• Login

  • Login
• 

Tag Archive: GST plugin for WooCommerce

1. How will GST affect online sellers on e-commerce platforms?

   June 16, 2023 11:37 am Comments Off on How will GST affect online sellers on e-commerce platforms?

   The advent of e-commerce platforms has revolutionised how businesses operate, allowing entrepreneurs to reach a global customer base with relative ease. However, with the implementation of Goods and Service Tax (GST) in many countries, including India, the online seller faced new challenges.

   Following the GST’s implementation in India, we adhere to the One Nation – One Tax principles. In India, 17 different indirect taxes must be paid before 2017.
   All goods and services are uniformly taxed across the nation under the GST system. The amount of taxes that businesses were required to pay has significantly decreased. You can manage all tax information online for your WooCommerce store with the GST plugin for WooCommerce.

   In this blog, we will explore the impact of GST on online sellers and provide valuable insights for e-commerce platforms to assist their sellers in navigating this tax landscape.

   Increased Compliance Burden

   GST brings the online selling community under the ambit of tax authorities, making compliance an essential aspect of their operation. Online sellers are now required to register for GST, file regular returns, and maintain proper records of their transactions. E-commerce platforms can support sellers by providing user-friendly tools and automated systems that simplify the compliance process, ensuring sellers can focus on their core business activities.

   Determining GST Liability

   One of the crucial aspects of GST for online sellers is determining their GST liability accurately. They involve the identification of the correct rate for their product, considering the place of supply rule, and understanding various exemptions and thresholds. E-commerce platforms can collaborate with tax experts to develop comprehensive guides and training materials to educate sellers about GST implications, helping them make informed decisions regarding their pricing strategies and product offerings.

   Impact on Price and Profitability

   GST can have an impact on the pricing and profitability of online sellers. While the input tax credit mechanism allows sellers to claim credit for taxes paid on their business expenses, it is essential to ensure that the increased compliance costs and potential changes in tax liabilities do not erode their profitability. E-commerce platforms can work closely with sellers to analyze the impact of GST on their pricing structures, offering guidance on maintaining competitiveness while remaining compliant. This plugin can help you in managing the price and profit. This plugin simplifies the process of calculating GST tax in WooCommerce.

   Supply Chain Management

   E-commerce platforms play a vital role in the supply chain management of online sellers. With the implementation of GST, sellers need to review and restructure their supply chain processes to ensure compliance and minimize potential disruptions. Platforms can assist sellers by facilitating collaborations with logistics partners and providing tools to track and manage the movement of goods, ensuring seamless operations while complying with GST requirements.

   Tax Collection at Source (TCS):

   Certain jurisdictions have introduced the concept of Tax Collection at Source (TCS) for e-commerce transactions. Under this mechanism, e-commerce platforms are responsible for collecting and remitting the applicable GST on behalf of the sellers. Platforms must develop robust systems to calculate and collect the TCS accurately, simplifying the process for sellers and ensuring compliance with tax regulations.

   A GST on e-commerce businesses will simplify taxation

   The procedures for submitting taxes have also been significantly changed by the introduction of GST. Owners of online stores today don’t have to stress about lengthy correspondence with tax authorities, delays, differences between state governments, etc.

   Now, all compliances can be completed online.

   The Indian government has created GST gateways that allow eCommerce business owners to:

   Online registration is possible through specialised apps offered by GSTN and ST Suvidha Providers.

   Instead of tracking them all at the end of the fiscal year, upload invoices immediately.

   Self-declaration forms are used to submit refund claims online.

   Every process has a planned and standardised timeline since every process is digitalized and automated.

   GST Challenges for E-Commerce Marketplace Sellers

   The Complexity of GST Rules

   The intricacy of GST regulations may make it challenging for online marketplace vendors to comprehend and adhere to them, which can result in mistakes and fines.

   High compliance expenses:

   The GST mandates that merchants on e-commerce marketplaces register, file returns, and pay taxes regularly, which might raise their compliance expenses.

   Lack of IT (Information Technology) infrastructure:

   E-commerce marketplace vendors could not have the needed IT setup to abide by the digital system for billing and filing returns as required by GST.

   Difficulty in claiming input tax credit:

   Since they might not have the necessary paperwork or invoices to back up their claim, e-commerce marketplace sellers may encounter difficulties when claiming an input tax credit.

   Difficulty in understanding the GST rates:

   The different GST rates for various goods and services may be confusing to e-commerce marketplace vendors, which can result in mistakes with WooCommerce GST invoice
   and tax payments.

   Difficulty in dealing with multiple tax authorities:

   GST makes it necessary for e-commerce marketplace sellers to communicate with numerous tax authorities, which can be tedious and confusing.

   To overcome all these challenges install WooCommerce GST Plugin for your online store.
   This GST plugin can automatically calculate GST and generates an invoice with GSTIN and HSN number. You can generate customised invoices with your store logo and company name.

   Conclusion:

   The introduction of GST undoubtedly poses challenges for online sellers on e-commerce platforms. However, with the right support and guidance from the platforms, sellers can navigate this tax landscape effectively. By offering user-friendly compliance tools, educating sellers about GST implications, and facilitating streamlined supply chain management, e-commerce platforms can empower their sellers to thrive in the era of GST, fostering a vibrant and compliant online selling ecosystem.
   Remember, a collaboration between e-commerce platforms, online sellers, and tax experts is crucial to understanding the nuances of GST and ensuring a smooth transition to the new tax regime. By embracing this collaborative approach, e-commerce platforms can reinforce their position as valuable partners for online sellers, helping them harness the opportunities presented by the digital economy while complying with tax regulations.

