• GST for freelancer

I am working as freelancer software developer and my client is outside India.I am giving him technical support and do software development. He is sending me money through wire transfer (US dollars). I am working for him full time and not for any other as of now. Do i need to pay GST ? if so what are the terms and conditions and procedures for that ?
Asked 6 years ago in GST

Yes as per sec 24 you are required to get registered mandatorily.

Vidya Jain
CA, Kolkata
1010 Answers
58 Consultations

4.8 on 5.0

Yes you need to register for GST

Nikhil Khanna
CA, Mumbai
1429 Answers
19 Consultations

4.8 on 5.0

Hi

If your annual turnover exceeds Rs. 20 lacs, you will have to register for GST. Till that, no GST is required.

Once turnover reaches Rs. 20 lacs, you will have to register under GST. It will be export of services and you can export without GST payments after filing LuT. Return filing periodically shall become mandatory.

Please maintain FIRC copies of all foreign remittances for documentation purpose.

Lakshita Bhandari
CA, Mumbai
5687 Answers
909 Consultations

5.0 on 5.0

Hi,

The registration for GST would depend on the total turnover amount. If it exceeds 20 lacs, then only you need it.

Thanks

Damini

Damini Agarwal
CA, Bangalore
407 Answers
31 Consultations

5.0 on 5.0

Hi

If your annual turnover during last year was more than 20 lacs, you will have to register for GST.

Further, in the current year, once turnover reaches Rs. 20 lacs, you will have to register under GST. Once you register, please immediately apply for LUT and then you can export without GST.

You ll also have to file GST returns post registartion.

Please maintain FIRC copies of all foreign remittances once you register in GST.

Abhishek Dugar
CA, Mumbai
3576 Answers
183 Consultations

4.8 on 5.0

Dear Sir,

Software development services provided by you are deemed as export of services and you are liable to obtain GST registration once the Gross receipts exceeds RS. 20 lacs in a Financial year.

I will help you in obtaining GST registration and filing GST returns. You also need to obtain LUT for export without payment of taxes.

Thanks

Vivek Kumar Arora
CA, Delhi
4840 Answers
1037 Consultations

5.0 on 5.0

If Your T/O exceeds Rs 20 lac than you will come under purview of GST. Till then no registration is required.

Chirag Maru
CA, Raipur
210 Answers

5.0 on 5.0

It will be export of services ,If your annual turnover cross threshold of 20 lacs ,then you need to get registered under GST.

Swati Agrawal
CA, Mumbai
1146 Answers
7 Consultations

5.0 on 5.0

Since you are providing export of services, you are not required to pay GST.

However, if your Turnover is more than Rs. 20 Lakhs per annum, then it is advisable to Register for GST, file a LuT for Export of Services without payment of IGST and claim Refund of entire GST paid on all your expenses incurred for the purpose of developing the software

Pradeep Bhat
CA, Bengaluru
542 Answers
94 Consultations

5.0 on 5.0

Ask a Chartered Accountant

Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
  Ask a CA