GST rules for freelancers working with American client
I am a software developer, and work with American clients, I receive payments using transfer wise .com which actually credits the INR into my account using NEFT. What is my eligibility for GST if the total amount that I receive during a financial year exceeds 40 lac ?
Asked 8 months ago in GST
Is it mandatory to atleast register a proprietary to apply for GST or an individual can also do so?
Does the registration becomes mandatory only after the threshold of 40lac exceeds or if it is projected to exceed 40 lac in an year. For example if I get 3.8 lac in a month from a client but the project is strictly for 3 months, looking at per month earning my annual earning will be projected above 40 lac but the contract is for 3 months only so it doesn't really goes close to the threshold.
Asked 8 months ago