Fidelity Information Services India Private Limited ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Karnataka
- Date:
- July 2, 2024
- Type:
- Advance Ruling
- Members:
- Ravi Prasad, Kiran Reddy
Subject
No GST on recovery of retention bonus, joining bonus, work from home allowance, and expenses under Tuition Assistance Program (TAP)
Summary
The applicant in this case provides retention bonus, joining bonus, work from home allowance, and expenses under Tuition Assistance Program (TAP) as per contractual agreements with employees. These allowances are provided with the condition that if t…
Judgement
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, KARNATAKA ORDER UNDER SECTION 98(4) OF THE CGST ACT, 2017 & UNDER SECTION 98(4) OF THE KGST ACT, 2017 M/s. Fidelity Information Services India Private Limited, 2nd, 3rd and 6t h Floor, Tower 3, WRAP Building, EPIP, Zone 1, Whitefield Road, Bengaluru-560 066 (hereinafter referred to as ‘The applicant’), having GSTIN 29AAG…