sitting fees

[Richa Goyal]

I am a practicing professional liable for GST. I also get sitting fees as member of a ethical review board. would this sitting / meeting fees be also liable for GST?

Regards

Richa Goyal

[KASTURI SETHI]

In my view sitting fee is taxable under GST.

[Ganeshan Kalyani]

It is taxable under RCM.

[YAGAY andSUN]

As per notification 13 / CT(R) , 28/6/2017 -services supplied by a director of company to company located in taxable territory RCM is applicable . you can download this notification form CBEC web site CBEC / GST / Notification for your records .

AI Summary

Sitting Fees for Ethical Review Board Members Taxable Under GST; Reverse Charge Mechanism May Apply per Notification A professional inquired about the applicability of Goods and Services Tax (GST) on sitting fees received as a member of an ethical review board. Three responses were provided. The first response indicated that sitting fees are taxable under GST. The second response noted that it is taxable under the Reverse Charge Mechanism (RCM). The third response referenced a specific notification, stating that services provided by a director to a company in a taxable territory are subject to RCM, suggesting that similar treatment might apply to the inquirer's situation.