I am going to start my e commerce marketplace.
I have heard that as a e-commerce company has to register in each and every state where their sellers are based for 1%TCS collection.
is it true?
What will be GST calculation for such platform.
I just want to understand my business as per accounting and GST prospective.
And looking for consultant who is dealing with this kind of E-commerce business
Asked 5 months ago in GST from Ghaziabad, Uttar Pradesh
Thank You all for your replies.
So for registering in each state company has to open(show) office also or company can apply for GST for TCS from its registered office for other state gst registration?
How total vendor settlement amount will be calculated?
Suppose 1000 Rs is for any product which is sold on marketplace platefor.
Suppose marketplace commission charge is 10%
Payment gateway charge is 2%
Other per sale charge is suppose 20Rs.
Please help me to calculate how much amount company will transfer to Vendor account after deducting all these charges and applicable all taxes?
Asked 5 months ago