Goods and Services Tax – Started By: – Archna Gupta – Dated:- 16-11-2017 Last Replied Date:- 19-11-2017 – Hi,Please suggest whether the limit of 20 lacs is applicable on exporters of services also as this limit now covers Inter state supply also.ThanksArchna Gupta – Reply By KASTURI SETHI – The Reply = Yes, the value of export is to be included while arriving at threshold limit of ₹ 20 lakhs. – Reply By MARIAPPAN GOVINDARAJAN – The Reply = Yes, applicable. – Reply By Ramaswamy S – The Reply = Exporters need to be registered under GST irrespective of the Turnover Limit. Please refer Section 24 – Compulsory registration. It says persons making Inter state supplies. Export is an Inter State Supply. Regards S.Ramaswamy – Reply By Archna
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or exemption applicable on export of services – Reply By Ramaswamy S – The Reply = It is advisable to register under GST rather than seeking exemption from registration under the threshold.RegardsS.Ramaswamy – Reply By KASTURI SETHI – The Reply = Rightly advised by Sh.S.Ramaswamy Sir. – Reply By Ganeshan Kalyani – The Reply = I too agree with the views of the experts. – Reply By Kishan Barai – The Reply = ITXC on exports would only be allowed if you have GSTN number – Reply By Kishan Barai – The Reply = ITC for exports would be only allowed if you have GST number – Reply By CS SANJAY MALHOTRA – The Reply = GSTN no should replace completely the IEC code in times to come. Retention of GSTIN as suggested by my friends would gain the company. –
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