Hello all,
One of the client is planning to do freelancer work and take GST Registration. He will get the amount in USD to his account. What will be the tax amount? Can he opt for composition scheme?
2 Replies
Elisa
(na)
(1020 Points)
Replied 12 January 2023
If your client is planning to do freelancer work and take GST registration, they may be eligible to opt for the composition scheme, provided that their estimated annual turnover from freelancing does not exceed the threshold of Rs. 50 lakhs.
sabyasachi mukherjee
(27795 Points)
Replied 14 January 2023
Gross receipts of remuneration and turnover does not exceed rs.50 lacs.
Sec 44ADA
Sec 44ADA
Recent Topics
- Need help with Exclusion Ratio in Taxation on Annu
- GST TURNOVER not seen in 26 AS
- Clarification on Rectification of RCM Invoices in
- Excess of ITC refund
- Business Income or Other Income Conundrum
- Individual owned commercial property
- Regarding Eb bill
- IT on mutual fund dividend post retirement
- Medical expense of parents
- Amnesty Scheme for Kerala Flood Cess
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
