GST on e-commerce seller
This query is : Resolved
09 August 2021
A Seller residing in India, Buying and selling goods from a rented warehouse in US through Amazon. No Movement of goods from India. Paying for all purchases and receives all sales income in Indian bank Account.
- The sales will be treated as exports or IGST has to be paid?
- The payments made for purchases to US vendors from India Bank account, IGST payable under RCM?
- A separate tax invoice is needed to be prepared, or Amazon US's Invoice is sufficient?
- The sales will be treated as exports or IGST has to be paid?
- The payments made for purchases to US vendors from India Bank account, IGST payable under RCM?
- A separate tax invoice is needed to be prepared, or Amazon US's Invoice is sufficient?
09 August 2021
The sales will not be treated as exports as there is no movement of goods from India. No IGST payable.
As import of goods not happen no IGST payable under RCM.
Amazon US invoice is sufficient.
As import of goods not happen no IGST payable under RCM.
Amazon US invoice is sufficient.
10 August 2021
Thanks sir for the reply, but what if money is routed through Indian Bank Account? The amount received in Indian Bank account from Sales through Amazon in US, and treatment of corresponding purchase payments (Purchases/Sales from US and for US) no movement of goods in / From India, but movement of money (USD) from/to Indian Bank account, it won't be covered in GST?
10 August 2021
Movement of money is not considered for GST, it's only movement of goods and services attract GST.
10 August 2021
Thanks a lot sir for the clarification. It means for GST we need to file NIL returns and under Income Tax we need to pay Tax subject to DTAA with US?
10 August 2021
Yes, you are right.....
10 August 2021
Thanks a lot sir, You really helped me to clear all the doubts and confusions.
11 August 2021
As per Point No.7 of Schedule III of CGST Act, supply of goods from a place in the non-taxable territory to another place in the non-taxable territory without such goods entering into India is considered neither a supply of goods nor a supply of services. It is outside the ambit of GST Act.
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