Question ID :
38189
158621
IS RCM APPLICABLE ON DIRECTOR REMUNERATION GIVEN BY COMPANY TO COMPANY TO DIRECTOR. AS DIRECTOR REMUNERATION IS REGULAR PAYMENT GIVEN BY COMPANY TO DIRECTOR AS LIKE SALARY GIVEN TO EMPLOYEE.
Posted by
AJITKUMAR L PATEL
on
Jun 07, 2019
Filed Under
GST
Not at all. It is applicable to the payment to non executive directors in form of sitting fees or any other professional fees for his contribution as an expert in the particular field and on reimbursement of expenses made by the company to them.
Posted by
CA. JHA SHANKAR KUMAR on
Jun 07, 2019
Answer ID :
76777
If the relationship between the director and the company is that of employer-employee type then RCM is not applicable.
Posted by
SIVADAS CHETTOOR on
Jun 07, 2019
Answer ID :
76793
Whole time directors are considered as employee of the company. Hence remuneration to whole time director is not liable to GST. But remuneration to part time director or independent director is liable to RCM under GST.
Posted by
CA. chunauti dholakia on
Jun 07, 2019
Answer ID :
76796
if the director is an employee of the co, ie... employer employee relation ship is found, then no gst on RCM
Posted by
CA. VENKITARAMAN K V on
Jun 07, 2019
Answer ID :
78913
no RCM Applicable
Posted by
CA Mohit Singhal on
Jun 23, 2019