https://www.taxtmi.com/forum/issue?id=118788 Whether the reverse charge mechanism applies to director remuneration paid by a multistate cooperative society depends on whether the society qualifies as a body corporate under the RCM notification; the notification adopts the Companies Act meaning of body corporate, under which cooperative societies are typically not so classified. Only services supplied by a director in his capacity as director are taxable under the RCM entry, while remuneration paid to a director who is an employee is not a taxable supply under Schedule III and therefore does not attract RCM. en-us Wed, 04 Oct 2023 16:32:23 +0530 Thu, 23 Jan 2025 14:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118788 Whether the reverse charge mechanism applies to director remuneration paid by a multistate cooperative society depends on whether the society qualifies as a body corporate under the RCM notification; the notification adopts the Companies Act meaning of body corporate, under which cooperative societies are typically not so classified. Only services supplied by a director in his capacity as director are taxable under the RCM entry, while remuneration paid to a director who is an employee is not a taxable supply under Schedule III and therefore does not attract RCM. Discussion-Forum GST Wed, 04 Oct 2023 16:32:23 +0530 https://www.taxtmi.com/forum/issue?id=118788