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of <h1>GST Clarification: Directors' Remuneration Taxable for Non-Employees; Employees' Salaries Exempt, Professional Fees Taxable.</h1> The circular clarifies the applicability of GST on directors' remuneration. For independent directors or those not employed by the company, their remuneration is taxable under GST, with the company liable to pay on a reverse charge basis. For directors who are employees, remuneration classified as 'salaries' and subject to TDS under Section 192 of the Income Tax Act is not taxable under GST. However, remuneration classified as professional fees and subject to TDS under Section 194J is taxable, with the company responsible for GST payment on a reverse charge basis. Suitable trade notices are recommended for public awareness.
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