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Is GST applicable on monthly salary drawn by director?

RCM 288 views 3 replies

A private limited company has three directors. All three are share holders cum directors of the company. My questions are:

1) Is GST applicable on the monthly salary paid to these directors by the company? If yes, then at what rate.

2) If, GST is applicable then should the company also deduct TDS on the monthly salary?

Thanks in advance

Replies (3)
No GST on salaries paid to employees or directors
Gst on full time Directors are exempt as per schedule III. Gst on part time Directors other than govt. co. are chargeable under reverse charge.

GST is not leviable in case of salary paid to directors since it is an employer employee relationship but GSt is payable on sitting fees or any other remuneration paid to directors.


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