{"id":21934,"date":"2024-10-17T10:38:11","date_gmt":"2024-10-17T05:08:11","guid":{"rendered":"https:\/\/piceapp.com\/blogs\/?p=21934"},"modified":"2024-12-26T12:52:21","modified_gmt":"2024-12-26T07:22:21","slug":"how-to-get-gstin-number-for-flipkart","status":"publish","type":"post","link":"https:\/\/piceapp.com\/blogs\/how-to-get-gstin-number-for-flipkart\/","title":{"rendered":"How to get GSTIN number for Flipkart?"},"content":{"rendered":"\n<div class=\"wp-block-group has-background\" style=\"background-color:#f2f5f9\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\">Key Takeaways<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Flipkart sellers need GST registration if their turnover exceeds \u20b940 lakhs (goods) or \u20b920 lakhs (services).<\/li>\n\n\n\n<li>GSTIN allows sellers to claim Input Tax Credit (ITC) and reduce tax liability.<\/li>\n\n\n\n<li>Having a GSTIN ensures compliance with India&#8217;s tax laws and boosts business credibility.<\/li>\n\n\n\n<li>GST is applied based on the location of supply, affecting CGST\/SGST or IGST.<\/li>\n\n\n\n<li>Regular GST return filing is mandatory to avoid penalties and maintain compliance.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>For Flipkart sellers, GST registration is crucial to follow India&#8217;s tax laws. GST is applied to every stage of the supply chain\u2014from production to sales. To start, you need a GSTIN, which is essential for listing products on e-commerce platforms. Here you will learn <strong>how to get GSTIN number for Flipkart <\/strong>and other crucial details.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>GST Registration for Flipkart Sellers<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GST-Registration-for-Flipkart-Sellers.png\" alt=\"GST Registration for Flipkart Sellers\" class=\"wp-image-22447\" style=\"aspect-ratio:16\/9;object-fit:cover\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GST-Registration-for-Flipkart-Sellers.png 900w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GST-Registration-for-Flipkart-Sellers-300x169.png 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GST-Registration-for-Flipkart-Sellers-768x432.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>If you are selling goods or services on Flipkart and your annual turnover exceeds the GST threshold of \u20b940 lakhs (for goods) or \u20b920 lakhs (for services), GST registration is required. Flipkart Seller Hub helps online sellers to display and market their products. There is a commission that Flipkart takes from the seller whenever they do <a href=\"https:\/\/sell.amazon.in\/sell-online\/list-your-products\" target=\"_blank\" rel=\"noopener\">product listings <\/a>on the platform. <\/p>\n\n\n\n<p>This fee varies depending on some factors, like the type of product that is being offered in the market. Additionally, an 18% GST is applied to this commission.<\/p>\n\n\n\n<p>GST registration is important for Flipkart sellers as it helps you meet the legal requirements of GST. It manages your tax responsibilities, builds trust among millions of buyers and opens up<a href=\"https:\/\/www.collinsdictionary.com\/dictionary\/english\/growth-opportunities\" target=\"_blank\" rel=\"noopener\"> growth opportunities<\/a>. Therefore, you must understand first how GST relates to a product of an e-commerce business before proceeding to the registration process.<\/p>\n\n\n\n<p>Let us use a T-shirt as an example to see how GST is applied.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Production Stage<\/strong><\/li>\n<\/ul>\n\n\n\n<p>To manufacture the T-shirt, raw materials are bought. For instance, let the cost of these raw materials be \u20b9100 and let there be a tax charge of 12%. The tax on these materials is \u20b912.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Manufacturing Stage<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The manufacturer adds value to the raw materials, say \u20b975, making the total value \u20b9175. GST of 12% on this added value would be \u20b921. However, since the manufacturer has already paid \u20b912 for the raw materials, they only need to pay an additional \u20b99 (\u20b921 &#8211; \u20b912). This illustrates why it is important to grasp how GST is implemented before registering.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Wholesale Stage<\/strong><\/li>\n<\/ul>\n\n\n\n<p>When the wholesaler buys the T-shirt for \u20b9175, they might add \u20b950 to it, bringing the total to \u20b9225. GST at 12% on this new value would be \u20b927. The wholesaler only needs to pay the difference of \u20b96 (\u20b927 &#8211; \u20b921) because they get credit for the tax already paid by the manufacturer. This shows why wholesalers need to understand GST applications before registration.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Retail Stage<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Finally, if the retailer adds \u20b925 to the T-shirt, the final price becomes \u20b9250. GST on this amount would be \u20b930, but since the retailer has already paid \u20b927 in previous stages, they only need to pay an additional \u20b93 (\u20b930 &#8211; \u20b927).<\/p>\n\n\n\n<p>Knowing this process is essential for retailers before performing business registration under GST. For each product sold, a TDS of up to 1% will be deducted from the sale amount and paid to the government. However, GST-registered sellers can claim this amount back every month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>GSTIN Number for Flipkart Seller<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GSTIN-Number-for-Flipkart-Seller.png\" alt=\"GSTIN Number for Flipkart Seller\" class=\"wp-image-22449\" style=\"aspect-ratio:16\/9;object-fit:cover\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GSTIN-Number-for-Flipkart-Seller.png 900w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GSTIN-Number-for-Flipkart-Seller-300x169.png 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/GSTIN-Number-for-Flipkart-Seller-768x432.