Effect of GST on Bloggers and You tubers
Now a day’s technology has grown so fast that people have shifted from offline to online for earning income. 1 out of 10 people have a blog online. But when money starts pondering there come question that whether this income is taxable or not? Before giving the answer to this question let’s have an overlook at what GST actually is and how GST return filing . GST stands for Goods and service tax. It is an indirect tax laid by the central government on various goods and services. This tax is divided in 5 slabs depending on the commodity and service. In short the answer to the above question is yes. GST is applicable to the income from ad sense and it fall under 18% tax slabs. But the readers/ viewers are not counted in this category and they are exempted from it. Thus it becomes a mandate for a Blogger to get GST registration as soon as possible. The reason is quite simple as Bloggers sell their services even to the overseas customers and thus it becomes an export of service and ...
