How to Add GST Number and Claim GST on Amazon: A Step-by-Step Guide

GST has transformed India's e-commerce taxation system, making it more seamless and transparent. This article covers ste­ps to include a GST number in Amazon, along with claiming GST on an Amazon business account.

How is GST charged on selling and buying over e-commerce operators?

GST applicability categorises sellers into three groups. The initial group comprises those selling goods, necessitating GST registration regardless of turnover falling below the Rs. 40/20/10 lakh limit. The second category includes the sellers providing services other than those mentioned in section 9(5), and the GST registration becomes mandatory if the turnover is more or less than Rs. 20/10 lakh. The GST registration is exempted for the third category, providing services under Section 9(5). Buyers pay the listed price inclusive of GST and can claim input tax credits on business accounts with registered GST numbers.

How to add GST number in Amazon?

Here are the steps on how to add GST number in your Amazon Business account:

1. Go to the Amazon Business website and log in using your credentials.

2. Click on your name or account icon in the top right corner.

3. Select "Business Settings" from the drop-down menu.

4. Locate the "GST" section within the Business Settings page.

5. Click on the "Manage GST" button.

6. Click on the "Add GST number" button.

7. Enter your GST number (15-digit alphanumeric code).

8. Provide the corresponding legal business name and address.

9. Select the state where the business operates.

10. Click "Save."

11. All registered GST numbers will be displayed under "Manage GST."

12. To edit a GST number, click on the "Manage" button next to it.

13. You can update the address, phone number, or delete the GST number if needed.

How ITC claims work when one buys on Amazon?

To claim tax benefits on Amazon purchases, make sure you have a valid invoice, reported your GSTIN, and the supplier has paid the appropriate tax. Furnish your monthly return on time, and if you're an Amazon Business customer with GST registration for one state, you can claim credit for orders delivered across India without needing the GSTIN of the shipping state. Amazon will automatically use your registered place of business's billing address in the GST invoice by default, simplifying the process for claiming the tax credit

In conclusion, having a thorough understanding of GST intricacies is essential for both sellers and buyers on Amazon. Whether it's learning how to add GST number in Amazon, or comprehending how to claim GST on Amazon business account, this knowledge is indispensable for all involved parties.

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