E Commerce seller.

141 views 2 replies

karr engg

3 Points Joined June 2017

Dear Team,

We are from Karr engineering manufacturers of fitness equipment and school furniture.

we request you to please clear my confusions in following.

1. as per model law All e commerce sellers to get GST registered to do intra state sales.
- in the above scenario we are having some queries .
- our turn over is less then 20 lacs can we opt out of GST and do inter state sales..
- if get registration is mandatory can we register under composite scheme.
- do we have to maintain invoice formats and all as per standard in voice.
- Do we have to maintain electronic records.
- our goods falling under 28% tax and our inputs are steel majorly which is 18% cosidering this scenaio is it advisable to go under compensation scheme or not ??

kindly suggest on the above.

regards,
Jithendra .K

Replies (2)

Karan Batra

Creator: TheProTalks

2325 Points Joined January 2016

Read the following requirements for suppliers under GST, "All suppliers must-

All suppliers on e- commerce platforms are mandatorily required to register under GST. Hence, even e-commerce suppliers whose aggregate turnover does not exceed the threshold limit for registration will have to compulsorily register
Further these suppliers cannot take exemption under the composition scheme even if his aggregate turnover does not cross Rs. 50 Lakhs, he/she does not have the option to become a composition tax payer."

Thus coming to your questions

You can’t opt out of registration for GST even if you go for interstate sale, as you are suppling through marketplace
No as you may have read above.
Yes, you have to.
No as you can’t go for the composition case in the first place