Go AD-Free with CAclubindia Pro with Daily WhatsApp Updates. Subscribe Now!

GST ON YOUTUBER INCOME

Sandeep Modh (10 Points)

07 April 2021

is it youtuber Income is Export of Services?

Gst @ 0%?

Income applicable u/s 44ADA Professional & Technician?

Reply
Follow
Share

6 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 07 April 2021

Yes YouTube income should be considered as professional income

Upgrade to CAclubindia Pro. Subscribe Now!

Sandeep Modh (10 Points)
Replied 07 April 2021

What about GST Applicability?

CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 07 April 2021

18% GST is applicable on YouTube income.

Whether you have an youtube channel? Mention the name of the channel

Sandeep Modh (10 Points)
Replied 07 April 2021

Channel Name: Telusko

Ankit Neema (2742 Points)
Replied 10 April 2021

If you have viewer from outside india, then that will be considered as export of service.
applicability of section 44ada is being arguable, as there is a difference of opinion

Upgrade to CAclubindia Pro. Subscribe Now!

CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 10 April 2021

You can opt for section 44Ad of income Tax act for Youtube, blogging or adsense earning upto 2 crore. For more than 2 crore of gross earning, you have to pay tax after getting account audited.

2. If you are going for ITR-3 Income from Business & Profession, audit by CA will be applicable for Income exceeding 1 crore. This become exempt upto 2 crore if we are opting for 44AD.

In simple words, even you have a turnover of upto 2 crore, if can opt for 44AD, you don’t have to maintain books of account and no need to follow audit procedure. Just file your ITR on time.