90,000+ Legal Questions Answered

Doubt about GST for Affiliate Marketing Professionals.. Doubt about GST for Affiliate Marketing Professionals..

3 years ago

I am working as an affiliate marketer (for Amazon and Flipkart) and earned around Rs. 16 lakhs till November 2020 and hope will cross Rs. 20 lakhs this financial year. I think I have to take my GST registration once my earning crosses Rs.20 lakhs in this financial year. I have the following doubts? 1) If I take GST registration now, am I responsible to pay the whole GST for this financial year (ie. 18% of 20 Lakhs)? 2) If I take GST registration, am I responsible to file GST returns monthly even my earnings will be below Rs.20 lakhs in the next financial years? 3) Since my earning are based on the advertisement of Facebook Ads and Google Ads, is it a wise decision to limit my earnings below Rs.20 lakhs this year and take GST registration in the next Finacial Year?

Read more at: https://www.caclubindia.com/forum/doubt-about-gst-for-affiliate-marketing-professionals--559707.asp

Anik

Responded 3 years ago

View All Answers
A.Hi,
You should approach the concerned professional
Helpful
Helpful
Share
Placeholder image

Devendra Athavale

Replied 3 years ago

1. Yes You Have to take Registration if you crossed the threshold limit of Rs. 20 lakh in financila year.
2.

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hello,
The concerned professional could be contacted
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconHow to get Invoice for GST in paypal
Dear sir, You have to contact chartered accountant or auditor to know the procedure to get invoice for GST in PAYPAL.
question iconAbout Tax and legal procedures
Dear Client, The Legal Requirements for your Online marketplace website for Buyers and sellers are as follows : 1. Every business is required to get registered with the Ministry of Corporate Affair...
question iconGST on society maintenance
Dear Sir, As per Entry 77 of the GST Exemption Notification, the maintenance charge paid by residents to the Resident Welfare Association (RWA) in a housing society is exempt from GST up to an amount...
question iconLiability for GST-Registration
Dear Sir Your question pertains to financial and tax payment. You may please contact in auditor, chartered accountant or GST Consultant.
question iconSUMMON FOR SECTION 70 UNDER CGST
Dear Client, Receiving a summons under Section 70 of the Central Goods and Services Tax (CGST) Act can be a serious matter that requires prompt attention. This indicates that the tax authorities are s...