PROOF OF EXPORT OF SOFTWARE and SERVICES

[Durga KARUMURU]

What is the proof of Software or Services exported, required under GST.

A Software company providing services to an overseas company does it need GST Registration?

Do professional Accountants providing consultancy services to overseas clients need to provide any proof under GST?

AI Summary

Software Exporters Must Submit SOFTEX Form for GST Compliance Under 2015 Regulations; Consultants Also Affected A software company exporting services must use the SOFTEX form as proof of export under GST, monitored by the Department of Electronics, DGFT, and Customs. This is in accordance with the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015. Professional accountants providing consultancy services to overseas clients also need to provide proof under GST. The regulations require evidence to verify the exporter's residency in India, the final destination of the exported goods, and the declared value representing the full export value or the expected market value. Both queries regarding GST registration and proof requirements were answered affirmatively.