GST guide for Bloggers and youtubers
Basic: These are basically people who earn through their blogs by writing contents and uploading videos. They earn mainly from 2 sources
Ads placed on their blogs/ videos by Advertisers (Google adsense etc).
Sponsors: The person who pays the bloggers and youtubers directly for promoting their products via blogs and videos. [eg. BB ki vines’ 1st sponsor was a Condom Company ]
Supply: They are service providers and their service falls within ambit of definition of supply under GST Act.
Export of Service: If payers are from outside India (Eg. Google) : Are considered as “Zero rated supply”. It means such provision of service shall be liable to tax at Zero percent. If payers are from India: Such service may be liable to be taxed. [This may be depend upon turnover and other factors also]
Sponsoring fee: Such service may be liable to be taxed. [This may be depend upon turnover and other factors also]
Registration: Every supplier whose total turnover calculated as per laws, if exceeds the prescribed limit, shall be liable to registration. [ Visit Finphic.com to see the limits. It differs case to case basis]
Once they are liable to be registered all acts shall apply to them as applicable to a normal service providers.
GST guide for Freelancers
Freelancers are treated as normal businessman running business as under sole proprietorship. They can earn from multiple sources including outside India also.
All the above principles are applicable to them also.
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