GST Registration on YouTube Income

In India, Youtube has grown to be a significant source of income. Content producers need to be aware of their tax duties and follow the law given for growth of the digital economy. After following the required process and submission of the required documents online GST Registration can be obtained. Failure on the part of the youtuber to get the GST Registration can result in penalties.

Professional utilities helps to get the GST Registration in quick and hassle free manner.

There are typically 4 types of scenarios that will play out:

• YouTuber's Use of the YouTube Platform
• The money a YouTuber makes
• YouTube's income from advertising businesses
• YouTube's income from premium subscription services

Content sharing Services - When original content is created for uploading. This services can be rendered by the organisation or individual

Content Creation Services - When already created content is shared on youtube. This services can rendered by the organisation or individual

On supply of services of youtuber and blogger

• Rate of GST is 18% ( 9% of CGST AND 9% OF SGST)

On Supply of the export services

• Rate of GST is Zero - rated

Youtuber gets GST Registration under Sole Proprietor or to get more tax benefits get registration under LLP also. Below mentioned are the documents required for the GST Registration.

Documents required for Sole Proprietor

• Owner’s photo
• Copy of PAN Card
• Copy of Aadhar card
• Address Proof
• Bank Account Details

Document for LLP Firm

• Partner’s address proof
• Authorised Signatory’s appointment proof
• Partner’s PAN Card
• Photograph
• Partnership deed
• Bank Account Detail
• Authorised Signatory’s Aadhar Card
• Principal place of business’ s address proof

Below mention steps need to be followed while applying of the GST Registration

• Login in GST Registration portal
• In PART A of form GST REG 01 fill details related to the Name, Mobile no. and Email No.
• Then TRN No. is generated
• In PART B of GST REG 01 fill in detail related to the Place of business, taxpayer constitute, Photograph, Bank Account and aadhar card verification and aadhar authentication.
• Generation of the ARN No.
• Verification of the form and documents
• After approval issue of GSTIN and GST Certificate in GST REG 06

There are certain things that need to be mentioned in the GST Invoice.

• invoice number
• date of invoice
• value of services offered
• GST rate

All invoices need to be included in Form GSTR-1 of the GST returns.

After getting GST Registration youtuber need to fulfil the necessary duties like

• Filling of the return
• Furnishing of the Letter of undertaking
• Refund of the Input Tax Credit can be taken

Youtuber making annual revenue of more than 20 lakhs need to get GST Registration.

Professional Utilities helps to get GST Registration at Rs. 1499/-.

Youtuber became eligible for GST Registration after Registering with youtube, receiving responses from people and earning income. Or youtube deducts tax from the earnings. Youtuber becomes eligible for GST Registration. There are many benefits which youtuber gets for registration under GST. The classification of the services and the type of income determine the GST on Youtube income. Creators of content must register for GST and submit regular returns.