Service tax liability on director remuneration under rcm
This query is : Resolved
29 July 2014
Dear Experts,
A Pvt Ltd Company having 3 Director and paying them annual remuneration in the form of Salary and all three director are active Director of company.
My query is that if company paying remuneration to them then any service tax liability occurred in the hand of company under Service Tax Reverse Charge Mechanism because Director are in full time employment and service of Company.
Please guide us
Thanks
A Pvt Ltd Company having 3 Director and paying them annual remuneration in the form of Salary and all three director are active Director of company.
My query is that if company paying remuneration to them then any service tax liability occurred in the hand of company under Service Tax Reverse Charge Mechanism because Director are in full time employment and service of Company.
Please guide us
Thanks
Ganeshbabu K
(Expert)
03 August 2014
Once there is employer-employee relation, mode of payment will not alter the nature of service.
No Service tax is payable under RCM if directors are in full time employement with company
.
.
No Service tax is payable under RCM if directors are in full time employement with company
.
.
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