Originally posted by : CA Puja Sharma |
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1. You have to report all the sales in your GST return, including your export sales which are 80% in your case. In the case of export of services, you have to issue tax invoices with or without GST. If you have applied for LUT, you can give a Tax invoice without GST and claim the refund of ITC. If you have not used LUT, you must charge GST from the customers.
2. Issue a credit note against every sales return. Credit Notes have to be mentioned in GSTR 1.
3. RCM will apply to all imports of services. You have to pay RCM against all the data centre bills and claim ITC of the same in your GSTR 3B.
4. GST registration is required if your aggregate annual turnover(on the same PAN) during the FY exceeds Rs. 20 Lakhs. |
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Hello,
Thank you for your response. A little more clarification is needed if you can help me.
1) I have to import services like renting servers from an International data center monthly. As per the law in GST, All international companies dealing with Indian customers have to file IGST in case of the registered customer. Okay! I talked to my data center billing team and they say, they are not interested in filing GST nor they are governed by Indian laws, use our services on your own. How do I claim input credit in such a case? What to do in such a case?
2) In the case of export of services, I have many international customers whose invoices are generated in USD or other international currencies and make payments through gateways like Paypal, stripe, etc. The customer makes payment in USD to PayPal and the payouts are converted & settled in INR to an Indian bank account. Now, as per the law for claiming zero-rated support or claiming the transaction as an import of services, the currency of the payment should be in international currency. In my scenario the payment was collected in USD and settled in INR, does this count as Import of service?
3) Can an individual/ proprietor register under a Letter of Understanding if he deals with the import/ export of OIDAR services?