In India, the Goods and Services Tax (GST) is a mandatory tax that applies to most businesses that sell goods and services. However, there are some exemptions and thresholds for small businesses. If you are a small business owner who wants to sell products online without registering for GST, here are some steps to follow:
- Determine your eligibility: If your annual turnover is less than Rs. 40 lakhs for goods or Rs. 20 lakhs for services, you are not required to register for GST. This means you can sell your products online without GST. However, if you cross the threshold limit, you will need to register for GST.
- Choose an online platform: You can choose from a variety of online marketplaces such as Amazon, Flipkart, and Snapdeal to sell your products. These platforms have a large customer base and can help you reach a wider audience.
- Register as a seller: Once you have chosen an online platform, you will need to register as a seller. You will be required to provide your business details such as name, address, and PAN card information.
- List your products: Once you have registered as a seller, you can start listing your products on the online platform. Make sure to provide accurate product descriptions, pricing, and shipping details.
- Collect payments: When customers place an order, you will receive the payment through the online platform. The platform will deduct its fees and commission, and transfer the remaining amount to your bank account.
- Deliver the products: Once you receive the order, you will need to package and ship the products to the customer’s address. Make sure to use a reliable courier service and provide tracking details to the customer.
By following these steps, you can sell your products online without GST. However, if your business grows and you exceed the threshold limit, you will need to register for GST and start collecting tax on your sales.