Services Supplied by Director of Company to Body Corporate/Company in his Personal Capacity not taxable under RCM: CBIC clarifies [Read Circular]

By Navasree A.M - On August 1, 2023 5:12 pm - 2 mins read
Services - Services Supplied by Director of Company - Director of Company - Body Corporate - Company in his Personal Capacity - taxscan

The Ministry of Finance has issued the clarification regarding the taxability of services supplied by the Director of a Company to the Body Corporate/Company in his personal capacity  such as renting of immovable property..etc under Reverse Charge Mechanism. The issue was considered by the 50th GST Council meeting held on 11th july 2023. The Circular…

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