GST ISSUE PLEASE HELP

praveen545445 · May 28, 2018

Ok i had started my business recently in amazon i have big major issue do i need to file gst return or not because some people says i need to file & some are saying if you have below 20 lakh turnover then you don't need to file gst i am so much confused & i had sold only two items till now & i checked the tax invoice in that there is no gst taken from customer why ? Its showing 0% so what should i do now ? Please please help me out for this i am going mad for this because someone said me that if i miss gst then i have to pay fine 50 rs per day so please do help me out ecommerce sellers.

awesomewebsites · May 28, 2018

Only a CA can give correct advice. Google search shows that you need it for even below 20 lakh INR.

Nut-Nights · May 28, 2018

You dont need a GST registration. So relax. Here you go Notification No. 65/2017 – Central Tax

praveen545445 · May 28, 2018

Nut-Nights said:
You dont need a GST registration. So relax. Here you go Notification No. 65/2017 – Central Tax

But amazon need gst registration to sell item & i had given them so what's next do i need file or not ?

Array Experts · May 28, 2018

You don't need gst registration if your annual turnover is less than 20 lakh but if you are registered under gst than you have to pay gst even if your 1 INR business

praveen545445 · May 28, 2018

Array Experts said:
You don't need gst registration if your annual turnover is less than 20 lakh but if you are registered under gst than you have to pay gst even if your 1 INR business

I registered because amazon asked that for but when i print tax invoice it showing 0% gst rate why ? Then how can i file ?

BlogPro · May 28, 2018

20 lac is a blanket umbrella statement. Everyone should consult a proper CA and only then move forward.

See this link - you fall in three categories below and hence needed to register under GST, under the original law. See modification below.

https://cleartax.in/s/taxable-person-gst

Anyone who drives inter-state supply of goods
E-commerce operator or aggregator*
Person who supplies via e-commerce aggregator

If you have furnished your GST details to amazon and your invoices are still without GST, you need to get in touch with Amazon ASAP.

As per 23rd GST Council Meet on 10th November 2017

Service providers providing services on e-commerce platforms are exempted from registration if their annual turnover is below 20lakhs (10 lakhs for Special states. 20 lakhs for J&K)

^^

So until you reach 20 lac, you should be fine.

But remember, if you collect GST at any point of time, you're liable to pay it and file a return immediately.

So if Amazon isn't showing it on invoices, it could be due to low turnover. If you've collected GST, you HAVE to file a return and pay it, or else it becomes a crime.

BlogPro · May 28, 2018

praveen545445 said:
I registered because amazon asked that for but when i print tax invoice it showing 0% gst rate why ? Then how can i file ?

You have to file what is called a NIL GST Return. Stating that you don't owe any taxes.

But since you're registered, you HAVE to file returns or you risk an audit of your books, which is never pretty.

Array Experts · May 28, 2018

BlogPro said:
20 lac is a blanket umbrella statement. Everyone should consult a proper CA and only then move forward.

See this link - you fall in three categories below and hence needed to register under GST, under the original law. See modification below.

https://cleartax.in/s/taxable-person-gst

Anyone who drives inter-state supply of goods

E-commerce operator or aggregator*

Person who supplies via e-commerce aggregator

If you have furnished your GST details to amazon and your invoices are still without GST, you need to get in touch with Amazon ASAP.

As per 23rd GST Council Meet on 10th November 2017

Service providers providing services on e-commerce platforms are exempted from registration if their annual turnover is below 20lakhs (10 lakhs for Special states. 20 lakhs for J&K)

^^

So until you reach 20 lac, you should be fine.

But remember, if you collect GST at any point of time, you're liable to pay it and file a return immediately.

So if Amazon isn't showing it on invoices, it could be due to low turnover. If you've collected GST, you HAVE to file a return and pay it, or else it becomes a crime.

1. Relaxation is only for gst registration not for filling gst return you have to file return each month if you are registered under gst.
2. If you're not collecting gst from your customers still you have to pay gst

for example my product cost is 100 INR & it's land under 18% gst product category than total cost including gst= 118 INR
if i sell that product at 100 INR & don't collect GST from customer than it will be considered as price included gst=100 INR

in both case you have pay gst

@praveen545445 bro consult with CA

praveen545445 · May 28, 2018

BlogPro said:
20 lac is a blanket umbrella statement. Everyone should consult a proper CA and only then move forward.

See this link - you fall in three categories below and hence needed to register under GST, under the original law. See modification below.

https://cleartax.in/s/taxable-person-gst

Anyone who drives inter-state supply of goods

E-commerce operator or aggregator*

Person who supplies via e-commerce aggregator

If you have furnished your GST details to amazon and your invoices are still without GST, you need to get in touch with Amazon ASAP.

As per 23rd GST Council Meet on 10th November 2017

Service providers providing services on e-commerce platforms are exempted from registration if their annual turnover is below 20lakhs (10 lakhs for Special states. 20 lakhs for J&K)

^^

So until you reach 20 lac, you should be fine.

But remember, if you collect GST at any point of time, you're liable to pay it and file a return immediately.

