Gst query for sole proprietor international online seller

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I m a sole proprietor selling online handmade fabric products like cushion cover internationally from my home whichbis on my father's name and shipping items through dhl and other services

Falling above threshold 20L range, i am registering gst in composite scheme.

Few queries here -

1. Gst registration need business address so i hv to make rent agreement as home is on dad's name and my dad will be additional tax liable for that rent. How much minimum rent can i specify on rent agreement? How many months agreement needed?

2. Usually local shops do not provide receipts and straightforward deny for fabric, reels, thread, etc. That way i can not buy from anywhere with receipt. Or else i can not mention those expences and my profit on paper increase drastically bcoz of lesser receipts. Whats the solution?

3. I hv 1-2 helpers at home who sew fabric products for me and help in packaging. Should i mention those expences? How? As i m registered as sole proprietor. Or any other solution?

4. 1 indian person name Z selling my products online internationally and i m dropshipping that to buyer, should that Z register for GST?

Please advice.

Thanks and regards

PV

Replies (1)

Few queries here - 1. Gst registration need business address so i hv to make rent agreement as home is on dad's name and my dad will be additional tax liable for that rent. How much minimum rent can i specify on rent agreement? How many months agreement needed?

There is no such rule regarding. you can decide upon

2. Usually local shops do not provide receipts and straightforward deny for fabric, reels, thread, etc. That way i can not buy from anywhere with receipt. Or else i can not mention those expences and my profit on paper increase drastically bcoz of lesser receipts. Whats the solution?

Registere under composit GST and file you Income Tax U/s 44AD - in both the case you need not maitain the books of account except for the turnover (i.,e Sales )

3. I hv 1-2 helpers at home who sew fabric products for me and help in packaging. Should i mention those expences? How? As i m registered as sole proprietor. Or any other solution?

As answer of point 2

4. 1 indian person name Z selling my products online internationally and i m dropshipping that to buyer, should that Z register for GST? Please advice.

Sale through electronic forum should be registered under GST 

Thanks and regards PV

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