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>To sell consumer products on Flipkart, you need a GSTIN (Goods and Services Tax Identification Number). This registration requirement is essential because you must collect and remit GST on your sales to the government. Selling on Flipkart opens up access to a broader market for buyers both in India and globally.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Significance of GSTIN for Flipkart Sellers<\/strong><\/h2>\n\n\n\n<p>For Flipkart sellers, having a GSTIN is essential due to<a href=\"https:\/\/www.lawinsider.com\/dictionary\/government-rules#:~:text=Governmental%20Rules%20means%20any%20and,judgments%20of%20any%20Governmental%20Authority.\" target=\"_blank\" rel=\"noopener\"> government rules<\/a> for businesses that sell taxable goods and services. You need GST registration if your sales exceed the prescribed threshold limit. If you only sell exempted goods on Flipkart, you do not need to register for GST. However, if you sell other consumer products, GST registration is required.<\/p>\n\n\n\n<p>Having a GSTIN comes with input tax credit benefits. This means you can reduce the GST you owe on sales by claiming credits for GST paid on purchases, which helps lower your tax bill and improves cash flow. In short, getting a GSTIN is important for Flipkart sellers to follow GST rules, avoid fines and take advantage of GST benefits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Flipkart GST Registration Guidelines<\/strong><\/h2>\n\n\n\n<p>The following mentions the guidelines for GST registration in different situations:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"GST Registration for E Commerce Seller | How to Apply GST Number for Online Selling\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/TwKWhxbkrZY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Already Registered Under GST<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If you have already done GST registration, you can continue as usual. However, if you were initially registered under the composition scheme, you must switch to the regular scheme.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Selling Exempted Goods Only<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If you only sell exempted goods, you do not need to get a GSTIN to register on online selling platforms. GST registration is not required for sellers of exempted goods.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Business Operations Across Multiple States<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If you sell in multiple states, you must register for GST in each state where you make supplies. This ensures you meet the inter-state sales GST registration regulations.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Place of Supply Differing from Office Location<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If the place where your goods are supplied is different from your main office, you need GST registration in the state where the supply takes place.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Place of Supply Guidelines for Flipkart Sellers<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The GST is a destination-based tax, one in which the tax is charged according to the location where the goods or services are being consumed. The place of supply is crucial because it defines the type of tax that you will have to charge. If the place of supply is in the same state of incorporation as the supplier, both the CGST and the SGST are levied. However, if the place of supply is in a different state from the supplier, IGST is levied on the supply of goods and services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>GST Return Procedures for Flipkart Sellers<\/strong><\/h2>\n\n\n\n<p>GST registration streamlines the process of filing periodic returns, making it more convenient for <a href=\"https:\/\/www.investopedia.com\/terms\/e\/ecommerce.asp\" target=\"_blank\" rel=\"noopener\">e-commerce businesses<\/a> to keep accurate records. For Flipkart sellers, GST return filing regularly, both monthly and annually, is essential.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Monthly Returns<\/strong><\/li>\n<\/ul>\n\n\n\n<p>You need to file the returns by the 10th of each month. Moreover, fill out the GSTR-1 Form by providing the description of products and services supplied during the month.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mid-Month Activities<\/strong><\/li>\n<\/ul>\n\n\n\n<p>File the GSTR-2 form, between the 11th and 15th. This application form will include business details of purchased taxable goods and services.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>End-of-Month Procedures<\/strong><\/li>\n<\/ul>\n\n\n\n<p>By the 20th review and finalise the GSTR-3 form. Make any necessary payments by providing your bank account details.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Annual Returns<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Submit the GSTR-9 form by December 31st for the financial year.<\/p>\n\n\n\n<p>Filing of GST returns on time is crucial to avoid penalties and interest. Adherence to deadlines is important to prevent any legal consequences.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Advantages of Having GSTIN for Flipkart Sellers<\/strong><\/h3>\n\n\n\n<p>The following are the advantages of having GSTIN for Flipkart sellers:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Advantages-of-Having-GSTIN-for-Flipkart-Sellers.png\" alt=\"Advantages of Having GSTIN for Flipkart Sellers\" class=\"wp-image-22451\" style=\"aspect-ratio:16\/9;object-fit:cover\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Advantages-of-Having-GSTIN-for-Flipkart-Sellers.png 900w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Advantages-of-Having-GSTIN-for-Flipkart-Sellers-300x169.png 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Advantages-of-Having-GSTIN-for-Flipkart-Sellers-768x432.