https://www.taxtmi.com/forum/issue?id=4918 CENVAT credit on director sitting fees is claimable if those fees qualify as an eligible input service for the company and service tax has been paid by the recipient. Under the reverse charge mechanism the company must pay tax in cash and may claim credit thereafter on the basis of challan, invoice or bill. Availability is negated where outward supplies are exempt. Classification of directors' services (personal/employee benefit, legal/consultancy, or input service) and the director's capacity are decisive for entitlement and commonly contested in audits. en-us Wed, 07 Nov 2012 16:47:55 +0530 Thu, 23 Jan 2025 15:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4918 CENVAT credit on director sitting fees is claimable if those fees qualify as an eligible input service for the company and service tax has been paid by the recipient. Under the reverse charge mechanism the company must pay tax in cash and may claim credit thereafter on the basis of challan, invoice or bill. Availability is negated where outward supplies are exempt. Classification of directors' services (personal/employee benefit, legal/consultancy, or input service) and the director's capacity are decisive for entitlement and commonly contested in audits. Discussion-Forum Service Tax Wed, 07 Nov 2012 16:47:55 +0530 https://www.taxtmi.com/forum/issue?id=4918