Table of Contents
Can I sell online without GST number?
You can sell online without GST only if you sell goods which are exempted. If you sell goods on which GST is applicable, then you has to get GST number to be able to sell online.
Is GST applicable on artificial Jewellery?
In case of imitation jewellery which are also taxable @ 3\% whereas the inputs & raw material like Copper etc….GST on Gems and Jewellery.
Sr. No. | Description of Goods |
---|---|
5. | Jewellery, Goldsmith’ and Silversmiths’ wares and other articles (Chapter 71) |
Can I sell on Amazon if I dont have GST number?
Yes. If you are listing taxable goods, GST details are required to sell online. You need to provide GST number to Amazon at the time of registration. However, if you are selling only GST exempted categories, then this may not be required.
Which items are exempted under GST?
Exempted Goods in GST exemption list
- Food. Fruits and vegetables, cereals, meat and fish, potatoes and other edible tubers and roots, tender coconut, tea leaves, jaggery, coffee beans, ginger, turmeric, milk, curd, etc.
- Raw materials.
- Tools/Instruments.
- Miscellaneous.
What is the GST on imitation jewellery?
3\%
GST rates and HSN code for Imitation Jewellery.
HSN Code | Description | Rate Revision |
---|---|---|
7117 | Imitation Jewellery | 3\% |
7117 | Imitation Jewellery | 0 |
71171100 | Imitation Jewellery – Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs | 3\% |
711719 | Other | 3\% |
What is the GST on jewellery?
A total of 5\% GST is levied on making charges of jewellery, and if you are a registered jeweller, you can claim an input tax credit of 2\% on making charges of the jewellery.
What is the GST rate on diamond jewellery?
HSN Code & GST Rate for Gold, silver, diamond, pearls etc – Chapter 71
Rates (\%) | Products Description | HSN Codes |
---|---|---|
0.25 | Semi-precious stones, unworked or simply sawn or roughly shaped | 7103 |
0.25 | Precious stones (other than diamonds), ungraded precious stones (other than diamonds) | 7103 |
Do I need a tin number to apply for GST?
No its not required of you to possess TIN to apply for GST. The process is simple. Goto http://www.gst.gov.in and click the link”register now”. Fill out the details as required. Note that name and PAN will be valifted with the IT database so provide correct name and PAN numbers.
How to sell on e-commerce sites without VAT and CST?
But fortunately, there are few online marketplaces where you can sell without VAT and CST. Yes, you read right, you can now become a seller in the world’s largest marketplace without registering GST. All you have to do is to simply create a seller account and list both used and new products.
Do I need to register for GST or VAT?
As with VAT, you’ll need to register for GST and the penalties for failing to do so can be significant, so it’s best not to put off registration once you become aware that GST applies to your business. For a little more information about GST (in Australia), check out our article. In many ways, GST and VAT are simply two words for the same tax.
What tax information do I need to provide to sell in Australia?
For resident-Australian sellers only: By providing your Australian Business Number (ABN), you confirm that you are Goods and Services Tax (GST) registered. For resident-Taiwan sellers only: By providing your Unified Business Number (UBN), you confirm that you are Value Added Tax (VAT) registered.