GST registration exemption for online seller with low turnover to boost e-commerce

Updated: few hours ago

New Delhi, Jun 29 (PTI) The government's decision to exempt suppliers on e-commerce having less than Rs 40 lakh turnover will boost online sales of goods, industry players said on Wednesday.

The GST Council has decided to ease the process for intra-state supplies made through e-commerce portals.

Now such suppliers will not have to obtain GST registration, if their turnover is lower than Rs 40 lakh and Rs 20 lakh for goods and services, respectively. This would come into effect from January 1, 2023.