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TMI BlogGST DirectorsX X X X Extracts X X X X X X X X Extracts X X X X ..... A is a director in many companies and receives directors fees he does not render any other services his total directors fees exceeds rs. 40 lacs is A required to take registration under GST since his services as a director are covered under reverse charge and he does not render any other services he only receives director fees - Reply By Ganeshan Kalyani - The Reply = Registration is not requ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ired for the service supplied is covered under reverse charge notification. - Reply By KASTURI SETHI - The Reply = I support the view of Sh.Ganeshani Kalyani Ji. - Reply By KASTURI SETHI - The Reply = W.r.t. your query, it is very crucial to ascertain whether Director and Company have employer-employee relationship or not . For this purpose go through the following case law: 2019 (4) TM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I-1537-CESTAT Kolkata in the case of Brahm Alloy Ltd. Vs. Commissioner, CGST C.Excise, Durgapur. - Reply By Madhavan iyengar - The Reply = Kasturi sir one more clarification: The Director is only a ordinary/ sitting director and not an employee in many companies and he is being paid director fees in many companies. the total fees received exceeds rs. 50 lacs. since these are liable for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reverse charge only. and the receipient company of director services pays the RCM The Concerned Director does not have any other income other than director fees Now in above case is Director required to take GST Registration - Reply By KASTURI SETHI - The Reply = Sh. Madhavan Iyengar Ji, In the situation explained by you reply remains the same. Director is not required to obtain registrat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion as GST is to be paid by the Company who is receiving service from Director. RCM is applicable to the Company receiving service from Director. How doubt is created ? - Reply By Madhavan iyengar - The Reply = kasturi sir got it and moreover for purpose of registration under gst the aggregate turnover excludes turnover on which rcm is applicable so effectively no need for regn wher ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e director has fees exceeding rs. 40 lacs which is liable for rcm - Reply By Madhavan iyengar - The Reply = kasturi sir in the previous reply by me there is an error as per 2(6) aggregate turnover excludes inward supplies so i stand corrected. - Reply By KASTURI SETHI - The Reply = Sh.Madhavan Iyengar Ji, O.K. Thanks for reverting. - GST Directors - Query Started By: - Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dhavan iyengar Dated:- 17-7-2019 Goods and Services Tax - GST - Got 8 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, 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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