07 March 2023
We are running an overseas educational consultancy.Our turnover is less than 20 lakhs.We have some tie up with Universities where they pay us commission in foreign exchange to our bank. As we do not represent all Universities we place some students through other consultants in India and overseas consultants where they share their commission.Many pay us in foreign currency. Some deduct GST and many do not deduct. We some times send them invoice.We are told if we raise invoice then gst is a must. Would you please advise
CAclubindia
