Gifts from employers to employees worth up to __________ will not attract the Goods and Services Tax.

Gifts from employers to employees worth up to __________ will not attr

1.	Gifts from employers to employees worth up to __________ will not attract the Goods and Services Tax.
Answer» Gifts from employers to employees worth up to Rs. 50,000 will not attract the Goods and Services Tax, nor will perquisites enjoyed by employees as part of the employment contract. This means that GST will have to paid only in exceptional situations where gifts are given on voluntary basis, such as Diwali gifts to employees and that too if the value is more than Rs. 50,000.