is it true that services by director to a company comes under RCM? but if a company is paying its director salary and deducting tds on that then how rcm will be applicable
vandana0108 (Accountant) (57 Points)
17 June 2017is it true that services by director to a company comes under RCM? but if a company is paying its director salary and deducting tds on that then how rcm will be applicable
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 17 June 2017
If the Director is getting salary, then he is the employee of the company and RCM will not be applicable.
CA Bhargav Nathwani
(CA in Practice)
(8307 Points)
Replied 17 June 2017
other than employee and employer relationship transactions will apply GST. in your case NO GST.
CAclubindia
