'Global IDT Chronicles': VAT Treatment of Employee Recoveries: An Insight into Global Scenario – Part I

‘Employee rewards and perks’ has always been a contentious issue, irrespective of pre-GST era or during! Recently, the Maharashtra Authority of Advance Ruling (‘AAR’), has rendered a ruling in case of Tata Motors Ltd. [TS-745-AAR-2020-NT] on employee recoveries, which is a welcome one for the assessees. In this write-up, our Global IDT Chronicles contributor Sindhu Mangat (Advocate, Swamy Associates) takes a deep dive into the VAT pr...