Govt defers GSTIN for eCommerce sellers...see this

[buynowindia]

Source: http://www.dnaindia.com/business/report-govt-defers-tds-tcs-under-gst-to-ensure-smooth-rollout-24840...

[oldbookdepot]

Dear hupay problem is that Ebay never followed any law in the first place. There is general rule of e-commerce selling in India that unless you are selling exempted category items, VAT is mandatory. Other sites like Amazon and Flipkart don't let anyone sell without VAT. But ebay disregard this rule for years. That's part of the problem.

As for latest govt relaxation, problem is that how will e-commerce site determine that a seller has less than 20 Lakh turnover. They will certainly won't go by verbal assurance of the seller.

In most likelihood they will ask the seller to get it in written from bank. This in itself won't be easy especially for sellers who are using savings accounts for e-commerce transactions.

[buynowindia]

There is no need of verbal assurance, if the yearly sales of the seller with that ecommerce vendor crosses 20 lacs then ask the seller to provide GSTIN that all.

[hupay]

ebay get intrest in bank , as crores of rupees of seller is hold by ebay , ebay say give GST they will release, were seller dont have GST they will keep hold and make FD in bank of that money ,

ebay can do any think as law in india for these ecommerce is poor.

when government said no GST for small ecommerce seller then also they block payouts,  this some think hit how seller can belive in such site, were ebay dont have any belive in seller 1 % also,. 

we are paid after order is delivered to customer and customer should be happy , also in powershipping the data is match so that seller dont send they personal shipment in powership

[oldbookdepot]

Since govt has only deferred there isn't much hope for the online sellers. I don't think ebay is gonna stop asking for GST.

[sonabhai]

Hope ebay unlock all account whos turnover not 20 lakhs asap 

[oldbookdepot]

How will ebay presume that your turnover is not above 20 Lakhs? There are sellers who sell on multiple platforms.