GST QUERY - REQUEST CLARIFICATION

[Bala Sri]

Dear Professionals,

This is w.r.t. to GST, solicit your clarification request :

1. What is the GST Rate (is it 18% ?, pls correct  or confirm)  for Information Technology / Software Solution / ERP Implementation services ?

2. Should a taxable person need to register immediately  if the service is provided inter-state, i.e. Service Location Bangalore and Service receipient in New Delhi ignoring the turnover threshold of 20 Lacs ?

3. Should a software service provider need to register under GST if all services were export service i.e  if the service is provided from Bangalore and Service receipient in New York ?

4. Turnover Threshold Limit for FY 2017 : Does the aggregate turnover count start w.e.f. july1 billings (goods or services  provided after this date) or should we need to consider prior billings made from beginning if the fin. year eg. say April 1 2017 ?

Looking forward for your clarification and thanking in advance.

Rgds

Bala Srini FCA., LL.B.

94498-27834

[CS A Rengarajan]

On Tue, Jul 4, 2017 at 6:55 PM, Bala Sri <balasri...@gmail.com> wrote:

Dear Professionals,

This is w.r.t. to GST, solicit your clarification request :

1. What is the GST Rate (is it 18% ?, pls correct  or confirm)  for Information Technology / Software Solution / ERP Implementation services ?

​

Majority of services  is 18%   will  revert.

​

 

2. Should a taxable person need to register immediately  if the service is provided inter-state, i.e. Service Location Bangalore and Service receipient in New Delhi ignoring the turnover threshold of 20 Lacs ?

​There is a time limit to register within 30 days.    GST is based  on destination based.  where you are providing service is very important.. If you  are serve from bangalore, then you need to do  bill IGST  or if your people going there and rendering service, you require separate registration at New Delhi so that  the customer can take input tax credit   Otherwise he has to do reverse charge mechanism​

 

3. Should a software service provider need to register under GST if all services were export service i.e  if the service is provided from Bangalore and Service receipient in New York ?

​Exporter also require register ​

4. Turnover Threshold Limit for FY 2017 : Does the aggregate turnover count start w.e.f. july1 billings (goods or services  provided after this date) or should we need to consider prior billings made from beginning if the fin. year eg. say April 1 2017 ?

​The threshold limit ​will be counted  from April 2017 not from July 2017  The whole financial year will be counted.

Looking forward for your clarification and thanking in advance.

Rgds

Bala Srini FCA., LL.B.

94498-27834

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+unsubscribe@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

--

A.Rengarajan
Practising  Company  Secretary
Chennai

Mobile 93810  11200

“

LET  US  SUPPORT  COMPANY  SECRETARY  BENEVOLENT  FUND  FOR  COMMON  CAUSE

[Bala Sri]

Dear Mr. A. Rengarajan,

Thank you Sir for your quick reply and clarification, highly appreciated.

W.r.t. point 2, apologies for any misunderstanding in the query. Time limit is 30 days agreed. I re-phrase, Should turnover be ignored for registration purpose in the case of inter-state supply of goods  & or services ? Meaning to say, at the very first inter-state supply or service being provided ,  do we attract liability to register under GST ?

W.r.t point 4 : Do we any notification / Circular in this regard.

Look forward.

Thanks Once again.

Rgds

Bala Srini

On Tuesday, July 4, 2017 at 8:31:50 PM UTC+5:30, csarengarajan wrote:

On Tue, Jul 4, 2017 at 6:55 PM, Bala Sri <balasri...@gmail.com> wrote:

Dear Professionals,

This is w.r.t. to GST, solicit your clarification request :

1. What is the GST Rate (is it 18% ?, pls correct  or confirm)  for Information Technology / Software Solution / ERP Implementation services ?

​

Majority of services  is 18%   will  revert.

​

 

2. Should a taxable person need to register immediately  if the service is provided inter-state, i.e. Service Location Bangalore and Service receipient in New Delhi ignoring the turnover threshold of 20 Lacs ?

​There is a time limit to register within 30 days.    GST is based  on destination based.  where you are providing service is very important.. If you  are serve from bangalore, then you need to do  bill IGST  or if your people going there and rendering service, you require separate registration at New Delhi so that  the customer can take input tax credit   Otherwise he has to do reverse charge mechanism​

 

3. Should a software service provider need to register under GST if all services were export service i.e  if the service is provided from Bangalore and Service receipient in New York ?

​Exporter also require register ​

4. Turnover Threshold Limit for FY 2017 : Does the aggregate turnover count start w.e.f. july1 billings (goods or services  provided after this date) or should we need to consider prior billings made from beginning if the fin. year eg. say April 1 2017 ?

​The threshold limit ​will be counted  from April 2017 not from July 2017  The whole financial year will be counted.

Looking forward for your clarification and thanking in advance.

Rgds

Bala Srini FCA., LL.B.

94498-27834

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.

To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.

For more options, visit https://groups.google.com/d/optout.

[CS A Rengarajan]

will  revert  the same  by tomorrow

Regards  

To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+unsubscribe@googlegroups.com.

For more options, visit https://groups.google.com/d/optout.

[Chandravijay Shah & Co.]

“Should turnover be ignored for registration purpose in the case of inter-state supply of goods  & or services ? Meaning to say, at the very first inter-state supply or service being provided ,  do we attract liability to register under GST ?” Yes

[Bala Sri]

Thank You Mr. A. Rengarajan and Mr. Chandravijay Shah  for your quick response. Much Appreciated.

Warm Regards

Bala Srini