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Director fees
Dear Sir,
in reversal mechanism if director provide a services to company whether we have to pay service tax on only sitting fees of directors. or if travelling expenses/Borading lodging expenses also can pay by RCM. Kindly clarify sir,
Replies (2)
In Reversal Mechanisam you will have to Pay the Service tax to Service provided by director i.e Sittting Fees , Travelling Expenses & Boarding Expenses are only Reimbursement of Expenses which is to be paid by Company to Director it is not a Service.
Thank you. Rahul sir
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