Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Confusion in filing GST return for exporter of service

481 views

Save Share

Join Us Follow Us Add as Source

Rahul b

n/a

67 Points Posted on 07 July 2020

Hello Everyone,

I am a exporter of services ( a web developer). I export my services to foreign clients and get income in Dollars through paypal.

Paypal issues me invoice monthly a sample is given below:

This invoice is for services of paypal to me and it is paying IGST for it to Govt.

So, the question is, this invoice is for paypal services and it nothing to do with my export services, correct?

So, I need to fill GSTR 3b with payment at 18% of monthly earning? or what paypal paid is enough and I have to file nil return?

please help me.

thanks

Replies (5)

Quick Summary

A service exporter receiving payments in foreign currency via PayPal is seeking clarification on filing their GST return. They are unsure if the IGST charged by PayPal on their services constitutes their own GST liability or if they should file a nil return. The discussion also touches upon the necessity of GST registration for exporters and how to correctly account for PayPal's charges.

KRISSHNAN KP

1708 Points Posted on 07 July 2020

You may file with GST Portal

rahul firemike

94 Points Posted on 07 July 2020

Rahul you have to get a gst registration at first after that you have to give your GSTIN to paypal in that PayPal invoice they will mention your GSTIN after that you can claim the tax (igst) which is charged by the PayPal

Rahul b

n/a

67 Points Posted on 08 July 2020

Can anyone give proper advice please. what to do?

rahul firemike

94 Points Posted on 08 July 2020

Yes sir you can whatsapp me on 8124545150

CA Shubhi Khandelwal

Chartered Accountant

2141 Points Posted on 08 July 2020

As you are an exporter of services and receive income in foreign currency, you need to apply for Registration on the GST Portal and a letter of undertaking and then raise monthly invoices of the services rendered. As far as the Invoice from pay pal is concerned, could you kindly provide the nature of such expenses.