Upwork and transferwise payment do we need to pay GST

Questions › Category: GST › Upwork and transferwise payment do we need to pay GST

Satish asked 5 months ago

Hi,
we are Indian based IT agency, and we are working on a freelancing platform UPWORK. we also accept payement through transferwise and paypal

do we need to pay GST for upwork and transferwise payment those we are receiving from outside of India?

Question Tags: upworkgst

1 Answers

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CA JINISH SHAH answered 3 months ago

NO.
If your total turnover exceeds 20 lacs per year then you need to obtain GST Registration. Also for export of services you need to obtain LUT from the department. Only after obtaining LUT you have an option not to charge GST. So dont worry.. if you have obtained LUT then do not charge GST, but if you dont have LUT then get registered and obtain LUT. It is simple process.

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