https://www.taxtmi.com/article/detailed?id=1918 Service tax on director services is payable by the company under the reverse charge mechanism and includes fees, commissions, bonuses, company car use, share based benefits, travel reimbursements and similar remuneration; reimbursements may be excluded if they meet the valuation rules and the pure agent criteria. Payments that do not constitute director services-interest on loans from directors, dividends and separate professional fees for non director services-are not taxable. Remuneration earned under employment by managing or whole time directors falls outside service tax, whereas non executive remuneration including sitting fees is generally taxable. en-us Wed, 10 Oct 2012 09:53:43 +0530 Wed, 10 Oct 2012 09:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1918 Service tax on director services is payable by the company under the reverse charge mechanism and includes fees, commissions, bonuses, company car use, share based benefits, travel reimbursements and similar remuneration; reimbursements may be excluded if they meet the valuation rules and the pure agent criteria. Payments that do not constitute director services-interest on loans from directors, dividends and separate professional fees for non director services-are not taxable. Remuneration earned under employment by managing or whole time directors falls outside service tax, whereas non executive remuneration including sitting fees is generally taxable. Articles Service Tax Wed, 10 Oct 2012 09:53:43 +0530 https://www.taxtmi.com/article/detailed?id=1918