What is the GST rate for ecommerce business?

e-Commerce aggregators are responsible under the GST law for collecting and depositing tax at the rate of 1\% on each transaction under the Section 52 of the CGST Act. Any dealers/traders selling goods/services online would get the payment after deduction of 1\% tax.

Is GST mandatory for e commerce sellers?

Yes, persons undertaking a supply through e-commerce operators are also required to obtain GST registration irrespective of sales turnover. Hence, any person who intends to sell on Flipkart or Amazon or Snapdeal must obtain GST registration.

Who pays GST e commerce?

1) Selling Goods – The e-commerce seller is liable for the collection of GST and pay to the government. 2) Selling services other than mentioned in Section 9(5) – The e-commerce seller is liable for collection of GST and pay to the government.

What is e commerce operator under GST?

Answer: Electronic Commerce has been defined in Sec. 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.

Is GST applicable on ebooks?

In India, the GST Council has announced that GST on ebooks will be reduced from 18\% to 5\%, but the lack of clarity has left publishers ‘perplexed’, reports the Hindu. Penguin Random House India COO Sanjiv Gupta said, ‘In India, typically the cost of an ebook is the same as the print book.

Is GST applicable on online transactions?

Online transactions are also covered by GST under services category. Before GST the service tax is 15\%. But now it is 18\%. That means there is an increase of 3\% tax because of GST.

How many types of GST returns are applicable for e commerce?

E-commerce suppliers/aggregators are required to file Form GSTR-1, GSTR 2, GSTR 3 monthly and GSTR-9 is to be filed annually. E commerce operators are required to file their GST return in form GSTR 8 in monthly basis.

Is Amazon an ecommerce operator?

Amazon, flipkart etc are e-commerce operator and not the persons selling on them. So any rules relating to e-commerce operator doesn’t apply to you.

Are eBooks taxable?

The “sale of electronic data products such as software, data, digital books (eBooks), mobile applications and digital images is generally not taxable” (though if you provide some sort of physical copy or physical storage medium then the sale is taxable.)

Is there GST on books in India?

As per the current tax status, no GST is applicable for all kinds of printed books. While it is a relaxation conferred upon the reader, publishers and printers are not exempt from it.

How does Amazon pay GST?

Amazon or any company won’t pay GST to you. They collect and pay GST to government. They are part of the chain and they are SERVICE PROVIDER to us. So, they simply charge GST on various service components, collect the amount and they pay to Govt.

What are the GST rules for e-commerce companies like Amazon?

Amazon, flipkart etc are e-commerce operator and not the persons selling on them. So any rules relating to e-commerce operator doesn’t apply to you. Also, do not select e-commerce operator at time of filing registration form, otherwise you can get into major problems. You can also take GST registration service of TaxAdda.

Who is liable to pay GST on sales made on Amazon?

The answer is that the seller is liable to pay GST on sales made. The concept is that the seller is selling directly to the buyer. Amazon is only like a commission agent in between. So the seller is liable to pay GST and not amazon.

What is the GST on commission paid by eco?

Between Seller and ECO: ECO receives the commission from the seller for providing them online market place. Hence, GST will be charged on such commission. GST will be paid by the ECO on such commission.

Who is liable for commission charged from suppliers by e-commerce operators?

Liability in case where Commission Charged from Suppliers by the e-commerce operator then, supplier i.e. operator is liable for GST and normal provision shall apply in this particular case, supplier will issue invoice to the receiver for using its service and shall levy GST on such supply.