Is GST payable on directors’ remuneration?

Decision taken by the AAR in the Clay Craft case suggest that the law is moving dangerously closer to taxing some employer-employee transactions 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…