TaxTMI 
TaxTMI 
Can anyone help me out with that the RCM is applicable to director remuneration in Multistate coperative societies in Maharashtra?
If yes then at what rate
RCM Applicability in Multistate coperative societies
04 Oct 2023 
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Reverse charge on director services: not applicable to multistate cooperative societies lacking body corporate status under GST
Whether the reverse charge mechanism applies to director remuneration paid by a multistate cooperative society depends on whether the society qualifies as a body corporate under the RCM notification; the notification adopts the Companies Act meaning of body corporate, under which cooperative societies are typically not so classified. Only services supplied by a director in his capacity as director are taxable under the RCM entry, while remuneration paid to a director who is an employee is not a taxable supply under Schedule III and therefore does not attract RCM. (AI Summary)
Whether the reverse charge mechanism applies to director remuneration paid by a multistate cooperative society depends on whether the society qualifies as a body corporate under the RCM notification; the notification adopts the Companies Act meaning of body corporate, under which cooperative societies are typically not so classified. Only services supplied by a director in his capacity as director are taxable under the RCM entry, while remuneration paid to a director who is an employee is not a taxable supply under Schedule III and therefore does not attract RCM. (AI Summary)