GST Registration For Small E-Commerce Sellers To Begin Nov 1
The government will introduce a simplified goods and services tax (GST) registration facility for small e-commerce sellers from Nov 1, following recommendations made at the 57th GST Council meeting. As per a report by Business Standard, the necessary system changes were complete and the facility would become operational on the GST portal next month. Notifications and procedural guidelines would…
E-commerce sellers in India will soon have an easier path to obtaining GST registration, starting from November 1, following recommendations from the 57th GST Council meeting. The new system, outlined in a Business Standard report, will allow small businesses to register electronically across state lines, eliminating the need to establish physical offices in each jurisdiction.
Eligible sellers must use an electronic commerce operator (ECO) as their principal place of business and have a monthly turnover of input tax credit (ITC) no greater than ₹2.5 lakh. Applicants must have an existing GST registration in a home state and maintain a physical presence there. The system will require consent from the relevant ECO.
The GST Council will examine Section 16(2)(c) of the CGST Act to ensure buyers can claim ITC despite unpaid taxes, a review expected to conclude within three months. The updated rules could take effect as early as April 1.
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