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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
