According to the information so far received, you need to get GST registration compulsorily, if you meet a list of conditions.
What is the GST rate for bloggers?
Bloggers fall under the 18% GST rate.
Your turnover in a fiscal year surpasses Rs 20lakhs (Rs 10 lakhs for Special classification states).
You provide online details and database access or retrieval services from a location outside India to an individual in India.
You provide online information and database gain access to or retrieval services from a location outside India to an individual in India, aside from a registered taxable person.
Earlier, when GST had actually just been revealed, bloggers and affiliate marketers, supplying services outside of their state, we’re accountable to sign up for GST even though they are not making Rs 20 lakhs or more every year from your blog or affiliate website. Now they are excused from GST registration if their profits are less than Rs 20 lakhs.
Company Vakil provides online GST Registration at your fingertips with the help of GST registration experts.
According to the third point, blog writers living outside India however supplying services in India to unregistered celebrations are accountable to get GST registration if their yearly turnover goes beyond Rs 20 lakhs. If you are supplying services from outside India to a signed up party in India then the liability of paying GST falls on the recipient of services, not you.
Impact of GST on Bloggers and other Affiliate Marketers in India
GST i.e. Goods and Services Tax is anticipated to come into result in India from 1 July 2017. GST is a uniform, indirect tax throughout India to change various taxes levied on sale, transfer, purchase, barter, lease, and/or import of items and services by the central and state governments. While there is still a great deal of information to be formally revealed, some clearness on a number of laws indicates that GST will likewise have a substantial influence on bloggers and other affiliate marketers in India.
So, here’s how the introduction of GST will affect blog writers and the affiliate market:
Under GST, blog writers and affiliate online marketers fall under the online info and database gain access to or retrieval services (OIDARS) i.e. those who offer electronic services like advertising on the web, cloud services, digital data storage, digital content (films, e-books, music, shows), online gaming, data or info retrievable in electronic form, etc
What if an accountable person does not register for GST or dedicates a scams?
A service will be thought about the export of services just if:
The provider of service (blogger or site owner) lies in India.
Freelancers- Freelance writers, developers, designers, digital online marketers who earn more than 20 lakh annually.
The payment of service is received in convertible foreign exchange.
Company Vakil provides error-free online GST Registration services in order to satisfy their clients. They also provide 100% money-back guarantee.
How will blogging services delivered outside India be managed under GST?
Earnings from the export of services are exempt from GST. Nevertheless, GST registration is still obligatory just the method filing Income Tax Returns is compulsory despite the fact that you put on t fall in the tax bracket. In this case, you have to provide a bond or Letter of Undertaking stating that it is export of services and you need to file GST returns for 0% GST.
Blog writers- Bloggers who make more than Rs 20 lakh/ year from their own blog site through advertisements or affiliate commission or through sponsored articles. The recipient of service lies outside India.
In case, somebody averts GST registration or does not pay tax or makes brief payments, they will be charged with a penalty of 10% of the tax quantity due or a minimum of Rs 10,000. You need to obtain the refund through Form RFD 01 within 2 years from pertinent date and it has actually to be accredited by a CA.
If your blog site or website is serving a recipient which does not fall under any of the below pointed out conditions then your location of supply of services is thought about outside India:
The place of address offered by the recipient of service remains in India.
Credit/debit card or any other cards used for payment has been issued in India.
The billing address of the recipient of service is in India.
The IP address of the device utilized by the recipient of service remains in India.
Bank of the recipient in which account is used for payment remains in India.
The country code of SIM remains in India.
Area of a fixed landline through which service is received by recipient remains in India.
Which online occupations are responsible for GST?
In case, somebody devotes scams while submitting GST, they will be charged with a charge of 100% of the tax amount evaded/short subtracted and so on or a minimum of Rs 10,000. The culprit will likewise be charged with a jail term if the tax quantity evaded exceeds Rs 100 lakhs.
The penalty for the late filing of GST is Rs 100/ day for each CGST and SGST plus interest at 18% per year. There is no penalty for the late filing of IGST.
