• Amazon gift card and amazon utilities bill payment business

Iam buy amazon email gifts card Manually and sell it for cash is like business so i need pay gst
Asked 4 years ago in GST

Hi

 

No. There's no GST applicable on trading of such gift cards.

Lakshita Bhandari
CA, Mumbai
5687 Answers
911 Consultations

5.0 on 5.0

Hi,

 

There is no GST applicable on trading of amazon email gifts card.

Payal Chhajed
CA, Mumbai
5188 Answers
289 Consultations

5.0 on 5.0

They are not goods and wont be liable for GST. It's just money in a different form.

 

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you.

Naman Maloo
CA, Jaipur
4273 Answers
97 Consultations

5.0 on 5.0

Dear Sir,

 

Here is my reply to your query:

 

In case your revenue from this purchase and sale is more than 40 lacs in preceding financial year then you have to take the GST registration compulsorily. In case your turnover crosses 40 lacs in any financial year then you have to apply for the GST Registration in the same financial year.

 

Thanks and Regards 

Divya Chugh  

Divya Chugh
CA, Noida
190 Answers
3 Consultations

5.0 on 5.0

Hello,

 

It would be a Non-GST Supply. No need to pay GST on it.

I hope that this answer satisfies your requirements.

 

Regards,

CA Hunny Badlani

Hunny Badlani
CA, Madhya Pradesh
2608 Answers
16 Consultations

5.0 on 5.0

Hello Sir,

 

No, GST is not applicable on such type of gift cards.

Karishma Chhajer
CA, Jodhpur
2450 Answers
29 Consultations

5.0 on 5.0

Dear Sir,

 

GST registration is not required for turnover upto Rs.40Lakhs. So GST is registration is not mandatory. 

 

Thanks and Regards

Praneeth Thunuguntla

Chartered Accountant

Praneeth Thunuguntla
CA, Guntur
56 Answers
1 Consultation

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