No Service Tax Liability on Remuneration or Commission Paid to Directors of Companies!

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There was controversy regarding – (i) applicability of service tax under ‘Business Auxiliary service’ on commission paid to Managing Director / Directors (whole time, or Independent) by the company, (ii) applicability of service tax on Independent Directors who are part of the Board of Directors under ‘Management Consultant service’. CBEC now issued circular to clarify…

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