GST or Goods and Services Tax came into existence in July 2017 after replacing the then-current taxation policy, GST aims at bringing the uniform tax rate throughout the country, leading to the less complex taxation system and encouraging more and more taxpayers for timely payment of tax. It is a multi-stage tax, by multistage we mean that GST imposed at every stage but is refunded to all the parties in various stages of production GST came into effect from 1st July 2017 replacing the existing taxation system.
Goods and Service Tax (GST) 1 जुलाई 2017 को भारत सरकार द्वारा पेश की गई नई कर सुधार प्रणाली है। इसने भारत में GST नाम के तहत सभी प्रकार के अप्रत्यक्ष कर (indirect tax) को बदल दिया।
Goods and Service Tax (GST) is a new tax launched by Government of India on 1st july, 2020. Gst is the single tax system for all the indirect taxes in India. After the implementation of new tax law which simplified the old income tax systems.
If you want to sell your product on one of the biggest e-commerce platforms like Amazon, then the GSTIN number is compulsory as you need to provide Goods and Service tax to the government. Sell to millions of buyers, on Amazon which is the largest online store, through this e-commerce you can reach millions of buyers from all over the world.
If you want to sell your product on an e-commerce platform like Flipkart, then the GSTIN number is compulsory as you need to provide Goods and Service tax to the government. Sell to millions of Indian buyers on Flipkart which is an online store, through this e-commerce portal you can reach millions of buyers from all over the world. Here we have explained the complete process of GST Registration for Flipkart Seller.