Question ID :
24231
GST on software export
A person does software export less than Rs.20L. Under the amended notification is registration compulsory? If it crosses Rs.20 L, should he charge GST? If yes at what ? Can he give LUT?
Posted by
t sankar
on
Oct 19, 2017
Filed Under
GST
in case of export registration is mandatory and THE OPTION OF LUT can be exercised
Posted by
CA JEET REWRI on
Oct 19, 2017
Answer ID :
58559
registration not required. If crosses 20lak then registration mandatory. Either charge IGST or Furnigh LUT.
Posted by
VINAY BHARGAV KUMAR G on
Oct 19, 2017
Answer ID :
58569
Registration is compulsory for a person making inter state taxable supply. Export qualifies as an interstate supply under GST and hence registration is needed.
LUT can be given in this case and export without payment of IGST
Posted by
KARTHIKA P on
Oct 21, 2017
Answer ID :
58576
Registration is not mandatory in your case as turnover is less than 20l.
The goods and services can be exported either on payment of IGST which can be claimed as refund after the goods have been exported, or under bond or Letter of Undertaking (LUT) without payment of IGST.
Posted by
CA MNS Karthik Reddy on
Oct 23, 2017