GST TAX
This query is : Resolved
sivasankar
(Querist)
06 December 2019
Respected Sir/Madam,
my client is doing software services to US client, so we have taken GST registration and we are filing NIL gst returns monthly. recently my client has received 3 lakhs through paypal and later he was transferred money to his bank account which is mentioned in GST Registration. upto this date we have file nil gst returns. now my doubt is
1. whether we need to pay gst @18% on 3 lakhs or not?
2. where to show this amount in gst return if gst not applicable?
my client is doing software services to US client, so we have taken GST registration and we are filing NIL gst returns monthly. recently my client has received 3 lakhs through paypal and later he was transferred money to his bank account which is mentioned in GST Registration. upto this date we have file nil gst returns. now my doubt is
1. whether we need to pay gst @18% on 3 lakhs or not?
2. where to show this amount in gst return if gst not applicable?
CA Anita Bhadra
(Expert)
06 December 2019
You need not to pay GST on export of services
Show it under the heading - zero rated supply , in your GST Return
Show it under the heading - zero rated supply , in your GST Return
sivasankar
(Querist)
12 December 2019
thanks for the reply madam,
1. whether i need to take LUT or Not?
2. In GSTR-1 can i show this income as nil rated supply or in exports invoices?
1. whether i need to take LUT or Not?
2. In GSTR-1 can i show this income as nil rated supply or in exports invoices?
CA Anita Bhadra
(Expert)
12 December 2019
GSTR 1 , you will show it under zero rated - export invoices
LUT is not mandatory
LUT is not mandatory
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