Question ID :
31734
Applicability of GST on late coming deductions from employee
Is Late coming deductions should consider under
clause I of schedule III of GST Act 2017 -
Consider that this transaction as supply by the employer to the employee in terms of contractual agreement entered into between the employer and the employee,
will not be subjected to GST.”
or
Clause 5(e ) of Schedule II of CGST Act 2017 -
Amount deducted is Consideration to the employer for “tolerating the act and will be subjected to GST.
posted by
Laxmikant Nilkanth Alai
on
Jul 6 2018 12:00AM