Tips

Is GST applicable on online shopping?

Is GST applicable on online shopping?

The online platform charges a percentage of the sale price as commission from the seller. The percentage depend on the platform and also on the category of goods. The platform has to charge GST @ 18\% on such commission and the seller can take input tax credit of such GST.

Is GST mandatory for online business?

Yes, registration under GST is mandatory for all e-commerce operators irrespective of the sales turnover. Hence, prior to commencing business as an ecommerce operator or within 30 days of commencing business, all ecommerce operators are required to be registered under GST.

Is GST included in commission?

You can claim a GST credit for the amount of GST you pay as a commission to the agency. The agent must pay GST on the commission that you pay them, regardless of how the purchaser pays for the goods or services.

Which Commission is exempt from GST?

The following services provided for commission are exempt under GST: Services by the fair price shops: To the Central Government on sale of rice, wheat, and other coarse grains. To the state government or Union Territories on sale of kerosene, sugar, edible oil, etc.

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Is commission a fee?

A commission is a fee paid to a salesperson in exchange for services in facilitating or completing a sale transaction. The commission may be structured as a flat fee, or as a percentage of the revenue, gross margin, or profit generated by the sale.

Is GST charged on delivery?

They charge 18\% GST on delivery charges which consumers pay. From next year, food delivery apps such as Zomato and Swiggy would have to pay goods and service tax (GST) to the government on behalf of the restaurants that supply food through the platforms.

How much is GST on delivery?

At present, restaurants charge 5\% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile, food aggregators such as Swiggy and Zomato are registered as tax collectors at source. They charge 18\% GST on delivery charges which consumers pay.

How can I sell items online without GST?

Which products can sell online without the GST number?

  1. 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.
  2. Infibeam.
  3. CraftsVilla.
  4. Fleaffair.
  5. Kraftly.