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Hence, the seller has to issue the GST invoice to the customer. In fact, the seller is selling the product directly to the customer. These e-comm operators act only as an agent connecting sellers & customers. Secondly, a person who already has a valid GSTIN need not take another registration.
HOW TO CALCULATE GST IN EXCEL REGISTRATION
There is no separate category registration as such. Turnover threshold limit for registration is not applicable for such persons willing to obtain above-mentioned services that is limits of Rs.40/20/10 lakh do not apply.Īlso, these platforms do not allow to register without a GSTIN.Ī person registered under ‘Normal taxpayer’ type can also avail their services.
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Note: In circumstances where certain inputs(amounts) for the calculator are GST-exclusive and certain are GST-inclusive, you may use our GST Exclusive-Inclusive calculator ("") to make all inputs uniform and use this tool.Īlso take a look at the below mentioned, which will be ingrained in your transactions henceforth.Īny person wanting to provide Supplies(Goods/Services) through these e-commerce platforms have to obtain mandatory registration. Our calculator will provide you with the entire summary aforementioned and readily help you with the prices you have to quote, after including GST in it. You only have to enter the price at which you want to sell your Supply (Goods/Service) and the applicable GST rate on it. In situations when you have supplies falling under various tax brackets in a single invoice, our calculator will help you save time on calculating and adding GST component on each product/service individually.
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This calculator has been designed for GST exclusive inputs. Profit Margin Calculator (For GST-Exclusive inputs): This keeps you well informed of your monetary flow even before you approach a seller’s platform for their service. It also gives a breakup of costs involved, tax liability to be discharged, and the amount receivable from the e-commerce portal. Our calculator will consider the financial factors involved in an e-commerce transaction and give you an estimate of your returns. If you are planning to expand your business reach through online platforms, we have designed a tool for you to evaluate your decision. Business transactions through these giants have snowballed, and the GST law ensured to keep a trail. have given medium & small enterprises a large market avenue. The need for advertising in limited space has foregone and platforms like Flipkart, Paytm, Amazon, Udaan, Snapdeal etc. The last decade has provided an opportunity for businesses to expand their client base many-fold. The internet provides a platform for A to Z of goods and services.