GST on Service indemnity bond

Dear Sir,
Is anybody having knowledge about applicability of GST on service indemnity bond paid by employee to employer ? more

Helpful Legal Advise and Matters Jan 09

Viewed by 451

Viswanathan Sankaranarayanan

No GST Applicable on issue of Service indemnity Bond more

Jan 10

Tridib Bhattacharya

Applicability of GST on service indemnity bond paid by employee to employer --- details require. Can contact. more

Jan 10

Ravinder Goyal (Member,Managing Committee,CGHS.)

GSY isn't applicable as it doesn't involve providing of service as per the definition of service stated in the GST Act. more

Jan 09

Vinay Bhatia

I think,No need to pay GST amount on the amount of service bond. It is just a compensation for not fulfilling the bond terms and conditions. As there is no supply of services involved therefore no need to pay GST and also this payment is against the employment contract. more

Jan 09

Rajnath Kumar

Please contact some CA may call Nikhil Gupta Mob 9212177370 more

Jan 09

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