Reverse charge mechanism on directors
This query is : Resolved
06 January 2013
Ad Agency Pvt. Ltd. has received and paid on 2nd August 2012, a consultancy bill
from its directors for the month of July 2012. The director is also receiving salary
from company.
Company wants to know whether it is liable to pay service tax on amounts paid to
directors under reverse charge mechanism?
1-consultancy bill
2-receiving salary from company
from its directors for the month of July 2012. The director is also receiving salary
from company.
Company wants to know whether it is liable to pay service tax on amounts paid to
directors under reverse charge mechanism?
1-consultancy bill
2-receiving salary from company
06 January 2013
As it seems that Director is employee of the company because getting salary , it would not be taxable under service tax & no application of reverse charge, but consultancy charge would be taxable subject to the other facts.
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