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IT firm need to register under gst
Hello sir, please guide me for --my friend is running an IT firm in Indore which is registered under local authorities. He's a sole proprietor and has a turnover of above 20 lakhs. But all his services are exported outside India. So he has to register for GST. Right?
Replies (2)
GST registration needs to be taken for such persons whose aggregate turnover exceeds 20 Lakhs (North eastern states - 10lakhs)
The term aggregate turnover is defined under section 2(6) and it includes export of goods / services.
Hence GST registration needs to be taken.
Thank you so much Sir, for reply.
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