GST on pure export of services

[Kaustubh Karandikar]

XYZ is having only export of services transactions and his turnover has exceeded the threshold limit of ₹.20 Lacs. Is he required to register with GST even if export of services are exempted from GST? If yes under which provisions?

AI Summary

GST Registration Required for XYZ's Export Services with Turnover Over 20 Lakhs Under Section 22, IGST Act 2017 An individual inquires about the necessity for GST registration for a company, XYZ, engaged solely in the export of services with a turnover exceeding 20 lakhs. Amit Agrawal clarifies that exports are zero-rated under Section 16 of the IGST Act, 2017, not exempt, thus requiring registration under Section 22 upon crossing the turnover threshold. Despite inter-state supply status, exemption from registration is only applicable until specified turnover limits are reached, as per Notification No. 10/2017. Other participants express appreciation for Agrawal's detailed and insightful responses.