Financing, tax rates, and accounting
Hi … Should I (India) have GST if I want to sell my paintings on shopify.
Hi @Sneha91,
Thank you for getting in touch. Whether or not you need to register for GST in India depends on a number of factors, and I would encourage you to check out our GST in India FAQ page for more information. There is a section on this page that addresses when you may need to register for GST:
In general, GST registration is mandatory if your business meets any of the following conditions:
- Your turnover in a financial year exceeds Rs 20 lakhs (Rs 10 lakhs for North Eastern and hill states).
- Your business is registered under an earlier law, such as Service Tax or VAT.
- You are involved in inter-state supply of goods.
- You sell on online marketplaces.
Please bear in mind that this is a general guide and not a complete list, and that you should speak with a tax professional if you are unsure of your tax obligations.
I hope this helps but please let me know if you have further questions.
Victor | Social Care @ Shopify
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