Dear Sir/s,
This is with regards to the implementation of GST in India and its implications on our business, we need certain clarifications:
1) Whether a company engaged in export of services (Consulting) require GST Registration? We bill our clients in foreign currencies only. Our service include providing market research/information report in electronic version, identification of partner (Indian cos) for foreign companies in India etc. We have IEC No & PAN of our partnership firm. We do not engage in any kind of trading, procurement, selling or promotions of any goods.
2) If yes, is there any revenue limit post which it's mandatory?
3) In case we get some order from Indian customer which shall be mere 2-3% of overall revenue and in tunes of less than 5-8 Lakhs, will we need GST registration to cater to Indian clients or if we do not have GST that means we can not cater to Indian clients?
Request you to revert at your earliest convenience.
Look forward to your response and thanks in anticipation.
Best Regards,
R. K.
CAclubindia
