I am bit confused whether I am liable to pay GST or not. I have a book priced at 300 rs which I will sell online directly from my own website and not any other e-commerce company, It takes 200 rs inclusive of GST to print and ship the books to customer. Now on the balance 100 rs which is my margin. Do I need to pay 18 rs as GST . Some are saying for online business GST on entire selling price is compulsary in which case rs 18 will be deducted from 100. and I will be left with Rs 72 Margin. And If income (ie margin) is above 250000 then there will be seperate income tax on it. In which case I feel I am being double taxed. Or as some have suggested there is no GST for selling books at all (Both Offlne or Online)
Please guide , I am a bit confused.
CAclubindia
