Easy Office
LCI Learning

Dollar earnings for consultation

This query is : Resolved 

07 July 2022 I am an individual who has an opportunity to offer technical consultancy to Vietnam company and earn fees in USD. The amount per month will be less than 500 USD. What procedures are registrations are required?

07 July 2022 If your annual aggregate turnover is less than Rs 20 Lakhs then there is no need for registration in GST. If it exceeds the limit then GST registration is required. For more detailed clarification you can mail me.

07 July 2022 Thanks for the reply but it does not address my specific query. Even though the earning is well below GST limit, since it is forex, is there any special provision or procedure, forms to file to earn forex?


07 July 2022 Even if the earning is forex for your case registration limit still applicable.

07 July 2022 Thanks for clarification and I believe that no ether registration nor monthly returns are needed

08 July 2022 Yes not required.......



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query