Is GST applicable on Full & Final Settlement - Notice Pay Recovery?

Dear Team

Is GST applicable on Full & Final Settlement - Notice Pay Recovery. Is there is any Circular available for recovery

Thanks & Regards
Jain Seshan

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Hi,

Yes, GST will be applicable on the recovery of Notice Pay as per the appointment letter from the employees who are leaving the company without completing the notice period.

Regards
Arpana

3 Likes