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GST on Notice pay received from employees


Narayanan S   12 April 2021

Narayanan S

 5 likes  90 points

| My Other Post
The employees who leave the company without completing the notice period as per appointment letter, we have being recovering the notice pay.

Is it applicable GST, kindly share yours views.
CA Thuppada Aruna

CA Thuppada Aruna (Job)     12 April 2021

CA Thuppada Aruna
Job 
 1 likes  15 points

View Profile | My Other Post
As per Advance Ruling No. GUJ/GAAR/R/51/2020, dated July 30, 2020, Employer is eligible for collection of GST on notice pay recovered @ 18%....
Sourav

Sourav (Student)     12 April 2021

Sourav
Student 
 491 likes  8072 points

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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.

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