I am going to sell grocery online. I will stock grocery in my warehouse and deliver grocery when ordered online through my own website. Shall I be considered a ecommerce operator and mandatorily do gst registration even if my turnover remain below 40 lakh per annum?
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Ecommerce operator
Replies (1)
No....
In term of sec.24 of CGST Act amended vide the CGST Amendment Act ,2018, effective from 1/2/2019 Restricted compulsory Registration requirement to only those E-commerce operator who are , required to collect TCS, other small e-commerce who are not liable to collect TCS under sec.52, would be eligible to avail the threshold limit Exemption benefits.
Who need to collect TCS :.
As per Section 52(1), the e-commerce operator who allow other supplier to supply their goods through platform & consideration is collected by E-commerce .
Hence , if you are supplying goods by yourself not required to collect TCS & not required to take compulsory Registration.
And also NOT required to take Registration till your aggregate turnover not exceeds 40lac (Notification 10/2019 CT the threshold limit to supply goods is 40lac )
In term of sec.24 of CGST Act amended vide the CGST Amendment Act ,2018, effective from 1/2/2019 Restricted compulsory Registration requirement to only those E-commerce operator who are , required to collect TCS, other small e-commerce who are not liable to collect TCS under sec.52, would be eligible to avail the threshold limit Exemption benefits.
Who need to collect TCS :.
As per Section 52(1), the e-commerce operator who allow other supplier to supply their goods through platform & consideration is collected by E-commerce .
Hence , if you are supplying goods by yourself not required to collect TCS & not required to take compulsory Registration.
And also NOT required to take Registration till your aggregate turnover not exceeds 40lac (Notification 10/2019 CT the threshold limit to supply goods is 40lac )
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