Question16: XYZ Ltd. spent a total amount of Rs.50000/- towards giving diwali gifts to the employees. Is XYZ liable to pay GST on it'

Answer: As per schedule 1 to CGST Act the limit is as follow Provided that gifts not exceeding fifty thousand rupees in value in a financial year by an employer to an employee shall not be treated as supply of goods or services or both. So the limit is per employee per year You have spent on all employees (more then one) so it is not taxable (Reply dt. 11/12/2017)