Eye Share: Taxability of Director Payments under GST in light of the recent Rajasthan AAR
The Japanese proverb “Aite no nai kenka wa denkinu” translates as “One cannot quarrel without an opponent”. As long as tax departments are there, most taxpayers in India will not rue the lack of an opponent to quarrel with. This is becoming all the more apparent if one goes by some of the decisions given by the AAR under GST. Recently Rajasthan AAR in case of Clay Craft India Pvt. Ltd. [TS-218-AAR-2020-NT] has given ruling that, GST is payable under RCM...