Podcast
Questions and Answers
When are services provided by an employee to the employer considered outside the scope of GST?
When are services provided by an employee to the employer considered outside the scope of GST?
- When they are provided in relation to the employer's business
- When the value of the services is less than ` 50,000
- When the employer and employee are not related persons
- When they are provided in course of or in relation to the employment (correct)
What is the significance of gifts by an employer to an employee valued at ` 50,000 as per Schedule I of the CGST Act?
What is the significance of gifts by an employer to an employee valued at ` 50,000 as per Schedule I of the CGST Act?
- They are subject to GST at a special rate
- They are treated as supply of goods
- They are exempted from being treated as supply of goods or services (correct)
- They are considered as supply of services
What is the key factor determining whether transfer of goods between two places of business under the same PAN will be considered a supply under GST?
What is the key factor determining whether transfer of goods between two places of business under the same PAN will be considered a supply under GST?
- Whether there is separate registration for each place of business (correct)
- Whether the transfer involves payment in cash
- Whether there is a legal contract for the transfer
- Whether the goods are movable property
Why do moulds and dies sent free of cost (FOC) by Original Equipment Manufacturers (OEM) to component manufacturers not constitute supply under GST?
Why do moulds and dies sent free of cost (FOC) by Original Equipment Manufacturers (OEM) to component manufacturers not constitute supply under GST?
In the context of GST, when are gifts from an employer to an employee considered non-commercial supplies?
In the context of GST, when are gifts from an employer to an employee considered non-commercial supplies?
What determines if the supply of goods or services between an employer and employee is subject to GST?
What determines if the supply of goods or services between an employer and employee is subject to GST?
In GST context, why are services provided by an employee to the employer not considered as supply?
In GST context, why are services provided by an employee to the employer not considered as supply?
Which characteristic distinguishes non-commercial supplies in GST from commercial supplies?
Which characteristic distinguishes non-commercial supplies in GST from commercial supplies?
Why does Schedule III of CGST Act treat services provided by an employee to employer as outside GST scope?
Why does Schedule III of CGST Act treat services provided by an employee to employer as outside GST scope?
What factor primarily determines whether goods transferred between two places of business will be categorized as supply under GST?
What factor primarily determines whether goods transferred between two places of business will be categorized as supply under GST?
