gst rate for employee recovery
Query (Issue) Started By: – Madhavan iyengar Dated:- 20-2-2019 Last Reply Date:- 23-2-2019 Goods and Services Tax – GST
Got 8 Replies
GST
A Company recovers from its employees ₹ 500 per month per employee towards bus transportation
\nQuery: What is the GST rate to be applied on the bus amount recovery is the rate of tax to be applied on basis of bill received from bus contractor @12% or we need to charge GST@18% being general service rate
\nReply By Ganeshan Kalyani:
\nThe Reply:
\nin my view, 18%.
\nReply By KASTURI SETHI:
\nThe Reply:
\nSh.Ganeshan Kalyani Ji,. How you justify 18% rate ? For enrichment of my knowledge pl.
\nReply By Ganeshan Kalyani:
\nThe Reply:
\nCompany is providing a support servic<\/p>\n
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\nkasturiji and kalyaniji thanks for your valuable guidance and inputs, what happens if there was no recovery ie bus service was free of cost should employer discharge gst on the entire billed amount by the bus service provider ( employer employee being related party) ?
\nReply By KASTURI SETHI:
\nThe Reply:
\nIt is a hypothetical question. It depends upon the nature of the contract. Who is service provider and who is service receiver ? Normally perks, amenities, various allowances are treated as part of salary given to the employee by employer. (No GST on salary). . If it is so, liability to discharge GST is cast upon the employer.
\nReply By Ganeshan Kalyani:
\nThe Reply:
\nI agree with the views of Sri Kasturi Sir.
Discussion Forum – Kn<\/p>\n
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