One person is an affiliate for a foreign website which sells products internationally (for eg. some kind of online course or material, not service) at his own pricing & branding. This person does not deal with inventory or shipping, which is done by the parent website. He only sells it and makes his profit from pricing. The billing is done by the parent company (U.S. based), under his business name. The product does not come to or from India as long as he doesn't sell it in India (Can he?). Is there a need for him to pay GST or even register for GST if his sales exceed the prescribed limit? How can he declare this income in IT-R? Will doing such a business cause any violation in FEMA or other laws?
Sorry for the long descripttion, but this could be interesting. Please try to help. Thanks.
Related business : dropshipping.
CAclubindia
