Rites Limited ., In re
Date: October 18, 2022
Subject Matter
GST not leviable on recovery of Notice Pay, Bond Forfeiture, Canteen Charges, ID Card Replacement
Summary
Questions Answers Whether the amount collected by the Applicant company as Notice Pay Recovery from the outgoing employee would be taxable under GST law and if yes, rate of GST thereupon? No Whether the amount of Surety Bond forfeited/encashed by the…
To file an application before the Authority of Advance Ruling, the applicant must satisfy the conditions prescribed under the Central Goods and Services Tax Act, 2017 (hereinafter referred to as CGST Act, 2017) and Haryana Goods and Services Tax Act, 2017 (hereinafter referred to as HGST Act, 2017). Since the provisions of both the Acts are parimateria, any reference to provisions of CGST Ac…