As per the GST Act, an Electronic Commerce Seller i.e. E-Commerce Seller is a person who makes the supply of goods or services through a digital or electronic platform owned and managed by an e-commerce operator. The impact of GST on e-commerce seller is summarised in the table below:
|Conditions||1.Person sell goods or services through the e-commerce platform owned and managed by e-commerce operator
2. Payment on sales is collected by the e-commerce operator
|Registration||1. E-commerce seller of goods – Compulsory Registration irrespective of the turnover
2. E-commerce seller of services – Compulsory registration only if the turnover exceeds Rs.20 lacs (Rs.10 lacs for special category states)
|Taxability||Liable to charge GST on the goods or services sold to the customers at the applicable GST Rate|
|Tax Collected at Source (TCS)||Receives payment from the e-commerce operator after deduction of TCS @1% on the value of goods or services sold through their platform|
|TCS Rate||1. Inter-state supplies – IGST @ 1%
2. Intra-state supplies – CGST @ 0.5% and SGST @ 0.5%
|TCS Credit||Can claim credit of TCS collected by the e-commerce operator by filing GST Return on the GST Portal|
|GST Return||1. GSTR-2A – auto-populated return that reflects the TCS credit. The TCS credit is added to the e-cash ledger on the GST Portal
2. GSTR-3B – file on or before 20th of next month for payment of GST charged on sales
3. GSTR-1 – file monthly or quarterly based on the turnover of sales
4. GSTR-9 – file on or before 31st December of the next financial year
* E-commerce seller of goods – Compulsory registration irrespective of turnover
* E-commerce seller of services – Compulsory registration only if turnover exceeds Rs.20 lacs (Rs.10 lacs for special category states)
[Notification no. 65/2017 dated 15.11.17]
No. E-commerce seller cannot avail the benefit of Composition Scheme under GST. They must register as regular taxpayers, collect and deposit GST, file GSTR-3B and GSTR-1 on GST Portal.
Goods/sectors that are out of the GST ambit include alcohol and specified petroleum products like petroleum crude, high-speed diesel, motor spirit, aviation turbine fuel and natural gas. Alcohol for human consumption continues to attract state excise duty and VAT. Tobacco and tobacco-based products attract both excise duty and GST. Taxes such as stamp duty, toll tax, road tax, electricity duty etc. are not part of GST.
Hope this helps!
Customs duty and cess as applicable along with IGST+ GST compensation cess. IGST and GST compensation cess shall be paid after adding all customs duty and customs cess to the value of imports.
Hope this helps!
Continue the conversation on TaxQ&A
1 more reply