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Service Tax - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Taxable Service or not - payment of remuneration in the nature ...

Case Laws     Service Tax

November 21, 2020

Taxable Service or not - payment of remuneration in the nature and form of commission based on percentage of profit to whole time directors - reverse charge mechanism (RCM) - when the very provisions of the Companies Act make whole-time director (as also in capacity of key managerial personnel) responsible for any default/offences, it leads to the conclusion that those directors are employees of the assessee company. - AT

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