Tax on ecommerce transactions
This query is : Resolved
10 October 2011
Hi,
Our company is interested in starting an Ecommerce website and I request someone to kindly give me some information regarding taxation.
We will be buying products from a wholesaler and then sell the products through our website. i.e the customer will be paying for the product with his card. In this scenario, what sort of tax will be levied on the transaction.
Also, if we provide a cash on delivery service: where the customer pays for the product to the courier company, where and what tax is levied.
Please help.
Our company is interested in starting an Ecommerce website and I request someone to kindly give me some information regarding taxation.
We will be buying products from a wholesaler and then sell the products through our website. i.e the customer will be paying for the product with his card. In this scenario, what sort of tax will be levied on the transaction.
Also, if we provide a cash on delivery service: where the customer pays for the product to the courier company, where and what tax is levied.
Please help.
10 October 2011
For sale of products in the state VAT wouldbe payable and for those sold inter state CST would be applicable. Invoice raised by you in the state where you are located wouldget the revenue. The courier is only anagent to deliver/ collect the proceeds.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- SALE BILL AGAINST GOODS RETURN
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
