Service Tax

Yogesh Sachdeva (Querist) 13 October 2008 This query is : Resolved
Dear Sir(s),

Director's remuneration is paid in the form of :-

a) Sitting Fee

b) Fixed monthly Remuneration, and

b) Commission.

The directors do not raise any bill for such remuneration and the remuneration is calculated by the company under permissible limits given as per company law. Is there any service tax liability on the above under the Management or Business Consultants Services / Business Auxiliary Services?

Is the treatment same in case of Nominee / Independent Directors?

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Guest (Expert) 14 October 2008
No it is liable for service tax.

Yogesh Sachdeva (Querist) 15 October 2008
Dear Sir,

Thanks for the prompt reply.

Could you please brief about the charging sections (whether Management or Business Consultants Services or under Business Auxiliary Services)

Further, please also provide some related judgments, if any.

Thanks & regards,

Yogesh Sachdeva

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