dharmendra gohil (accountant) (42 Points)
02 July 2018REMUNERATON PAID TO DIRECTORS ANNUALY BASIS ON THEIR SERVICE TO COMPANY SAC CODE ?
RATE OF GST?
IF PAID UNDER RCM INPUT CREDIT CLAIMED OR NOT?
Raman Khanna
(73 Points)
Replied 02 July 2018
Raman Khanna
(73 Points)
Replied 02 July 2018
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 02 July 2018
SAC-9983
Rate-18%
ITC-Yes available after you make the payment i.e if you make the payment and show it in June return, then you may avail the credit in July return.
Note-Remuneration paid to directors which is in the nature of salary i.e. under employer and employee relationship, is not chargeable to tax under RCM.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 02 July 2018
Rishi
(articalship)
(28 Points)
Replied 07 June 2019
Sitting fee paid to Directors is chargeable under RCM ?, please clarify notification....as per GST act
CAclubindia
