Service Tax on Directors Commission, Service Tax

[P S SATYA NARAYANA]

Dear Sir,

Whether Servvice Tax paid on Directors Commission / Sitting Fee under Reverse Charge can be taken CENVAT Credit.  If yes, is there any Departmental reference (Notification etc)  on this

thanks

P S Satyanarayana

 

Posts / Replies

[Pradeep Khatri]

Yes. Services rendered by the directors to the company should be considered as input services and Service Tax paid by the company should be eligible for Cenvat credit subject to Cenvat Credit Rule, 2004.

You would have to refer CENVAT credit Rules in this regard.

[P S SATYA NARAYANA]

THANK YOU, Sir