Gst on payments received via paypal for online services?

in this case pos is outside india. it is an export of service thus exempt

Mam, I have same case, I provide data entry and social media management services to foriegn clients and receive money in USD through PayPal. My annual turnover is less than 10 lac. My firm was registered in service tax previously, Should i need to migrate it to GST? Or should I surrender my service tax number?

Please clear my doubt.

TIA
 

HARSHIT U HAVE TO MANDATORILY MIGRATE TO MAKE ANY INTER STATE SUPPLY

Thanks for your reply mam, but I am prviding services out of India, so please guide me in this case.

Export of services outside India is deemed as Inter state supply and covered under IGST. So you will need to compulsarily register for GST even if your turnover is less than 20 Lakhs. But export of services is exmpt and you can claim refund for the tax or provide services under bond or letter of undertaking without paying tax.

the payment for such service has been received by the supplier of service in convertible foreign exchange;

What about this clause. Does PayPal payment fit this?

I fit into same condition where I receive payments from Paypal in foreign exchange for the goods exported and converted to inr while while settling into my bank account. Now is IGST applicable on such payments received? and what would be the rate as I see that export comes under zero-rated supply.

Same case , IT Agency here (Startup ) What if the export exceeds than 20 Lakhs ? will I need to pay 18% on every month's sale ?

In case of exports, which is an inter-state supply. There is no such excemption limit of 20lakhs. GST needs to be submitted for every rupee earned. So even if you make Rs. 1000 in a year using exports, you need to register and submit GST

Service export are treated as inter-stat which comes under compulsory registration.

Hi,

Exemption from payment of tax on export of service is subject to the condition that the consideration is received in foreign exchange directly in the account of the service provider and proof of such receipt is FIRC issued by Bank. For export the FRC i.e., foreign currency realisation certificate is required. 

Hence would you please suggest whether the payment received through paypal or freelancer will come under this category or not? if not then why the gst will not be levied on bill raised through paypal or freelancer for export of services.

Thanks

HI, 

Weather Export Invoice raised or not, if yes against which client as if many no. of clients

pls advise

PayPal issues FIRC on demand which can suffice as proof of receipt of forex.

Refer https://www.paypal.com/in/webapps/mpp/firc-certificate