TMI BlogGST ON DIRECTORS REMUNERATIONX X X X Extracts X X X X X X X X Extracts X X X X ..... If GST is applicable on remuneration paid to Directors by company. - Reply By HimansuSekhar Sha - The Reply = Yes, the gstvis applicable - Reply By KIRTIKUMAR PUROHIT - The Reply = ON DIRECTORS REMUNERATION THERE IS NO GST APPLICABLE BECAUSE IT IS CONSIDERED AS SALARY AND 16-A FORM ALSO IS TO BE ISSUED, Any other services provide in that case GST applicable. - Reply By HimansuSekhar Sha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Sir, form 16 16A are issued to different personas. 16A is issued for professional services. I may be corrected if wrong. - Reply By THYAGARAJAN KALYANASUNDARAM - The Reply = Dear sir, Even we can issue both the form to same person. In case of salary or remuneration form 16 will be issued in any other case form 16A will be issued to the directors. - Reply By H ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... imansuSekhar Sha - The Reply = If it is a salary , there will be no gst, otherwise there will be gst. Check under which act TDs is deducted, 194 or 192 - Reply By KASTURI SETHI - The Reply = Remuneration is wider term. Salary is one of the components. Salary is not taxable under GST.. Whether Director is getting salary or remuneration it can be ascertained from the terms and conditions o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the agreement. Normally there is agreement and not appointment letter between Company and Director. - Reply By KASTURI SETHI - The Reply = Salary is already part of transaction cost. - GST ON DIRECTORS REMUNERATION - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 9-8-2017 Goods and Services Tax - GST - Got 7 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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