Service Tax liability regarding rent paid to director by LTD. company

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..... Dear sir, If Director A is owner of a Ltd. company B. then he receive rent for this company. Is Company B pay Service Tax for rent paid to director A or not under Notification 45/2012 where it is clarified that As per Sl. No. 5 A of notification No.45 /2012-ST dated 20.6.2012 (With effect from 07.08.2012) in respect of services provided or agreed to be provided by a director of a company or .....

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..... a body corporate to the said company or the body corporate Service tax is payable under reverse charge mechanism (RCM) @100% by the company or the body corporate. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = Yes. You have given the correct picture. What is your query then? The amendment effected from 11.07.2014. - Reply By manish kumar - The Reply = Is Company is liable to pay ser .....

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..... vice for the rent paid to the director under RCM - Reply By Ramaswamy S - The Reply = The renting of immovable property service by the Director is different from the nature of services provided by the Director to the Company. The renting of immovable property is as an individual and not as a director of the company. The Director needs to register himself as a service provider of renting of immo .....

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..... vable property services and pay the Service Tax. Regards S.Ramaswamy - Reply By Ganeshan Kalyani - The Reply = The director of a company has to register under GST provided the income from renting crosses the threshold limit of ₹ 20 lacs. The service is provided by a Director in his individual capacity and not as a director hence the reverse charge is not applicable in this case. - Serv .....

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..... ice Tax liability regarding rent paid to director by LTD. company - Query Started By: - manish kumar Dated:- 21-8-2018 Service Tax - Got 4 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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