https://www.taxtmi.com/circulars?id=7310 Remunerations paid by a company to its Managing Directors or Directors, even if labelled as commissions, are not commissions within the scope of Business Auxiliary Service and are not chargeable to service tax. Amounts paid for performance of board or managerial functions are not payments for Management Consultancy Service; however, separately compensated advisory or consultancy services provided by directors are taxable as management consultancy. en-us Fri, 31 Jul 2009 00:00:00 +0530 Fri, 06 Jan 2012 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7310 Remunerations paid by a company to its Managing Directors or Directors, even if labelled as commissions, are not commissions within the scope of Business Auxiliary Service and are not chargeable to service tax. Amounts paid for performance of board or managerial functions are not payments for Management Consultancy Service; however, separately compensated advisory or consultancy services provided by directors are taxable as management consultancy. Circulars Service Tax Fri, 31 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7310