As per section 25 of CGST Act, 2017, when employer gifts goods or services to his employees, it will not be considered as taxable supply for the purpose of GST; if the value of supply to an employee does not exceed :

CS Executive · Tax Laws · PYQS · June 2022
As per section 25 of CGST Act, 2017, when employer gifts goods or services to his employees, it will not be considered as taxable supply for the purpose of GST; if the value of supply to an employee does not exceed :
(A) ₹5,000
(B) ₹20,000
(C) ₹50,000
(D) ₹1,00,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: GST

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