Notice pay recovery not liable to service tax, rules Madras High Court
Experts expect some clarification to be issued under GST Recovery of notice period pay will not be subjected to services tax, Madras High Court has ruled. Now, the government is expected to come out with a clarification to deal with such matter under the Goods & Services Tax (GST) regime. The case belongs to the old regime of service tax. The petitioner GE T&D India Limited (formerly Alsto…