What is the GST amount that Snapdeal will deduct from sellers and can we claim CENVAT credit for it?
Question from: SHIV BHANDAR
TCS would be collected by Snapdeal and deposited to the Government. Amount deducted from the seller payment would be credited into the seller's electronic cash ledger, which means the seller can use it to pay his output liability.
My GSTIN no. is AA060217024xxxx but when trying to upload it, I get this error message 'your GSTIN must be linked with your PAN.' Please help.
Question from: RADHE ENTERPRISES
In case the enrolment process is stalled because of linkage with your PAN, please contact the State VAT authorities and the GST Helpline (0124-4688999) for a resolution.
I am a manufacturer and supplier of women's ethnic and western wear and my turnover is below Rs. 50 lacs, so what HST code shall I use and will that code be different for cotton, polyester and silk garments?
Question from: INDIETOGA SALES CORPORATION
From 1 July, 2017, a default HSN code and GST rate will appear against every SUPC. Mapping has been done on best-match basis in the system.
Seller can either consider the same HSN Code or he shall have the to change it. Same applies to GST rates also.
Where can I enter HSN code in catalog panel?
Question from: Hooziel Technologies LLP
HSN code is required to be entered at the time of listing the product on the Snapdeal portal. This provision will be available on seller panel and you will be notified once this is available.
Do I need to pay TDS in GST every month?
Question from: WHITE CUBE TECHNOLOGIES
Currently no such provision with regards to TDS exists for a seller on the e-commerce portal.
I am a small online seller with turnover of less than Rs.10 lakhs per annum. Should I collect GST on my sales and file returns?
Question from: IWAY WORLD INFOCOM PVT LTD
Yes, all the sellers making supply through Snapdeal would be liable to be registered under GST irrespective of their turnover.
Who is responsible to raise credit note in SD Plus?
Question from: REAL GEMS CORPORATION
The credit note issuance under SD Plus model would be determined by the terms of agreement between Snapdeal and the seller.
What is the GST rate for women's ethnic wear (women's clothing category) and how will GST be calculated?
Question from: Cosmic Eagle Brands Pvt Ltd
For articles of apparel and clothing accessories, knitted or crocheted, of sale value not exceeding Rs. 1000 per piece, the rate is 5%; if greater than 1000, then 12%. GST would be calculated on the transaction value, i.e., value net of discount.
What is the PTC code for my products? I sell women's ethnic and men's shirts and also kids education game sets and ladies handbags. Also in case of returns from customers, how and who raises the credit note? What is HSN code and tax rate applicable for my category? Kindly let me know. Is it necessary to maintain the accounts electronically as I maintain in books. What is 2% tcs applied and how are we suppose to adjust
Question from: TREND BEND
- Please elaborate on the query regarding PTC code.
- Credit note shall be raised by the seller.
- The prescribed accounts and records need to be maintained by the seller. These can be kept in other than electronic form.
- TCS provisions would apply to Snapdeal. It would mean that for every sale Snapdeal would collect and deposit with the Government, a percentage as notified, of the sale proceeds. This amount would be credited to the cash ledger of the seller and can be used for paying tax liabilities.
When a registered taxable person supplies taxable goods or services, which type of invoice will be issued to customers/unregistered dealer, i.e., tax invoice or retail invoice?
Question from: BMS DISTRIBUTORS
Tax invoice is required to be issued under GST.
At present we are selling products on Snapdeal website through SD Plus. In GST registration, we have not added Snapdeal warehouse address in our additional place of business. Now, we can amend in registration after GST implementation.
Can we continue the business with Snapdeal?
Question from:
BMS DISTRIBUTORS
The warehouse address would need to be added to the registration as an "Additional Place of business" under GST.
During GST registration process,under Goods and Services tab it is asked to add at least 5 HSN codes for your products. I search one HSN code and select it, but for adding other HSN codes there is no add button to press for next addition. If I press save and continue, I move to next tab "account details". Hence I am unable to understand how to add 5 HSN codes related to my products. Also please help me with HSN codes for ready-made garments for kids, girls and men.
Question from: Urbane Yogi Lifestyle
In case of any query related to the enrolment process, please contact GST Helpline number(0124-4688999).
Please let me know tax rate for women's handbags (non-leather).
Question from: FORTUNE ENTERPRISES
The current prescribed rate is 18%. Please do check the rates once GST appointed date arrives, as the GST rates are being updated.