Kenil Satra (Trainee) (59 Points)
02 April 2021A private limited company has three directors. All three are share holders cum directors of the company. My questions are:
1) Is GST applicable on the monthly salary paid to these directors by the company? If yes, then at what rate.
2) If, GST is applicable then should the company also deduct TDS on the monthly salary?
Thanks in advance
Jitendra Tripathi
(2 Points)
Replied 02 April 2021
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13709 Points)
Replied 05 April 2021
GST is not leviable in case of salary paid to directors since it is an employer employee relationship but GSt is payable on sitting fees or any other remuneration paid to directors.
CAclubindia
