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.