Applicability on directors fees - reverse charge mechanism
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2012
As per the new Scheme in Service Tax - Reverse Charge Mechanism, ST is now applicable on payment of Directors Sitting Fees to Directors.
Now, for a small Company, not registered under ST or not having any business covered, till date under ST provisions, what is the implications of the new scheme.
Please help.
Thanks,
Now, for a small Company, not registered under ST or not having any business covered, till date under ST provisions, what is the implications of the new scheme.
Please help.
Thanks,
24 December 2012
Now,
Despite of being a very small company, it has to get registration and pay service tax under reverse charge
Despite of being a very small company, it has to get registration and pay service tax under reverse charge
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Rent lease agreement
- Merchant Export Accounting
- Agriculture income or business income
- Internship/Academic shown in Salary Pay Slip of a Doctor
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
