Hey Anup Bhai, am not that active on upwork, but am getting on this thread after searching FIRC certificate standard Charted Bank. Am also affiliater, i recived approx 40k usd from my network, they did me Lft through Standard Charted Bank Mumbai, Recieved money through NEFT in my bank account , and i have to withdarw 1 lakh usd, am going mad over this 18% gst & after than income tax that's too much bhai , please help how to deal with this. how to save 18% gst. this is the page where i landed first - https://community.upwork.com/t5/Freelancers/FIRC-certificate-from-Upwork/td-p/376583
you or angad S please reply me & help me with best it seems u already face this & delt with
Sridhar J wrote:
If you are using LFT to withdraw money from your Upwork account, there is very little chance that you can prove your income is for export services.
First, when we use LFT to withdraw money from our Upwork account, the bank transaction clearly shows the money has come from Upwork.
Second, Upwork does provide a certificate of earning that shows our earnings in USD.
Reports > Certificate of Earnings
Did you mean that you don't have a GST number at the moment? If you do not currently have a GST number, you may wish to consult with a trusted tax expert or advisor. Upwork cannot provide tax advice. Thank you.
Vladimir G wrote:
If you do not currently have a GST number, you may wish to consult with a trusted tax expert or advisor. Upwork cannot provide tax advice. You can find more information in the previous conversation on this announcement thread and in this Help article.
Hi Vladimir, I am in the process of setting up in India, and have in fact consulted several Indian tax professionals who have stated that I do not have to pay or register for GST. I suspect the same applies to many Indian freelancers here.
Now the question that many of us are asking is: Since we are not legally required to have a GST number, can we safely continue without one on Upwork? What is Upwork going to do to freelancers who don't provide their GST number (because they don't have to)? Or is this something that Upwork is still in the process of figuring out?
Some clarification is much needed, even if it's just: "Sorry, we actually don't have the answers to your questions. We're working on it."
Either way, we need to know.
I apologize but I won't be able to advise on your question. Upwork is currently working with its tax advisors to determine under what circumstances GST must be collected on transactions between Upwork and its users. If it is determined that tax is to be collected, we will contact our users in India to provide an explanation of what transactions will be assessed and the date any collection will start.