12 March 2018
What kind of input tax can be availed on export of software to foreign country?Again some PayPal fee has been deducted from the gross amount made in USD dollar.Shall we pay igst @18% on the net amount that we received in foreign exchange convertible price after reducing PayPal fee.If the tax liability is 18% on net amount received ,is there any ITC that we can avail in export of software?
12 March 2018
Furnish letter of undertaking in GST portal no need to pay any GST on export of software. Refund can be claimed GST paid on inputs related to export (rent, phone bill etc).
12 March 2018
Sir ,LUT is to be filed before commencement of export of service.In this case export of service has been completed and payment also received.Can we file LUT now to avoid igst?
CAclubindia
