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GST compliance for practicing CAs

Sunil Sharma (Associate Vice President) (60 Points)

22 May 2018

What is the GST rate for CA firm exporting services from India to other country. Will such export revenues be exempt from GST. Will such firm require to register under GST and file any returns Regards CA Sunil Sharma 9765410625

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6 Replies

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 22 May 2018

GST rate @ 18%..

And please go to refer this link

https://cleartax.in/s/impact-of-gst-on-export-of-goods-and-services

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Vinod Babu (24191 Points)
Replied 22 May 2018

Sir does igst is applicable

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 22 May 2018

Yes , Export without LUT, IGST is to charge.

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 22 May 2018

Yes... IGST applicable @ 18% for Export of Service without LUT

CA S Praveen Kumar Reddy (Chartered Accountant) (2195 Points)
Replied 22 May 2018

Yes, need to pay IGST @ 18% or go with LUT or BOND

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Sunil Sharma (Associate Vice President) (60 Points)
Replied 22 May 2018

Thanks all for the replies. So what is the best course. How do I go about complying with the LUT to make these service exports tax free as I will be earning in foreign exchange and invoicing a foreign company.