Gst registration for llp

Hello ,

I have setup a software services LLP on 19th Feb 2019. Yet to open the bank account. Below are my questions on the GST, please do clarify.

1. Do I need GST registration even if my LLP turnover is less than 20 LAKHS per anum?

2. I may get some amount from US for the services provided by our corporation. But the amount will be less than 20 lakhs. Still I need to do the GST registration?

3. If I receive some amount from US from an individual for providing him some personal services, then GST is applicable? if so how to know that?

4. If I do the GST registration, as the income is less, is it fine if I file the nil GST return every month by my own using online website instead of approaching a CA?

Thanks in advance !

1. Mere local provision of services of less than threshold limit does not require reg under GST.

2. Section 2(6) of IGST Act: Definition of “Export of Services”

“export of services” means the supply of any service when,-

(i) the supplier of service is located in India;

(ii) the recipient of service is located outside India;

(iii) the place of supply of service is outside India;

(iv) the payment for such service has been received by the supplier of service in convertible foreign exchange [or in Indian rupees wherever permitted by the Reserve Bank of India]$1; and

(v) the supplier of service and the recipient of service are not merely establishments of a distinct person in accordance with Explanation 1 in section 8.

If ur services qualify for export, it will be treated as inter state supply so u need to get compulsory registration under sec 24 of CGST Act.

3. If ur services qualify as export, it will be treated as zero rated supply thereafter u have 2 options....file LUT or pay GST n claim refund.These are zero-rated and input taxes paid will be allowed as a refund.I think gst @ 18% is applicable for software.

4. If u get GST registeration and have turnover ,even if less than 20 lacs,u cant file nil return.U have to show ur export and local turnover accordingly.