31 December 2017
Person involved in freelance business. His work is like this.. He gets work from foreign and he again sells work to indian freelancers. The payment he receives convertible exchange and he transfers the same to indian freelancers at agreed rate. Turnover FY 15-16 =1600000 . FY 16-17=4400000 . FY 17-18=4500000 ESTIMATIN and his gross income is below 1000000 or so. Now my question , the business he is doing comes under export services? And liable for service tax registration previously? if not, his position is like agent or intermediary? If he is intermediary is he liable for service tax previously or now GST ! below limit !!( his revenue is below 1000000 or 2000000under gst ) He didn't get any registration till now. He is doing the bus. Under the trade name WEHIRE CONSULTANCIES (not registered) in individual status. Please elaborate on this and help me in this regard. Thank you
01 January 2018
Apparently, the person was liable for registration under ST and now liable for registration under GST. for detailed reply please mail the copy of contracts with foreign service recipient and with the Indian service providers with copy of bills raised.
01 January 2018
Thanks for your concern! No bills raised and its a website www.upwork.com , from which the client accepts the work at agreed rate. It s like an online service that when we submit the assignment , they will transfer the money in convertble currency.