I am working in only one company as director and getting paid fee as director remuneration since I am not covered under salary and i am getting paid more than 20 lakh per annum. Do I need to get registered under GST ? Is it necessary register since I am working full time only in one company.
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GST registration for Director Remuneration
Replies (4)
There is the scheme of RCM where service receipent will pay the GST
Service recipient will pay the gst.
Remuneration received by director is taxable under RCM and company will pay the tax on it.
So you need not required to pay tax.
So you need not required to pay tax.
GST registration is not required for the director in your case. However for company if remuneration is in nature of salary then no RCM required otherwise gst under rcm will have to be paid by the company.
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