Domain registration Godaddy
I want to buy a domain name for my blog from godaddy. However, since it is a foreign company is sec.195 applicable?
Is gst also applicable as it will to amount to import of services.
Since it is a new blog, the turnover as of now is zero.
Could you let me know about the gst and income tax applicability for domain registration?
Thank you in advance.
Deduct 10% TDS under section 195.
GST under RCM under import of service payable.
If I buy the domain from an Indian Company and pay 18% gst, I am not required to deduct tds and reverse charge mechanism also will not be applicable right?
Correct me if I am wrong.