This notification provides clarification regarding the Goods and Services Tax (GST) levy on remuneration paid to directors. It aims to address any ambiguities concerning the tax treatment of such payments. For precise details on how GST applies to director's fees and other forms of compensation, please refer to the downloadable notification.
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FAQ :
This notification clarifies the rules for levying GST on the remuneration paid to directors.
The notification addresses the GST levy on director's remuneration.
You can download the official notification from the provided link for full details.
The notification provides clarification on the GST levy on director's remuneration, implying it applies to directors receiving such payments.
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Circular No : 140/10/2020Published in GST
Source : http://www.cbic.gov.in/htdocs-cbec/gst/Circular_Refund_140_10_2020.pdf