Gujarat HC: Officials Commuting to Court on Two-Wheelers Required to Wear Helmets  ||  Madras HC: To Invoke PMLA, Mere Possession of Proceeds of Crime Sufficient  ||  Madras HC: To Invoke PMLA, Mere Possession of Proceeds of Crime Sufficient  ||  Bom. HC: Sai Baba Sansthan Trust Eligible for Exemption on Income Tax for Anonymous Donations  ||  Delhi HC: Counting of Votes for DUSU Elections to be Allowed Once Defacement Cleaned Up  ||  Ori. HC: Fact-Finding Inquiry Makes it Permissible to Not Give Opportunity of Hearing to Employee  ||  Gauhati High Court Issues Guidelines for Acceptance of Final Report Form by Courts  ||  MP HC: Can’t Subject Transfer Order to Judicial Review Unless Found to be Influenced by Malafide  ||  MP HC: Discretion of Appointing Authority to Appoint a Person Involved in Offence of Moral Turpitude  ||  Gau. HC Issues Guidelines Regarding Release of Seized Money in Cyber Frauds or Crimes    

AAR, Karnataka: No GST on Full-Time Directors’ Salary - (11 May 2020)

GOODS AND SERVICES TAX

Authority of Advance Ruling, Karnataka has clarified that if the director is an employee of the company, there will be no incidence of Goods and Services Tax (GST). However, if the director is a non-executive director and provides his or her services to the company, then the remuneration paid is subject to GST under the ‘reverse-charge’ mechanism.

Tags : AUTHORITY OF ADVANCE RULING   GST ON FULL-TIME DIRECTORS’ SALARY  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved