Selling products online has become an essential part of every business today. In India, Meesho is one of the most popular platforms for selling products online. However, one of the challenges
that sellers face
on Meesho is the requirement to have a Goods and Services Tax (GST) number. In
this article, we will guide you on how to sell on Meesho without GST.
Understand the GST Policy
Before we dive into the details of how to sell on Meesho without GST, it is essential to understand the GST policy in India. Goods and Services Tax is an indirect tax that the government has levied on all goods and services in India. It is mandatory for businesses with a turnover of more than 40 lakhs to have a GST registration.
However, there are a few exceptions to this rule. For instance, businesses with a turnover of less than 20 lakhs are exempted from GST registration. Additionally, small businesses that are involved in the supply of goods and services to customers within the state are also exempted from GST.
Use the Individual Seller Account
One way to sell on Meesho without GST is by using the individual seller account. Meesho allows individuals to create a seller account without a GST number. However, there are a few limitations to this approach. For instance, you can only sell products worth up to 50,000 INR per month using an individual seller account.
You will also have to pay a commission of 20% to Meesho for every sale you make through your individual seller account. However, this option can be a good starting point for individuals who are just starting with their online selling journey.
Use a Third-Party GST Registration Service
If you plan to sell products worth more than 50,000 INR per month on Meesho, you will have to get a GST registration. However, getting a GST registration can be a tedious process, and it may take up to a month to get a GST number.
To save time, you can use a third-party GST registration service. These services can help you get a GST number within a few days. Additionally, they can also help you file your GST returns and comply with other GST-related requirements.
Sell Exempted Products
Another way to sell on Meesho without GST is by selling exempted products. Certain products such as books, newspapers, and fresh fruits and vegetables are exempted from GST. If you sell these products on Meesho, you will not require a GST registration.
However, it is important to note that exempted products may not generate as much revenue as taxable products. Therefore, you may have to sell a higher volume of exempted products to make the same amount of money as taxable products.
Conclusion
In conclusion, selling on Meesho without GST is possible by using the individual seller account, using a third-party GST registration service, or selling exempted products. However, each approach has its limitations, and it is essential to choose the one that aligns with your business goals.
Sell on Meesho Without GST
If you plan to sell products worth more than 50,000 INR per month, we recommend getting a GST registration. This will not only help you comply with the GST regulations but also make your business more credible in the eyes of your customers.
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