For an affiliate marketer, the export earnings come through PayPal or wire transfer, then you don t need to gather GST. even AdSense income falls under the export of services. The place of supply of service is outside India. Maintain all the records of your service since the authorities can ask you for the details, anytime.
Associate Marketers- Website owners earning affiliate commission (more than Rs 20 lakhs/ year) through various affiliate networks or programs like Amazon, Flipkart, etc
GSTR 3B is to be filed month-to-month by all taxpayers. The GSTR 3B for February 2018 is to be filed by 20 March 2018 GST Registration.
Many huge companies like Facebook are requesting GST numbers from all freelancers. It is better to register for GST due to the fact that you will be able to declare the benefits of input credit on the expenditures you make for running your service.
GSTR 1 is to be filed monthly for all taxpayers, whose turnover is more than Rs 1.5 crore. The due date for it is the 10th of the succeeding month. E.g. The GSTR 1 for February 2018 is to be submitted by 10 March 2018.
YouTubers who are earning more than Rs 20 lakhs annually, through Indian clients.
If you have any queries, doubts, or more info connecting to GST, do share them with us in the comments area.
E.g. If you invest Rs 1000 on Facebook Ads and paid Rs 180 as GST to Facebook, then while submitting GST returns, your net payable GST will be minus the GST you paid for Facebook services.
Presently taxpayers have to submit 2 GST returns GSTR 1 and GSTR 3B.
The application procedure is rather easy; you just need to fill out your individual information and follow the actions.
Submit the application within 15 days of filling it. When your application is approved, you will get your GST number.
GSTR 1 is to be filed quarterly for all taxpayers whose turnover is less than Rs 1.5 crore. It is to be submitted prior to the completion of the succeeding month. E.g. GSTR 1 for January 2018 to March 2018 is to submitted by 30 April 2018.
This suggests whatever GST you pay for purchasing goods and services for running your organisation will be gone back to you as GST credits, which can be used to pay your GST when you file the returns.
Digital Marketers or Social Media Marketers and Agencies if their organisation is above 20L each year.
To stay updated on developments in the blogging and affiliate marketing world and to know more about the impact of GST on blogging, you can bookmark this blog and/ or register with Cuelinks.
GST charged on your telephone connection, broadband connection, laptop, AC, office rent, etc. can be claimed back while submitting returns. While purchasing anything for your work ask the seller to include your GST number in the costs.
GST is a uniform, indirect tax throughout India to change different taxes levied on sale, transfer, purchase, barter, lease, and/or import of products and services by the central and state federal governments. Under GST, bloggers and affiliate marketers fall under the online information and database access or retrieval services (OIDARS) i.e. those who supply electronic services like advertising on the web, cloud services, digital information storage, digital material (motion pictures, e-books, music, shows), online gaming, data or info retrievable in electronic type, etc
In Legal Name of Business, you can enter your own name if you are running a Proprietor business. Once your application is filed, you.
Owners of an e-commerce website or online marketplaces earning through offering items/ services.
GST Filing and Due Date:
You can sign up for GST at https://reg.gst.gov.in/registration.
Little services can run their company on their own name or as a proprietorship company. If you have a legitimate PAN card, you can register yourself with GST by yourself name. In that case, while registration your company name will be your own name.
Keep soft copies of documents needed for the application all set to be published. You can understand what documents you require here. Simply enter the Constitution of Business (i.e. owner, partnership, etc.) and Nature of Possession of Premises (i.e. own, rented, rented, and so on), and you will get a list of documents needed.
Nevertheless, to be able to claim input credit, you need to supply your GST number to all these businesses so that it can be tracked online.
Previously, when GST had actually just been announced, bloggers and affiliate online marketers, providing services outside of their state, were liable to sign up for GST even though they are not earning Rs 20 lakhs or more each year from your blog or affiliate website. Earnings from export of services is exempt from GST. In this case, you have to provide a bond or Letter of Undertaking specifying that it is export of services and you have to submit GST returns for 0% GST.