When a customer buys a product on Snapdeal, the seller would have to raise an invoice in the following manner to comply with GST mandate:
| Nature of Supply | Applicable GST |
| Inter-state supply* | IGST + Compensation cess |
| Intra-state supply** | CGST + SGST + Compensation cess or |
| CGST + UTGST + Compensation Cess |
Tax Implication for Snapdeal
For services provided to a seller, Snapdeal will raise a monthly invoice in the following manner to comply with GST requirements:
| Nature of Supply | Applicable GST |
| Inter-state supply* | IGST + Compensation cess |
| Intra-state supply** | CGST + SGST + Compensation cess or |
| CGST + UTGST + Compensation Cess |
You will be required to raise tax invoice charging the buyer applicable GST on or before the following event.
| For COD order | For Non-COD order |
| Date of confirmation of order | Date of confirmation of order (As per RBI guidelines and other rules, advance payment received from the buyer is transferred to Nodal Account where buyer remains the beneficiary unless the order is shipped by the seller.) |
You will have to pay GST by the 20th of the following month for tax invoices you raise or advance you receive in the current month.
For services provided to sellers, Snapdeal will raise tax invoice charging sellers the applicable GST within the prescribed time-line from the date of shipment of order. GST has to be paid by the 20th of the following month for invoices raised or advance received by Snapdeal in the current month.
Please refer to the table below.
| Revenue Constituent | Place of Supply |
Marketing Fees, Payment Collection Fees, Courier Fees, Reverse Pick-up Fees, Inventory Removal Fees and Insurance Fees |
As per the GST Bill, the place of supply of service would be the location of recipient of service, unless specifically covered under other provisions. Services provided in relation to such fee are not covered under any of the specific provisions. Thus, the point of sale would be the location of service recipient. |
| Storage Cost | Place of supply would be the location of the facilitation centre |
| Advertisement Income | The place of supply shall be location of seller or recipient of service. |
As per Section 13(1) of the GST Bill, time of supply shall be either date of payment or the date of invoice, whichever is earlier. The date of payment shall be the date on which the payment is entered in the books of accounts or the date on which the payment is credited to the bank account, whichever is earlier. In case of continuous supply of service, the invoice should be raised on or before the completion date of the event specified in the contract.
As a seller, you will be required to raise the tax invoice on or before the removal of goods for supply, i.e., date of shipment. Since you have the option to issue invoice before the date of dispatch to the buyer, you can issue tax invoice upon confirmation of order.
The time-lines for payment of taxes under GST regime are stated below.
| Relevant Tax | Date for payment of tax |
GST on outward or inward supplies |
20th of following month |
| TCS collected from e-commerce seller by e-commerce operator | 10th of following month |
| TDS deducted from notified suppliers(if applicable) | 10th of following month |