RCM on director salary
Govind Ballabh (Senior Accountant) (28 Points)
07 August 2017
is RCM applicable on Director/ partner salary paid by company/firm?
3 Replies
Ranjit
(Sr. Manager (Taxation))
(43 Points)
Replied 07 August 2017
no, not in salary paid to director but rcm will applicable for sitting fees paid to director
ISHU BANSAL
(30 Points)
Replied 07 August 2017
Director is paid salary in terms of his employment agreement
schedule III of The CGST Act, 2017 clearly states that employer-employee relationship is out of GST , Hence no GST on director salary
schedule III of The CGST Act, 2017 clearly states that employer-employee relationship is out of GST , Hence no GST on director salary
dipti adake
(64 Points)
Replied 07 August 2017
rcm is applicable for directors who not whole time directors...
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