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?
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FREELANCER GST REGISTRATION
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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.
Gross receipts of remuneration and turnover does not exceed rs.50 lacs.
Sec 44ADA
Sec 44ADA
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