Do I need GST to sell on my website?

Mandatory GST Registration for Online Sellers Under GST, all online sellers must register and pay GST. This means that even if you only bring in Rs 1 lakh, you must go online and get a GSTIN. In addition, you’re required to file monthly returns and pay taxes on all qualified sales.

Does a trader who has turnover of less than 20 lakh and are selling on ecommerce websites have to register for GST if such e commerce operator is required to collect TCS?

Supplier of services, who is not supplying through an e-commerce operator liable to collect tax at source, having a turnover of less than Rs. 20 lakh are exempted from obtaining registration under GST.

Who is ecommerce operator in GST?

Answer: Electronic Commerce Operator has been defined in Sec. 2(45) of the CGST Act, 2017 to mean any person who owns, operates or manages digital or electronic facility or platform for electronic commerce.

What is GST exempted category?

Books, maps, newspapers, journals, non-judicial stamps, postal items, live animals (except horses), beehives, human blood, semen, bangles, chalk sticks, contraceptives, earthen pots, props used in pooja (including idols, bindi, kumkum), kites, organic manure, and vaccines.

What is Gstin number?

GSTIN is a Goods and Services Tax Identification Number that is assigned to each person registered under GST. It is a 15-digit unique identification number. The number is primarily used by tax authorities to maintain GST payments and due records of those registered under the GST Act.

Can I sell on Flipkart without Gstin?

No, you can’t sell products without GST on Flipkart. So, it is mandatory to have GSTIN to sell on Flipkart.

How do I get Gstin for small business?

A step-by-step guide for obtaining your GSTIN

1. Log on to that GST online portal www.gst.gov.in.
2. Go to ‘Register Now’ and fill in Part A of the application with your name, e-mail ID and mobile number.
3. The portal will verify your details by sending an OTP to your mobile and email.

Who is tax collector in GST?

TCS stands for Tax Collected at source. In the GST regime, every e-commerce operator needs to collect 0.5\% under CGST Act and 0.5\% under SGST Act; In case of inter-state transactions, 1\% (under IGST Act) on the net values of taxable supplies made through the e-commerce operator.

What is selling through e-commerce portal under GST?

CGST act defines electronic commerce as – ” Electronic Commerce means the supply of goods or services or both, including digital products over digital or electronic network.” Main examples of such operators selling goods are Amazon, Flipkart, Snapdeal and operators selling services are Uber, Ola, Swiggy, Urban Clap.

What is GST and gstin?

What is GSTIN? The Goods and Services Tax (GST), which was launched on 1 July 2017 in a historic event in the Parliament aimed at simplifying the existing tax structure of India. The main aim of implementation of new tax regime is one nation, one tax, one market.

What is a gstin number?

GST has replaced a dozen of central and state levied taxes such as excise, VAT, and service tax. As a result, business entities will now need to register under GST and obtain a unique 15-digit Goods and Service Tax Identification Number (GSTIN).

What is the meaning of gstin in e-commerce?

It means they are required to register before selling through the e-commerce platform. All platforms like Amazon, Flipkart etc. required GSTIN at time of registration as a seller on their platform.

Can we search gstin by date of cancellation?

All GSTIN search tools shows that the GSTIN is active or not. If GSTIN is not active then date of cancellation is also shown. Can we search GSTIN by company name? No, such facility is not provided by GSTN portal and therefore cannot be accessed by other tools also.