Is GST compulsory in India For drop shipping Business?

Is GST compulsory in India For drop shipping Business?

This is a very frequently asked question by young Indian enterperure . Glad to answer this . Here are the few reasons why you need to obtain GST Number

1- First of all to accept the payments on your web store you need the Payment and all Indian or international payment gateways need GST Number.

2- Without a GST number, you cannot sell on any marketplace like Amazon and Flipkart .

3- Without GST  number you won’t be able to run facebook ads.

4- Without a GST number , you can not contract with any shipping company.

Documents required for GST registration(Sole Proprietorship )

  • PAN card
  • Details and proof of place of business like rent agreement or electricity bill
  • Cancelled cheque of your bank account showing name of account holder, MICR code, IFSC code and bank branch detail

In every city or town , there are several tax lawyers that will help you acquire your GST number for a minimum fee.

 

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