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Is it mandatory to have GST to sell online?
Under GST, all online sellers must register and pay GST. This means that even if you only bring in Rs 1 lakh, you must go online and get a GSTIN. In addition, you’re required to file monthly returns and pay taxes on all qualified sales.
What are the products exempted from GST?
Exempted goods under GST Non-GST goods include fish, egg, fresh milk, etc. Grapes, melons, ginger, garlic, unroasted coffee beans, green tea leaves that are not processed, and more. Food items that are not put into branded containers like rice, hulled cereal grains, wheat, corn, etc. Components like human blood.
Do businesses pay GST?
Do I Need to Pay GST? Businesses with a turnover of at least $75,000 will need to register for GST. In addition, taxi travel, ride-sourcing services and non-profit organisations with a turnover of at least $150,000 also need to pay GST.
Do I have to get a GST number to sell online?
If you sell goods on which GST is applicable, then you have to get GST number to be able to sell online. You have to take GSTIN even if turnover is less than Rs. 20 lakh.
How do I use Instagram shopping for my business?
See if you are eligible to use Instagram Shopping and find a step-by-step guide to set it up for your Business Account here. Tell your customers that they can shop directly on your Business Account. For example, create a story telling your community they can now shop the products they see on Instagram. Tag more than one product in a post.
How to register as an e-commerce supplier under GST?
To register as an e-commerce supplier [ 1] on an e-commerce platform, it is mandatory to apply for a GST Registration and hold a valid GSTIN irrespective of the turnover. An individual person can apply for a GST Registration [ 2] if he plans to sell goods or services online.
What are the requirements to sell on Instagram?
There are a few eligibility requirements you must check off before you start selling on Instagram. You must: Be located in one of these markets. Have an Instagram business or creator account. Sell physical goods that comply with Instagram’s merchant agreement and commerce policies. Connect your Instagram account to a Facebook Business Page.