Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

Gst applicable for director remuniration

sivaram (Sr. Accounts Executive) (104 Points)

28 September 2017

Hi,

GST applicable for Director Remuniration ??

Reply
Follow
Share

5 Replies

Abisheik (Articled Clerk) (173 Points)
Replied 28 September 2017

Yes, GST is applicable on Directors remuneration under RCM payable by the company.

For more clarifications refer the below link sir

https://www.indiafilings.com/learn/gst-directors-remuneration/

Upgrade to CAclubindia Pro. Subscribe Now!

SIVASANTHOSH T (NARASANNAPETA) (64 Points)
Replied 28 September 2017

no, this is not applicable.
remuneration is a one type of salary paid to director. so it's not applicable for RCM also

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 28 September 2017

No...

RCM not applicable on Remuneration..

Abisheik (Articled Clerk) (173 Points)
Replied 03 October 2017

GST applicability on Directors Remuneration depends on the nature of remuneration paid.

If remuneration is paid in nature of salary to a director who is involved in management of the company then GST wont be applicable and in cases like remuneration paid in way of Sitting Fees,Commission,Charges for guarantee given for company's loan etc would attract GST.