Gst for providing software service to foreign clients ?

This query is : Resolved

Neha (Querist)
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15 December 2018 Hello Everyone,

I'm running a small software startup and providing software service to clients outside only India. I don't have any indian client to whom I'm providing any software services. Till last financial year, my turnover was less than 20 lac so I was not worried about GST but in current financial year, I'm expecting it to cross by 20 lac.

I'm receiving all payment via foreign bank account and in foreign currency only.

Should I apply for GST number and does it bring GST liability to my company as well ?

Please help me as I have searched internet thoroughly but got mixed response.

I appreciate your responses here!

Thanks
Neha

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 December 2018 Your service will fall under export of service for which GST not applicable on furnishing letter of undertaking in GST portal. Registration( GST number) under GST required for export of service irrespective of turnover.

VINOD KUMAR GUPTA

VINOD KUMAR GUPTA (Expert)
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15 December 2018 GST registration is required.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 December 2018 what you need to do is as follows:

1. Apply for GST registration

2. Submit letter of Undertaking (online process) for supplying services without payment of GST)

3. File the regular GST returns (GST-3B, GSTR-1 etc)

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