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Legitimacy and Compliance<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Getting GST registration for the Flipkart store is beneficial to your business as it increases your business\u2019s viability and proves that your business adheres to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Tax_policy\" target=\"_blank\" rel=\"noopener\">tax policies<\/a>. It also ensures the company has trust with its customers as well as ensures compliance with tax regulations.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Input Tax Credit (ITC)<\/strong><\/li>\n<\/ul>\n\n\n\n<p>GST registration has made it possible for business people to recover the Input Tax Credit on business purchases. This assists in the reduction of the GST amount that one owes to the government on sales by applying the same against the credits of the GST charged on the purchases thus easing the tax burden.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nationwide Selling<\/strong><\/li>\n<\/ul>\n\n\n\n<p>A GSTIN allows you to perform inter-state sales and intra-state sales in India without dealing with extra tax issues. It simplifies transactions and ensures business compliance with state-specific tax laws.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Simplified Taxation<\/strong><\/li>\n<\/ul>\n\n\n\n<p>It is due to GST that the taxation process has become very easy as a number of taxes have been merged into one tax. This helps businesses to easily meet compliance with GST laws and also eliminates the cumbersome task of dealing with multiple taxes.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>After you have learned <strong>how to get GSTIN number for Flipkart<\/strong>, you will find that securing this registration is a smart business strategy for e-commerce sellers. It not only increases your credibility and expands your market base but also helps you abide by tax laws.<\/p>\n\n\n\n<p>While it may appear to be more beneficial to sell without the GST, the benefits that come with having the GSTIN tend to overpower any demerits associated with it.<\/p>\n\n\n\n<p class=\"has-ast-global-color-4-background-color has-background\">\ud83d\udca1If you want to streamline your payment and make GST payments, consider using\u00a0<a href=\"https:\/\/piceapp.com\/\">the PICE App<\/a>. Explore the PICE App today and take your business to new heights.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FAQs<\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1729063503632\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Is GST registration mandatory for all Flipkart sellers?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>GST registration is mandatory for Flipkart sellers whose annual turnover exceeds \u20b940 lakhs for goods or \u20b920 lakhs for services. Even if your turnover is below this threshold but you sell taxable goods, it is recommended to register to claim Input Tax Credit (ITC). Sellers of only exempt goods are not required to register for GST.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1729063562377\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How do I apply for a GSTIN to sell on Flipkart?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can apply for a GSTIN through the GST portal (gst.gov.in). You&#8217;ll need documents like PAN, business address proof, and bank account details. Once submitted, the GST department will verify your application, and you will receive a GSTIN number, allowing you to start listing products on Flipkart.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1729063574753\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I sell on Flipkart without a GSTIN?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, Flipkart requires all sellers of taxable goods to have a GSTIN to list products. However, if you&#8217;re only selling exempt goods, you can register on Flipkart without a GSTIN. Not having GSTIN for taxable goods sales can lead to account suspension and penalties from tax authorities.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1729063583523\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is Input Tax credit (ITC) and how does it benefit Flipkart sellers?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Input Tax Credit (ITC) allows sellers to reduce the GST they owe on sales by claiming credit for GST paid on purchases. For example, if you paid GST on raw materials or services for your business, you can deduct this from the GST collected on sales, lowering your tax liability.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1729063591076\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How often do I need to file GST returns as a Flipkart seller?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Flipkart sellers must file GST returns monthly and annually. You will need to submit GSTR-1 for sales data by the 10th of each month, GSTR-2 for purchase data between the 11th and 15th, and GSTR-3 by the 20th for payments. Annual returns must be filed by December 31st for the financial year.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Key Takeaways For Flipkart sellers, GST registration is crucial to follow India&#8217;s tax laws. GST is applied to every stage of the supply chain\u2014from production to sales. To start, you need a GSTIN, which is essential for listing products on e-commerce platforms. Here you will learn how to get GSTIN number for Flipkart and other [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":22445,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-21934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst"],"_links":{"self":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/21934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/comments?post=21934"}],"version-history":[{"count":1,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/21934\/revisions"}],"predecessor-version":[{"id":57107,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/21934\/revisions\/57107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media\/22445"}],"wp:attachment":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media?parent=21934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/categories?post=21934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/tags?post=21934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}