If your private limited company earns over ₹20 Lakhs from online advertisements via platforms like Ezoic and Google AdMob, you will need to register for GST. As this is considered an export of service, you won't owe GST, but you will need to furnish a Letter of Undertaking on the GST portal monthly.
07 January 2024
Hi, I have registered a private limited company. I make apps and websites. The websites display ads from a platform named ezoic.com. Ezoic is registered in the USA. The app will display ads from Google AdMob.
A global audience uses my website and apps. So, some users are from India as well. They will see the Ads displayed on my site.
I receive payment in Dollars from Ezoic through Payoneer. Payoneer converts it into INR and deposits it into my account.
My question is, do I need to register for GST if my revenue is more than ₹20 Lakhs? If yes what will be my tax liability? Which GST form will I fill every month?