GST ON INCENTIVE PAID TO DIRECTOR
Query (Issue) Started By: – knr varma Dated:- 31-1-2018 Last Reply Date:- 2-2-2018 Goods and Services Tax – GST
Got 13 Replies
GST
ABC COMPANY HAVING TWO DIRECTORS,ONE DIRECTOR MARKETING THEIR COMPANY(abc) PRODUCTS AND GETTING INCENTIVE YEARLY BASIS.
\nABOVE CASE COMPANY HAS LIABLE TO PAY GST OR NOT ?
\nTHANKS IN ADVANCE
\nReply By Himansu Sekhar:
\nThe Reply:
\nIf the Director is an employee, incentives carry the employer & employee relationship. No GST
\nReply By knr varma:
\nThe Reply:
\nDIRECTOR WORKING FOR COMPANY AS A MARKETING HEAD , BUT COMPANY PROVIDING INCENTIVE FOR DIRECTOR ONLY , COMPANY NOT PROVIDING INCENTIVE FOR STAFF ,
\nReply By Ganeshan Kalyani:
\nThe Reply:
\nGST is not applicable on the <\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n 192 deals with salary payments. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST ON INCENTIVE PAID TO DIRECTOR Query (Issue) Started By: – knr varma Dated:- 31-1-2018 Last Reply Date:- 2-2-2018 Goods and Services Tax – GSTGot 13 RepliesGSTABC COMPANY HAVING TWO DIRECTORS,ONE DIRECTOR MARKETING THEIR COMPANY(abc) PRODUCTS AND GETTING INCENTIVE YEARLY BASIS. ABOVE CASE COMPANY HAS LIABLE TO PAY GST OR NOT ? THANKS IN ADVANCE … Continue reading “GST ON INCENTIVE PAID TO DIRECTOR”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10285","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10285"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10285\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nReply By KASTURI SETHI:
\nThe Reply:
\nSh.Himansu Ji,
\n Now you have cemented your view.
\nReply By Himansu Sekhar:
\nThe Reply:
\nthank you sir
\nReply By Alkesh Jani:
\nThe Reply:
\nSir, thanks all for sharing such a good knowledge. So, if the Director is getting Remuneration and TDS is deducted under Section 194, then incentives is also to be add to service provided by the Director to the Company and if Salary is paid under Section 192 then it shall be treated as neither supply of good or service as stated in Schedule III of CGST Act, 2017. This is what I understood. Please correct me, if mistaken.
\nThanks again to all
\nReply By MARIAPPAN GOVINDARAJAN:
\nThe Reply:
\nA brief discussion on the issue.
\nReply By Himansu <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n