GST (Central and state GST) is levied as a percentage of the brokerage charged for the transaction. Currently, the rate is 9% CGST and 9% SGST. The stock exchange levies transaction charges for buying and selling of shares at the rate decided by the respective stock exchange.
Do you need GST to sell T-shirts or clothing items on Instagram? ? No, GST is not required to sell on Instagram! ?️
Under the GST rules, exports are recognised as a zero-rated supply, including shipments to special economic zones (SEZ) units and developers. This means GST will not be levied on the outbound supply of any services or goods – and exporters can claim an input tax credit for the product shipped.
Ans. A trader dealing only in exempted goods or where his turnover is below Rs. 20 lakh in the financial tear (but not engaged in inter-state supplies) is not required to register under GST.
Go to official GST portal - and under the services tab, choose Services > Registration > New Registration. On the Registration page, enter all the requested details (including your PAN number), email address and mobile number. After entering the details, click proceed.
No, GST is not required to sell on Instagram!
You can only sell GST-exempt products without a GST number by providing PAN details. For other products, it is mandatory to have a valid GST number to sell on Amazon.in.
You can only sell GST-exempt products without a GST number by providing PAN details. For other products, it is mandatory to have a valid GST number to sell on Amazon.in. I have multiple GST numbers. Which one I should provide to sell on Amazon?