Is it mandatory to register gst for export of service above 30 lakh.
bably kumari (16 Points)
30 June 2021Is it mandatory to register gst for export of service above 30 lakh.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 30 June 2021
bably kumari
(16 Points)
Replied 30 June 2021
Originally posted by : bably kumari | ||
But its export of service not any business in india |
Shankar Sharma
(510 Points)
Replied 30 June 2021
GST registration required for above 20 lakhs turn over in an FY. However since it is export, it may be tax free. File nil returns.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 30 June 2021
Where are you located?
In India or outside India?
Shankar Sharma
(510 Points)
Replied 30 June 2021
Originally posted by : Shankar Sharma | ||
GST registration required for above 20 lakhs turn over in an FY. However since it is export, it may be tax free. File nil returns. |
Not Nil return. Show turn over under exempted
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 30 June 2021
Therefore your business is getting conducted from India and hence you will need registration for exporting services having turnover of more than 20 lakhs.