sona1 (MANAGER) (365 Points)
10 July 2020Amit as a director of a Ltd. Company , he also work as a Tecnical Advisor in a partnership firm and quarterly submitted his bill against above partnership firm . Please suggest us - in this situation partnership firm can paid RCM against Amit technical consultancy bill purpose...
chethan data
(298 Points)
Replied 10 July 2020
CA Rashmi B
(Assistant Manager)
(787 Points)
Replied 10 July 2020
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 10 July 2020
| Originally posted by : TUKAI | ||
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Amit as a director of a Ltd. Company , he also work as a Tecnical Advisor in a partnership firm and quarterly submitted his bill against above partnership firm . Please suggest us - in this situation partnership firm can paid RCM against Amit technical consultancy bill purpose... |  |
Descripttion of Services
Services supplied by a director of a company or a body corporate to the said company or the body corporate.
Supplier of Services
A director of a company or a body corporate
Recipient of Services
A company or a body corporate located in the taxable territory
Conclusion
In Your case Director Fees taxable under RCM and Technical Fees Taxable if your Partnership limit cross as specified under GST LAW for Registration.
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