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Reverse service tax on payment of diretors remuneration

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(Querist)
21 March 2013 We are a Pvt. Ltd company turnover below 10 lakh, we two directors take 1.2 lakh per anum from company as Directors, will it attract reverse Tax payment ?

ashok thakker
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 August 2013 Under reverse charge method of service tax, there is no basic exemption of service tax, need to pay from starting

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