For instance, schedule III which declares certain supplies to be not considered as supply of goods or services and so there will no tax on this supplies.
Services by an employee to the employer in the course of or in relation to his employment. So there will be no tax on services provided by an employee to employer. But you have asked whether supplies by employers are taxable or not.
You should refer schedule I for this, which specifies supplies which should be considered as supply of goods or services even if they are provided for free of cost.
2. Supply of goods or services or both between related persons or between distinct persons as specified in section 25, when made in the course or furtherance of business:
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.
This is taken from schedule I, so gifts provided by employers to employees upto 50,000 Rs. is exempt.
chatCommentsIt says gifts whether free rent accomodation is included in this? Also free car rental, interest free loans etc. included in this? - Rahul Rai