Goods and Services Tax – GST – By: – CS Swati Dodhi – Dated:- 12-7-2017 Last Replied Date:- 17-7-2017 – Govt says gifts of up to ₹ 50,000 by employer exempt under GST On Monday governmnt clarified that gifts worth up to ₹ 50,000 by an employer to its employees as well as free membership of clubs, health and fitness centres will not attract goods and services tax (GST). Also, the services by an employee to the employer in the course of or in relation to his employment is outside the scope of the new indirect tax regime, it said. Any club, health and fitness centre membership provided by an employer to its all employees free of charge will not be subject to GST. The same would hold true for free housing as part of costtocompany p
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scribed i.e. ₹50,000/-. – Reply By sanjeev goel – The Reply = Only gifts from employer upto ₹ 50,000/- are out of GST or the gifts from anybody like free samples etc.?? – Reply By CS Swati Dodhi – The Reply = As per my understanding it's only gifts from employers. – Reply By Abhishek Jain – The Reply = Dear madam,Is it 50,000 per employee or 50,000 on all employees together. – Reply By sanjeev goel – The Reply = Sir it is 50,000/- per employee. – Reply By pradeep kataria – The Reply = Dear CS Swati What would be the treatment where the employer provides services to its empoyees on concessional basis e.g. providing vehicle on concessional rent basis for private use etc. ? Whether it falls under Schedule I or clause 4 of Sched
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