
on 19-02-2015 01:25 PM
I am planning to join powership. I am a new seller so I donot have CST/VAT/TIN numbers. Would that be a huge problem for powership?
I read this thread - http://community.ebay.in/t5/Selling-on-eBay-India/A-few-questions-about-Powership/td-p/70012 it seems it is not a very mandatory thing. But that thread is couple of years old. So I wonder if its still valid?
on 19-02-2015 01:36 PM
on 19-02-2015 04:43 PM
VAT/CST is only applicable if you sold more than 5 lacs goods in financial year. as you are new, you don't need it . once your transaction reach to 5 lacs, applied for that.
on 19-02-2015 06:34 PM
The 5 lac limit is only for VAT and that too varies for different states.
There is no such threshold for CST. Anyone selling a product outside his/her state, has to register for and pay CST.
on 30-07-2016 07:24 AM
on 30-07-2016 07:29 AM