GST on remuneration to Directors- AAAR Rajasthan clarifies

In re Clay Craft (India) Pvt. Ltd (GST AAAR Rajasthan) AAAR Rajasthan held that remuneration, if any, paid by the appellant to the independent directors or those directors who are not the employee of the appellant is taxable in hands of the appellant, on reverse charge basis. Further, the part of Director’s remuneration which are declared as Salaries in the books of the appellant and subjected to TDS under Section 192 of the IT Act, are not taxable being consideration for services by an employee to the employer in the course of or in relation to his employment in terms of Schedule III of...