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Do bloggers need GST?

Do bloggers need GST?

GST on Service Providers, Freelancers, Bloggers, Youtubers (For services within India) In case the services are provided in India – GST @ 18\% would be applicable on the services provided by bloggers, youtubers and other types of freelancers.

Is GST registration mandatory for chartered accountants?

So all services provided by practising chartered accountants will be liable to GST @ 18 \%. If the supply is intra-state, then 9 \% CGST and 9\% SGST will have to be charged and if the supply is inter-state, then 18\% IGST….Impact of GST on Practising Chartered Accountants.

Sr. No. Service Code Service Description
5. 998232 Individual Tax Preparation and Planning services
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Is GST applicable for turnover below 20 lakhs?

GST is not applicable for those assessees whose turnover is less than 20 Lakhs. Go ahead and surrender your GST registration. Contact a local tax lawyer/CA. A business whose aggregate turnover in a financial year exceeds Rs 20 lakhs has to mandatorily register under Goods and Services Tax. ..

Do influencers have to pay GST?

ABN and GST for Influencers and Bloggers Applying online does not cost anything, and you could get your unique ABN on the same day. Once you have your ABN and earn more than $75,000 in a financial year under this registered number, you will also have to register for GST.

Do bloggers pay income tax?

The income from blogging will be taxed as business income, and hence certain expenses are allowable. These expenses will be deducted from the total revenue, and only the income net of expenses will be taxed. The allowable expenses are: Domain hosting expenses.

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Who are exempt from GST registration?

A business entity with an annual turnover less than Rs. 20 lakh is given exemptions from GST registration. But there are some special category states (Arunachal Pradesh, Assam, Jammu and Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand) where this threshold limit is Rs.

Is it compulsory to file annual GST return?

Under the Goods and Services Tax (GST), filing of annual return — GSTR-9/9A — for 2020-21 is mandatory for all registered businesses, barring those with an aggregate annual turnover of up to ₹2 crore.

Is GST registration required for a company with more than 20 lakhs?

Yes, Registration would be required if your turnover is more than 20 Lakhs (10 Lakhs for special category states other than State of Jammu & Kashmir). Also refer to section 24 of CGST Act, 2017 for compulsory registration.

When is GST registration required for special category States?

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In case of ‘special category states’, registration is required if his aggregate turnover in a financial year exceeds Rs. 10 lakhs – first proviso to section 22 (1) of CGST Act [renumbered vide CGST (Amendment) Act, 2018, w.e.f. 1-2-2019]

Who is eligible for GST registration under Section 24?

As per the said notification, any person, who is engaged in exclusive supply of goods and whose aggregate turnover in the financial year does not exceed forty lakh rupees, except, – a. persons required to take compulsory registration under section 24 of the said Act;

How to apply for GST registration online?

The procedure to obtain a GST registration is easy and free. A taxpayer seeking a normal registration can visit the GST portal and fill the registration Form GST REG-01. The application form is divided into 2 parts – Part A and Part B. After completing the process, move to Part B.