Director Remuneration and Rental Income

This query is : Resolved 

12 March 2024 There is one person who serves as a director of a company and receives director remuneration from the company, for which the company deducts TDS under section 192. The individual is also registered under GST, as they receive rent for a property. My question is, if the company deducts TDS under section 194J for director remuneration, will the individual have to pay GST on a Reverse Charge Mechanism (RCM) basis? Secondly, will the individual need to obtain another GST number specifically for director remuneration?

13 March 2024 Company has to pay GST under RCM on remuneration paid to Director under section 194J.

14 March 2024 Thank you sir


14 March 2024 You are welcome...
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