CIRCULARS

S.No.

Circular

Dated

Subject

2.

Circular No.201/13/2023-GST (Para 2)

01.08.2023 Clarifications regarding applicability of GST on certain services
1. Circular No.140/10/2020-GST 10.06.2020 Clarification in respect of levy of GST on Director"s Remuneration.

COMMUNITY INSIGHTS

Topic Publish Date

GST Implications on Director's Remuneration

Every company pays remuneration to its directors and records it as an expense in the books of accounts. From a GST perspective, the question arises whether GST would be applicable on the remuneration paid by the company to its directors. If GST is applicable on such remuneration, then the next question is whether the tax would be payable under forward charge by the director, or whether such amount is taxable under RCM ..... Read More

24.05.2024