What is GST on game development services?
Nexa Consultancy | Startup & Finance Glossary
Game development services provided to a foreign client are considered an export of service and are zero-rated under GST (if conditions are met). For domestic clients, GST is applicable. The classification of the service under the correct SAC code is important.
Startup Example: A game development studio in India builds a game for a US-based publisher. By filing an LUT, they can invoice the US client without charging GST and claim a refund on the GST paid on their inputs (like software licenses).
Our GST for exporters service covers the gaming industry.