News
Here's how GST complicates the employee-employer relationship
- Date:
- June 20, 2017
- Source:
- Economic Times
"How would you treat a car given to employees for their use under GST (goods and services tax)?" a tax head of a car company asked me. 'Why should it be such a big problem?' I wondered. Until I realised the nuances of such a transaction. Is the car capitalised in the books of the company? Is it registered in the company's or employee 's name? As per the company's HR policy, is the employee allowed…