https://www.taxtmi.com/article/detailed?id=9250 Whether directors' remuneration falls under the Reverse Charge Mechanism depends on the nature of the engagement: remuneration paid to whole time/executive directors that is declared as employment income (and disclosed in MR 1) is excluded from GST as employment consideration under Schedule III, whereas remuneration paid to non executive directors constitutes taxable director services and is liable to tax under RCM; divergent advance rulings have produced uncertainty, prompting a call for a clarificatory circular or amendment to ensure uniform treatment. en-us Tue, 09 Jun 2020 10:11:28 +0530 Tue, 09 Jun 2020 10:11:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9250 Whether directors' remuneration falls under the Reverse Charge Mechanism depends on the nature of the engagement: remuneration paid to whole time/executive directors that is declared as employment income (and disclosed in MR 1) is excluded from GST as employment consideration under Schedule III, whereas remuneration paid to non executive directors constitutes taxable director services and is liable to tax under RCM; divergent advance rulings have produced uncertainty, prompting a call for a clarificatory circular or amendment to ensure uniform treatment. Articles Goods and Services Tax - GST Tue, 09 Jun 2020 10:11:28 +0530 https://www.taxtmi.com/article/detailed?id=9250