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GST and Income Tax Laws for individual Youtuber Youtube income through Google Adsense Ads memberships super chats super thanks and outside youtube brand promotions etc. - Goods and Services Tax - GSTExtract so here is the thing, i have started doing youtube Gaming a decade ago and now it seems like starting well i am getting good amount of views well no income received yet, i got into youtube partner program that will allow me soon to receive different types of incomes directly from youtube and also outside youtube as well. but now i am worried about different taxation like income tax and goods and service tax. please anyone help me understand how can i deal with this and what options do i have. income received from google adsense advertisements income received from youtube super chats, super thanks, memberships via google adsense income received from outside youtube brand promotions, paid partnership if any in future all i knew was i only needed to pay income tax which was fine but now i am searching on the internet and finding out that i also need to pay GST which is concerning because i am an individual and would like to stay as it is. i am not willing to run a business any sooner but if this is the only option then what can i do. i found an article on cleartax which states that upto 20 LPA i can avoid gst registration but as soon as i get above 20 LPA which is the case of the maharashtra, i need to register for a GST. also i found out that i have to pay 0% gst if i file LUT which is even more confusing to me. The purpose of an LUT ( Letter of Undertaking ) in GST is to allow exporters to ship goods and services internationally without paying Integrated GST (IGST) upfront. i am so worried and confused, please help me simplified and understand.
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