Hi, can I claim GST refund in a situation where I buy .com domains (inclusive of 18% GST) and make websites to earn revenue? I am not re-selling these domains/websites to anyone but this is my mode of income from other sources.
Hi, can I claim GST refund in a situation where I buy .com domains (inclusive of 18% GST) and make websites to earn revenue? I am not re-selling these domains/websites to anyone but this is my mode of income from other sources.
So, what's the relation between intangible assets vs GST? And, true this is my inward supply but there is no direct as such outward supply. I pay income tax on the revenues generated from these websites for which domain purchase is like the raw material input for production.
Ok thanks for the info but I wanted to know like is it that "intangible assets" cannot be enabled for GST?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
