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RCM on Director Sitting Fees, Goods and Services Tax - GST

Issue Id: - 117486
Dated: 12-9-2021
By:- PrateekKumar Khemka
RCM on Director Sitting Fees

  • Contents

One of my client who is a Govt Company with no revenue holding GSTIN as deductor as on date is paying Director Sitting Fees to Independent Director wherein TDS is Deducted u/s 194J.

My query is in regard to applicability of RCM on such Director Sitting fees paid by the Company?If your answer to above query is yes, shall the company obtain GST Registration just for the purpose of discharging GST Liability?

Thanks in Advance

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Posts / Replies

Showing Replies 1 to 3 of 3 Records

1 Dated: 13-9-2021
By:- KASTURI SETHI

Answer to both queries is yes.

Board's FAQ dated 7.8.17

(16) Whether payment of sitting fees to directors covered in the provisions of reverse charge under director services.

Reply : Yes, it is covered. Please see S. No. 6 of Table to Notification No. 13/2017-Central Tax (Rate), dated 28-6-2017.


2 Dated: 14-9-2021
By:- Shilpi Jain

Can I know the reason why the government company is not having any regular registration?


3 Dated: 16-9-2021
By:- Ganeshan Kalyani

Yes, GST is payable by the company on director sitting fees. And for paying GST, the company has to take GST registration number.


1

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