Directors Remmuneration
This query is : Resolved
Quick Summary
11 June 2020
Hi,
Do we have to pay GST on Directors Remuneration who is full time director.
& if so, then wef ?
Do we have to pay GST on Directors Remuneration who is full time director.
& if so, then wef ?
11 June 2020
No. Please refer Schedule III of GST Act.
CA Sindhu KJ
(Expert)
11 June 2020
If remuneration paid is in form salary it falls under Sch III & GST is not required. However if it is paid as professional fees (Liable for TDS u/s 194J), GST is applicable. Refer : https://cbic-gst.gov.in/pdf/Circular-GIC-Approval-Director-Renumeration.pdf
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