Easy Office
LCI Learning

Applicability on directors fees - reverse charge mechanism

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 December 2012 As per the new Scheme in Service Tax - Reverse Charge Mechanism, ST is now applicable on payment of Directors Sitting Fees to Directors.

Now, for a small Company, not registered under ST or not having any business covered, till date under ST provisions, what is the implications of the new scheme.

Please help.

Thanks,
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
24 December 2012 Now,
Despite of being a very small company, it has to get registration and pay service tax under reverse charge

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links