I do export of service and I am not claiming any ITC. Should I register for GST once my turnover threshold exceeds the limit?
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Is GST Registration mandaroty if in only do export of service?
Replies (8)
Quick Summary
Yes. Mandatory...
If u take registration,u can available following main facilities for furtherenc supply in the business field ,such as-
E invoice
E way Bill
Refund of ITC
E invoice
E way Bill
Refund of ITC
Thank you for the reply.
Is there any way registration is not required if I am not liable for paying GST?
What if not registered on time. Will there be a penalty for late registration?
How will be the penalty calculated since it cannot be any percent of the GST because of the Zero-rated supply?
My Income comes under the OIDAR service. Should I still be mandatory to register if all my clients are outside India (Export of service)
| Originally posted by : Ajju Dev | ||
 |
My Income comes under the OIDAR service. Should I still be mandatory to register if all my clients are outside India (Export of service) |  |
Export of service is not exempt from GST. It is liable to tax under GST.
The Export of service can be done without payment of tax under cover of LUT so in case of none registration you would be liable for penalty
All supply made by you is liable to tax and you may be charged interest along with the tax due on the same.
Hire a professional consultant to avoid litigation and heavy penalty in future.
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