Drop-shipping

Hi

1. Yes

2. Generally, there is no GST liability. However, there might specific circumstances which we may discuss in detail over a call. GST returns shall have to be filed.

3. Income tax shall be levied on the income.

1. Yes you can use the same company for dropshipping business. 

2. In dropshipping business, there is no physical movement of goods in Indian territory. There is no import or export of goods. No GST is payable either on import or export of goods. As you will do the supplies through the existing GST no., you have to show the export under the exempt supplies.

3. Income tax. 

For more detailed discussion, you may have a phone consultation.

Dear Sir,

Hope you are doing well !!

1. Yes, you can use the same company for dropshipping business. 

2.There is no GST liability but you will have to file GST returns.

3.Income tax.

It is advisable to take a phone consultation for detailed discussion.

Hi

1.Yes

2.You have file GST return.

3.Income tax on your earnings.

Hello,

1. Yes.

2. It is neither export of goods and nor import of goods. No GST would be payable. However, GST REturn would be required to be filed.

3. Income Tax.

I hope this answer satisfies your requirements. 

Regards,

CA Hunny Badlani

Yes, but in dropshipping business you dont need GST number or GST liability.

No.

Just normal Income tax.

I handle few clients who are into drop shipping and we can discuss few points relating to same which could help you over phone consultation.

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

Thank you.

You will not need GST No for Drop Shipping Business. I would advise that you use separate account for drop shipping business so that things are not complicated.

You will have to file returns for your E Commerce business and include dropshipping turnover in exports after filing an LUT.

Income Tax will be applicable on revenue from drop shipping business.