Export of service
This query is : Resolved
SAMPATH KUMAR L
(Querist)
14 November 2017
Sir
My client, individual is planning to do software development services to a foreign company. He will get the consideration on monthly basis in foreign currency. The annual receipt expect to cross 20 lac. Should he have to take registration in gst???
My client, individual is planning to do software development services to a foreign company. He will get the consideration on monthly basis in foreign currency. The annual receipt expect to cross 20 lac. Should he have to take registration in gst???
CA R SEETHARAMAN
(Expert)
14 November 2017
GST not applicable on export of service but registration is required to claim refund of input tax and for furnishing letter of undertaking.
CA Altamush Zafar
(Expert)
15 November 2017
Yes registration should be taken
SAMPATH KUMAR L
(Querist)
15 November 2017
He is an individual & he not have any ITC and also planned to not claim any ITC in future also. Still registration compulsory??. Also pls advice is he liable to pay GST . Some body advising he has to pay GST & go for refund. He is planning to do 100% export of service
CA R SEETHARAMAN
(Expert)
15 November 2017
Furnish letter of undertaking then no need to pay any GST. But registration is required for exports.
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