

★ 11K+

21-Jun-22 11:42

Yes it will.

Shiva Teja

Faculty

21-Jun-22 16:08

Tq sir

Thread Starter

Pantham Nagesh

CA Inter

★ 4K+

21-Jun-22 17:07

Yes

Priyanka R

CA Final

★ 20K+

22-Jun-22 07:52

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