Ecommerce Sellers – Do we need to take TIN Number and migrate to GST or should we directly apply for GST Registration?

Ecommerce Sellers – Do we need to take TIN Number and migrate to GST or should we directly apply for GST Registration?

 

Reply to the question 

It is prescribed to take GST enrollment specifically and does not get include in VAT/TIN or administration impose enlistment. This is a direct result of the accompanying reasons: 

New VAT enrollment will take atleast 20 to 30 days which won't be conceivable, in light of the fact that GST will be actualized from first July and your enlistment may get struck between the procedures. 

VAT/TIN enlistment requires settled store or an assurance from existing merchant, henceforth which is pointless obstructing of assets, in light of the fact that GST enrollment does not require any security store or certification from any current merchant. 

VAT/TIN enlistment cost you around 5 to 10 thousand, yet GST enrollment could be gotten for Rs.1,599 (cost substantial till 30th June, 2017). 

Give us a chance to peruse in additionally detail: 

Foundation 

This inquiry is in the brain of each individual who is either needs to begin his work or he offering on online business and have been requested GSTIN number. 

At present, we are in movement stage and consequently, new TIN number enrollment or new administration assess number enlistment isn't suggested in any way, rather either prebook for GST enrollment or hold up till first July, when GST enlistment will begin. 

For what reason not TIN/VAT Registration now? 

The purpose for our recommendation is that no TIN or VAT enrollment will happen in 15 days time. Issuing of enlistment endorsement will take atleast 20 to 30 days time and thus, in that time, VAT law might pass and GST will end up plainly viable and in this way you should sit tight for GST enrollment to come. 

What is GST pre-booking? 

Till now, the new GST enrollment isn't opened by the administration; just temporary GST enlistments are occurring. 

Consequently, we are taking GST pre-booking at a concessional cost of just Rs.1,599 and might give GST enrollment once it is opened by the legislature of India. 

What are the archives required for GST enrollment in India? 

Just four records are required for GST enrollment from your side: 

Photograph of the proprietor/chief/accomplice/Proprietor 

Verification of enlistment like enrollment endorsement, trust deed and so on – Not relevant if there should be an occurrence of proprietorship. 

Power bill and NOC from the proprietor for address on which GST enlistment is to be taken 

Duplicate of crossed out check with name imprinted on it.


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