So if Amazon isn't showing it on invoices, it could be due to low turnover. If you've collected GST, you HAVE to file a return and pay it, or else it becomes a crime.

BlogPro said:
You have to file what is called a NIL GST Return. Stating that you don't owe any taxes.

But since you're registered, you HAVE to file returns or you risk an audit of your books, which is never pretty.

Thanks for the info now i understood

BlogPro · May 28, 2018

Array Experts said:
1. Relaxation is only for gst registration not for filling gst return you have to file return each month if you are registered under gst.
2. If you're not collecting gst from your customers still you have to pay gst

for example my product cost is 100 INR & it's land under 18% gst product category than total cost including gst= 118 INR
if i sell that product at 100 INR & don't collect GST from customer than it will be considered as price included gst=100 INR

in both case you have pay gst

@praveen545445 bro consult with CA

That is exactly what I said in my other reply.

praveen545445 · May 28, 2018

Array Experts said:
1. Relaxation is only for gst registration not for filling gst return you have to file return each month if you are registered under gst.
2. If you're not collecting gst from your customers still you have to pay gst

for example my product cost is 100 INR & it's land under 18% gst product category than total cost including gst= 118 INR
if i sell that product at 100 INR & don't collect GST from customer than it will be considered as price included gst=100 INR

in both case you have pay gst

@praveen545445 bro consult with CA

Thanks ok i wil do contact ca

RankBoss · May 28, 2018

I contacted my CA when GST is implemented. He said it's not required for you. It's only for businessmen who earn above 30 lakhs. When it comes to Amazon you need to contact the customer service directly to sort out this issue.

BlogPro · May 28, 2018

RankBoss said:
I contacted my CA when GST is implemented. He said it's not required for you. It's only for businessmen who earn above 30 lakhs. When it comes to Amazon you need to contact the customer service directly to sort out this issue.

Where did the 30 lakh figure spring from? That is not at all accurate.

Array Experts · May 28, 2018

RankBoss said:
I contacted my CA when GST is implemented. He said it's not required for you. It's only for businessmen who earn above 30 lakhs. When it comes to Amazon you need to contact the customer service directly to sort out this issue.

it's required or not it's the concern of op his concern is what after gst registration. You really need to change your CA 30 lakh never announced by GST council

praveen545445 · May 29, 2018

I am more confused now but let me contact ca first

RankBoss · May 29, 2018

BlogPro said:
Where did the 30 lakh figure spring from? That is not at all accurate.

Array Experts said:
it's required or not it's the concern of op his concern is what after gst registration. You really need to change your CA 30 lakh never announced by GST council

LOL. Guys you need to read carefully. I said when ths time gst implemented. GST system is new to India but its already in many other countries he said that by referring other countries and OP asking about amazon not gst.

if you have a good CA you can evade tax even if your turnover is over 1 crore (for quoters I am talking about tax not specific gst)

BlogPro · May 29, 2018

RankBoss said:
LOL. Guys you need to read carefully. I said when ths time gst implemented. GST system is new to India but its already in many other countries he said that by referring other countries and OP asking about amazon not gst.

if you have a good CA you can evade tax even if your turnover is over 1 crore (for quoters I am talking about tax not specific gst)

We have read as carefully as can be, you're the one spreading misinformation.

There is no reason for your CA to refer to "other countries" - your place of business is India and only Indian rules will apply. Also, no other country has a "30 lakh limit" - so your answer is still invalid.

OP asked about GST, then mentioned his business as Amazon. You answered about GST. Even with Amazon, the "30 lakh" thing never occurs.

Also, you hire a CA to save taxes and optimize your accounts to make the best possible payments. Tax evasion is illegal. You don't hire a CAs services to evade taxes.

praveen545445 · May 29, 2018

BlogPro said:
We have read as carefully as can be, you're the one spreading misinformation.

There is no reason for your CA to refer to "other countries" - your place of business is India and only Indian rules will apply. Also, no other country has a "30 lakh limit" - so your answer is still invalid.

OP asked about GST, then mentioned his business as Amazon. You answered about GST. Even with Amazon, the "30 lakh" thing never occurs.

Also, you hire a CA to save taxes and optimize your accounts to make the best possible payments. Tax evasion is illegal. You don't hire a CAs services to evade taxes.

But somewhere i think he is right because i asked an experienced accountant he is also going to CA also he has also worked in 5 multinational company so he has experience on it he told me that (suppose if i purchased a tshirt & i get invoice including gst but i didn't given my gst number to them for my gst benefit & i sell them to customer without charging gst then there will no entry for that in gst so i don't have to pay anything & no entry will be showed in my gst also) plus he told me till 20 lakh turnover there is no issue with no entry or you can entry nill also

GST ISSUE PLEASE HELP

Senior Member

Elite Member

Elite Member

Senior Member

Elite Member

Senior Member

Elite Member

Elite Member

Elite Member

Senior Member

Elite Member

Senior Member

Senior Member

Elite Member

Elite Member

Senior Member

Senior Member

Elite Member

Senior Member

Main Menu

Marketplace

Making Money

BlackHat World