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Gst on 100% software export firm

Software 169 views 3 replies

Amit

Partner

88 Points Joined October 2012

Hello,

The firm is 100% Software export Unit which is Zero rated with Turnover of 50+ Lakh.

# Do We need to registerd under GST

IF Registered

# Do we need to file Nil return and claim input ?

# Do we need to pay tax and then clain it with other and claim input ?

# For any service from third party if he is not registerd under GST (due to less than 20 Lacs). Do we need to pay its GST ??

# What is Reverse mechanism, how it works ?

Thanks in Advance,

Replies (3)

CA. Punith Harish

PRACTICING CHARTERED ACCOUNTANT

445 Points Joined April 2012

if your turnover exceeds 20 lakh registration is must turnover including exports also so registration is must in your case.

you will get the input tax paid on input service and goods.

after taking registration filing is mandatory no other option..

RCM is also applicable ..