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GST Registration Query

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Amish Maknojia

Student

348 Points Posted on 28 March 2021

Hello Experts
One of the clients is in the profession of creating or compiling videos for a foreign company and he receives payment in his account from a foreign. His total receipts during the year are 45 lakhs and there are no bills or invoices raised, is he liable for GST registration?

Replies (8)

Quick Summary

A client earning 45 lakhs annually by creating videos for a foreign company, with payments received from abroad, is seeking advice on GST registration. The consensus is that if their turnover exceeds the 20 lakh threshold, registration is mandatory, even for zero-rated supplies like service exports. While exports are zero-rated, specific procedures like paying IGST and claiming a refund, or exporting via LUT under certain conditions, must be followed. There was also a brief discussion on the requirement of an Import Export Code (IEC) for service exports, which is generally not needed unless availing benefits under the Foreign Trade Policy.

prasad Nilugal

2353 Points Posted on 28 March 2021

Look like this is the case of Export of service , if your turnover exceed 20 lac , registration is required . Even though Export of service is Zero rated supply (No GST ) , you have to follow all procdure , for i.e you can export service by paying IGST and claim refund or Export through LUT , Subject to conditions .