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    <title>Service tax liability for the Director&#039;s remuneration now on the companies.</title>
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    <description>Companies must pay service tax under reverse charge on all remuneration to directors (money or otherwise), the recipient-company bearing 100% of the tax and the usual threshold exemption not applying; service tax paid by the company is treated as part of remuneration and may affect Companies Act remuneration limits, trading companies will incur cost while eligible non trading companies may claim input service credit, and the amendment is effective from its gazette publication leaving an earlier short period where directors remained directly liable.</description>
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    <pubDate>Fri, 17 Aug 2012 17:50:52 +0530</pubDate>
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      <link>https://www.taxtmi.com/article/detailed?id=1859</link>
      <description>Companies must pay service tax under reverse charge on all remuneration to directors (money or otherwise), the recipient-company bearing 100% of the tax and the usual threshold exemption not applying; service tax paid by the company is treated as part of remuneration and may affect Companies Act remuneration limits, trading companies will incur cost while eligible non trading companies may claim input service credit, and the amendment is effective from its gazette publication leaving an earlier short period where directors remained directly liable.</description>
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