https://www.taxtmi.com/forum/issue?id=113589 Applicability of GST on bond penalties: advisory views differ-one view treats the penalty as directly subject to GST; the other treats GST as chargeable when the employer enforces the contractual penalty, with the employer accounting for tax and any reimbursement governed by HR policy. Mention is made that enforceability of bond recovery may be constrained where statutory machinery is lacking. en-us Sun, 08 Apr 2018 16:23:40 +0530 Thu, 23 Jan 2025 15:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113589 Applicability of GST on bond penalties: advisory views differ-one view treats the penalty as directly subject to GST; the other treats GST as chargeable when the employer enforces the contractual penalty, with the employer accounting for tax and any reimbursement governed by HR policy. Mention is made that enforceability of bond recovery may be constrained where statutory machinery is lacking. Discussion-Forum GST Sun, 08 Apr 2018 16:23:40 +0530 https://www.taxtmi.com/forum/issue?id=113589