GST Registration for e-commerce company

January 23, 2023

Introduction

If you are looking to sell products on an e-commerce platform either third-party or proprietary, then the GSTIN number is a compulsory requirement. This will help make payments of taxes and tracking easy. In this article, we will walk you through the GST registration process.

Why is it Mandatory to have a GSTIN for an E-commerce Seller?

It is mandatory for businesses carrying a taxable supply of products and services with a turnover of over ₹20 lakhs or ₹10 lakhs in some states must register themselves as normal taxable person under the GST regime.

GST registration is necessary for independent e-commerce sellers and for sellers with listings on third-party e-commerce platforms except for 0% GST category items. 

GST registration also allows the business to avail of benefits like seamless input of tax credits under the GST regime.

How to get GSTIN for an E-commerce seller?

The online process of GST registration for e-commerce sellers is straightforward. You can easily apply for a GSTIN number in just five steps described below.

  1. Visit the GST Registration website
  2. Fill up the GST Registration form
  3. Make the payment of applicable fees for GST registration
  4. One of the GST experts will review your business details, verify your documents, and then process your GST application. This is a step the GST officer has to do and doesn't require you to do anything
  5. In 1 to 2 working days you will receive your GSTIN number via registered mail

GST Return for E-commerce seller

Under the GST regime, returns have to be filed on a monthly basis. The deadline to do this is the 10th of each month. Sellers have to fill out the GSTR-1 form on their GST portal containing details of their supply of goods and services for the month.

The GSTR-2 form has to be filed between the 11th and 15th of the month and contains details about the purchase details of the taxable goods and services and input supplies.

Finally, the GSTR-3 form needs to be validated by the 20th of the month, and make any required payments.

The GSTR-9 form is for annual returns and needs to be filed by the 31st of December of the financial year.

Advantages of registering as an E-commerce seller

  • GST consolidates all the other taxes, which makes inter-state and domestic shipping of products through the country a hassle-free process
  • E-commerce seller also helps the business stay GST compliant and avail credits of the GST regime



Note: Above details are meant for generalized situations and shall not be used as a legal basis for any particular situation readers may have. We do provide tax consultations for specific scenarios and can be reached through our contact us form.



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