VATupdate

Rajasthan AAR rules that consideration paid to directors of a company will attract GST under RCM in the hands of the company

Recently, the Authority for Advance Ruling (AAR) in the State of Rajasthan has ruled that consideration paid to the directors (in the form of salary and commission) by the applicant company will attract goods and services tax (GST) under reverse charge mechanism (RCM).

Source: michaelamerz.org

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