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Can a individual person apply for GST?
According to the Goods and Services Tax Act 2017, any business with a turnover of Rs. 40 lakh and above must register for GST. Individuals eligible for tax deduction under section 37. Individuals supplying goods and services on behalf of any other registered taxpayer in capacity as an agent or any other manner.
Do individuals need to register for GST?
You need to register within 21 days of your GST turnover exceeding the relevant threshold. You must register for GST: when your business or enterprise has a GST turnover (gross income from all businesses minus GST) of $75,000 or more – see Working out your GST turnover.
Is GST required for Shopify?
GST is not applicable for a dropshipping business. Since no goods are Entering or Exiting India i.e. both the buyer and the supplier are outside India, thus GST is Not Applicable.
Can a seller register themselves on IndiaMART without a GST number?
No, GST is mandatory requirement to be able to generate invoice. Adding GST details are also mandatory to become verified sellers on the IndiaMART portal.
Where can I sell products without GST?
Which products can sell online without the GST number?
- Ebay. Ebay is the only online giant which ropes many sellers on board without any registration you can start selling by simply creating an account on Ebay and PaisaPay (eBay’s payment service) account.
- Infibeam.
- CraftsVilla.
- Fleaffair.
- Kraftly.
Who can apply for a GST registration?
An individual person can apply for a GST Registration [ 2] if he plans to sell goods or services online. In that case, the GST Registration would be issued on his individual PAN. The person would be called a Sole Proprietor and the business would be called a Sole Proprietorship business.
Is it possible to sell online without a GST number?
These platforms also do not allow to register without a GSTIN. There is no special type of registration required for selling online. A person who already has GSTIN need not take another registration. There is also not any requirement for intimation/notice/change in registration. But such person has to take registration under normal scheme.
Is it mandatory to register for Indian state supply under GST?
In short, registration for INter State Supply is Mandatory. If the Supply is limited to the same state th According to the GST law, any person who wishes to supply any Commodity or Good shall get registered under the GST law.
Do I need GST registration for my ecommerce business?
You need GST registration only if you are an eCommerce operator or if your sales are in excess of Rs 20 lakhs per annum. If you are selling through sites like Amazon or Flipkart, they will insist on a GST registration.