banner_ad

GST and Taxation in India for Foreign Income

Tax queries 175 views 3 replies

Hi ,

I am an individual Consultant planning to provide software development services to a company based in Thailand. There is a contract between the company and myself and a monthly invoice rate is agreed. Since I am new to this, please clarify the below questions :

1. Do I need to have a GST?

2. For what amount I should raise in my monthly invoice? Or what will be percentage of GST?

3. Company will be deducting local taxes as per Thailand law , so how much will be my tax in India?

4. Do I end up in paying taxes in both countries? 

Thanks,

Vinod

 

 

Replies (3)
You will be needing gst if your turnover crosses 20 lakhs. Invoice will be raised as per services provided. For double taxation refer Dtaa between Thailand and india.
Engage a professional for yourself to look after all this since you are new to industry.
1. If services value exceeds 20 lakhs rupees then GST registration is required.

2. Invoices will be raised as per the nature of services you provided.

3. It will be treated as foreign income so DTAA is applicable.

4. DTAA is applicable

Thanks for the clarification


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior execiutive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details