I am running a website where i sell software license keys, file hosting premium accounts and gift card, so how should i apply GST charges while selling these and how to file GST.
Suppose if i buy license from Software Company/ FileHosting Company or Gift Cards at Rs.1000 and sell at Rs1300/-, so GST should be applied on Rs.1300/- or only Rs.300/- as its my profit?
Please help me briefly, i am totally confused.
at how much rate?
i want to clear one thing that i buy from software company which are abroad not in India, so i resale in India.
Can you explain we whole process. If suppose if i have to pay GST on 1300 @ rate 18% total price would be too high customers as well as me. I also don't get 18% from that software sale.
but that software company from where i buy is not based in India, it would be mostly abroad.
CAclubindia
