Sales Tax

[specialityretail]

Hello,

I have read somewhere that sellers on eBay especially Powersellers who do business on eBay require a Sales Tax ID or something like that. I saw that most Sellers on eBay US have some kind of Retailer Tax ID.

I would like to know if sellers on eBay India also require Tax ID's

Thank You

[sastaitshop]

Not compulsory for selling items on ebay.in. !! Sunny 🙂
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Age and knowledge don't always come together. Sometimes you just get the age...

[posting.id.in]

Sales Tax is History. The new tax is called VAT (value added tax). unless you live in one of the few states which have not adopted VAT.

VAT is applicable to every manufacturer or trader who annual sales value is over Rs.5,00,000/-.

Selling offline / online is not a distinction. If you feel that you will be doing a business of over Rs.5,00,000/- in an accounting year (April to March) you will need to apply for a VAT no.

Appicable of CST (central sales tax) is a debateable issue but I know some sellers pay 100% CST and other sellers who only play local VAT and no CST.

Infact, if you are thinking of doing an online business (and not a few one off transactions) you should consult a good tax consultant before emarking upon such activity.