Services supplied by a director of a company or a body corporate to the said company
How to find the rate for the notification number 13/2017 – Central Tax(rate), in this notification there is only RCM is discussed and no rate was shown. In this notification, Serial No 6, about Services supplied by a director of a company or a body corporate to the said company or the body corporate. Remuneration to director of the company will attract GST ?
what provisions will attract under gst ?
GST on Director Services: Key Insights on Remuneration, Notification 13/2017, and Tax Treatment Differences. A discussion on the Goods and Services Tax (GST) implications for services provided by a director to their company or body corporate, referencing notification number 13/2017. It clarifies that such services fall under SAC 9983, attracting CGST and SGST at 9% each, or 18% IGST for interstate supplies under reverse charge. Participants debated whether directors' remuneration, including benefits like cars or housing, is subject to GST. It was concluded that remuneration is considered a taxable consideration, while salaries paid to managing directors and executive directors are not, due to differences in tax treatment under sections 192 and 194 of the Income Tax Act. (AI Summary)
Goods and Services Tax - GST
TaxTMI 
TaxTMI 
