Class Stock Online Without Gst Number
Description
How to fill out Terms Of Class One Preferred Stock?
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FAQ
As per the GST law, GST registration is compulsory in case turnover exceeds the threshold limit of INR 20 lakhs (Which is likely to be INR 40 lakhs from 1st April). It won't affect much if you don't get a GST registration for your small business.
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.
Hear this out loud PauseYes, it is compulsory to have a GSTIN (Goods and Services Tax Identification Number) if you are selling goods or services within a state through Instagram and Facebook. The GSTIN is required for all businesses engaged in the supply of goods or services, irrespective of the platform used for selling.
Here is a step-by-step guide on how to sell online without a GST registration: Choose a good or service that is exempt from GST. Select an online marketplace where you can sell such as eBay or Flipkart. Create a seller account on the platform. Make a product listing for it.
It is possible to sell commodities online without a GST number in India, as long as the goods you wish to sell are non-taxable. Selling of taxable goods is possible only with a registered GST number. Even if your turnover annually is below 20 lakhs for taxable goods, you will still need a GSTIN to supply your goods.