Gift to employees

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....ift to employees<br> Query (Issue) Started By: - Ashiesh Prremji Dated:- 29-9-2021 Last Reply Date:- 29-9-2021 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>Dear Experts, Please Clarify whe....

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....ther as per Schedule I gift in kind amount of 50,000/- by an employer to his employee is for per employee or all employees per Financial Year ? Reply By KASTURI SETHI: The Reply: It is per employee.....

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.... the language is &#39;by an employer to an employee&quot; &quot;Provided that gifts not exceeding fifty thousand rupees in value in a financial year by an employer to an employee shall not be treated....

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.... as supply of goods or services or both. Reply By Ashiesh Prremji: The Reply: Yes Sir....Thanks for Clarification.<br> Discussion Forum - Knowledge Sharing ....