https://www.taxtmi.com/caselaws?id=756019 The AAAR Tamil Nadu held that a company's car lease facility to employees, where lease premiums are paid directly to the leasing company and exact amounts deducted from employee salaries, constitutes a taxable supply under GST. The Authority ruled that merely extending a facility does not qualify as a perquisite exempt under Schedule III Entry 1 of CGST/TNGST Acts 2017, as no actual monetary benefit is provided to employees. Since the company owns the cars and provides services on its own account while recovering full lease costs, this arrangement amounts to supply of services subject to GST, distinguishing it from genuine employment perquisites. en-us Wed, 10 Jul 2024 00:00:00 +0530 Mon, 05 May 2025 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756019 The AAAR Tamil Nadu held that a company's car lease facility to employees, where lease premiums are paid directly to the leasing company and exact amounts deducted from employee salaries, constitutes a taxable supply under GST. The Authority ruled that merely extending a facility does not qualify as a perquisite exempt under Schedule III Entry 1 of CGST/TNGST Acts 2017, as no actual monetary benefit is provided to employees. Since the company owns the cars and provides services on its own account while recovering full lease costs, this arrangement amounts to supply of services subject to GST, distinguishing it from genuine employment perquisites. Case-Laws GST Wed, 10 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756019