Circular 140/10/2020 - Central Tax

Date: June 10, 2020

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Subject

Clarification in respect of levy of GST on Director’s Remuneration

Content

Various references have been received from trade and industry seeking clarification whether the GST is leviable on Director‟s remuneration paid by companies to their directors. Doubts have been raised as to whether the remuneration paid by companies to their directors falls under the ambit of entry in Schedule III of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the CGST…

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