Can we sell on Amazon with composition GST number?

NO. Composition scheme is only for sellers selling within state.

Is GST applicable for composition scheme?

Composition Scheme is a simple and easy scheme under GST for taxpayers. Small taxpayers can get rid of tedious GST formalities and pay GST at a fixed rate of turnover. This scheme can be opted by any taxpayer whose turnover is less than Rs. 1.5 crore*.

Can I sell products on Flipkart without Gstin?

No, you can’t sell products without GST on Flipkart. You can sell online without GST only if you sell products which are exempted. You need to have GSTIN even if your turnover is less than Rs. 20 lakh there is no such threshold as stated on some other websites.

Can I sell product without GST?

You can sell online without GST only if you sell goods which are exempted. If you sell goods on which GST is applicable, then you has to get GST number to be able to sell online. You has to take GSTIN even if turnover is less than Rs. 20 lakh.

How do I move from composition to regular scheme in GST?

Go to the section ‘Taxpayer Type’. The status changes from ‘Composition’ to ‘Regular’. The taxpayer will now have access to all returns applicable to regular taxpayers.

Can composition dealers buy other states?

Yes, any dealer under composition scheme can purchase goods from other state. he cannot sell goods outside the state. Which means he should not be involved in interstate outward supplies.

Who can not be registered under composition scheme?

Any dealer who is supplying goods through electronic commerce operator will be barred from being registered under composition scheme. For example: If M/s ABC sells its products through Flipkart or Amazon (Electronic Commerce Operator), then M/s.

How to opt for composition scheme for your business?

The following conditions must be satisfied in order to opt for composition scheme: If a taxable person has different segments of businesses (such as textile, electronic accessories, groceries, etc.) under the same PAN, they must register all such businesses under the scheme collectively or opt out of the scheme.

What happens when a dealer opts out of the composition scheme?

When a dealer opts out of the composition scheme all the normal rules are applicable from the day of opting out. For example, a composition dealer opts out of the composition scheme on 15th October 2020. This means that the dealer will have to file two CMP-08 for the quarters of July – September, and October (15 days).

Can a composition scheme supplier receive inward Supplies subject to RCM?

Therefore, it can be inferred that when a composition scheme supplier receives inward supplies subject to RCM under section 9 (3) or (4), he cannot avail the benefit of composition scheme to discharge the liability at a pre-determined rate and has to pay GST at scheduled rates.