2. The Top 7 WooCommerce Tax Plugins to Make Your Taxes Simpler

   May 19, 2023 9:01 am Comments Off on The Top 7 WooCommerce Tax Plugins to Make Your Taxes Simpler

   As an online store owner, it is crucial to stay on top of the taxes. Tax can be complicated and the last thing you want is to make a mistake that can cost you a lot of money. That’s where WooCommerce Tax Plugin comes in. This plugin can help you to calculate taxes, generate invoices, and simplify tax processes.

   Here are the Top 7 WooCommerce

    Tax Plugin to make your taxes simpler

   1) TaxJar:

   

   It is a SaaS tool that helps with automatic tax calculations. It will provide you with accurate tax calculations irrespective of traffic and workload on your site. This plugin doesn’t just help you to calculate what tax to collect from the state, it also helps you to automatically file state sale tax in the state where you owe taxes which is useful for USA stores. 

   It is very difficult to calculate the economic nexus for businesses located in the US however, the TaxJar WooCommerce tax rate plugin makes it simple. 

    

     2) WooGST Plugin:

   

   WooCommerce GST Plugin is the only product capable to print direct invoices in runtime. This WordPress tax plugin helps you to manage GST tax for your online store. By choosing this plugin you can easily access a high number of orders, with a growing business it becomes difficult to handle taxes for different orders and according to states. However, WooGST Plugin helps you to assign taxes to different products at the time of initial set-up at one, which later becomes easier for billing. It automatically generates tax slabs with IGST, CGST, and SGST. It also supports UTGST (Union Territory Goods and Service Tax).

   WooGST plugin provides an HSN code meta field for the product’s unique code in a general setting of the product. 

    

     3) Tax Exempt For WooCommerce:

   

    As the name suggested this plugin is useful in tax exemption criteria. If you want to provide tax exemption for selected customers you can use this plugin. This WordPress tax plugin comes with a customizable form that can display on your store, so that customers can request tax exemption through that form. 

   The Plugin provides a checkbox on the checkout page for tax exempted customers. Furthermore, the plugin also offers the option of tax-exempt for store admin from the backend. 

     

     4) YITH WooCommerce EU VAT:

   

   It is EU based WooCommerce Tax Rate Plugin. It helps you to add the correct VAT rate depending on the store’s country. According to EU rules B2B and B2C businesses have different tax rates, which can be managed by this plugin solution. If any customer prevents purchase plugin will help you to display a customised massage to the customer. Also if your IP address and shipping address do not match this plugin will ask you to confirm your address. 

    

     5) WooCommerce AVA Tax:

    

   

   This WooCommerce billing plugin will integrate your WooCommerce store with Avalara Ava Tax. you can able to automate sale tax calculations for the WooCommerce store for each purchase. Moreover, it also supports tax filing and returns. You can automatically get the tax rate depending on the location of the customer and store. In addition to this, you will get a free sales tax risk assessment that will determine the sales nexus created by the business. 

     

     6) Quaderno:

   

   If you’re seeking ways to automate sales tax computations on your WooCommerce store, you may also take a look at Quaderno. It will spare you the trouble of having to figure out the appropriate tax amount for transactions and invoices. The customer’s location and the items in their shopping cart will be used to determine the tax in real-time. This implies that you won’t need to upload various tax rates for various places. Utilising this plugin, you can adhere to the tax regulations of several locations, like the US, Canada, EU, and Australia.

     

     7) WooCommerce Taxamo:

   

   Taxamo primarily targets WooCommerce shops that sell digital products. The plugin gathers data on the customer’s location and employs it to instantly determine the tax rate on a purchase. In order to incorporate tax in the price of the goods without interfering with the user’s purchasing experience, connect Taxamo to your eStore. Every time a customer reaches the shopping cart, the plugin requests data from WooCommerce and sends VATMOSS for the selected product back to WooCommerce. Customers are able to examine the tax associated with a product before making a purchase as a result. 

    

    

   In conclusion, taxes can be complicated, but with the right WooCommerce tax plugin, you can make the process simpler. The plugins listed above can help you calculate taxes, generate reports, and comply with tax regulations. Choose the one that best suits your needs and make tax time a breeze.

3. 4 Reasons Woo GST Is Trusted The Most In WooCommerce Plugin Store

   July 5, 2022 1:19 pm Comments Off on 4 Reasons Woo GST Is Trusted The Most In WooCommerce Plugin Store

   WooCommerce has brought many businesses on the digital platform. But, what has brought success to them are the plugins from the WooCommerce plugin store. Here, we are to talk about one of those efficient plugins that build an ever-evolved website. The plugin is called Woo GST and is a GST plugin for WooCommerce.

   What does it do? WooCommerce GST plugin is a GST invoice plugin that deals with the GST calculations of your WooCommerce store and autogenerates the invoice. It has grown popular among business owners and has gained a lot of trust over the years. Know the reasons behind this growth here, in this blog. Let’s get started.

   1. Exclusive Features of WooCommerce GST Plugin

   Woo GST brings ease to the GST calculations and also replaces the billing software. Check out its exclusive features to understand it better.

   Configure GST settings

   In GST Configuration, one can customise the invoice by adding the logo, store name and address. A note can be added in the footer which will appear in the PDF format of an invoice.

   Add your own TAX slab

   After the successful activation of the plugin, one can easily add single or multiple tax slabs (CGST, SGST and IGST), depending on the need and type of product. Also, they can be updated from time to time. 

   Built-in Invoice Features

   Along with calculating the tax slabs, it also auto-generates customised invoices for every purchased product in PDF with GSTIN and HSN number. Here are the types of sample invoices Woo GST offers – 
   

   • Pro forma invoice
   • Interim invoice
   • Final invoice
   • Past due invoice
   • Recurring invoice
   • Credit memo
     

   Check out the formats of these sample invoices 

   GST Enabled WooCommerce

   Being the only GST plugin in the WooCommerce plugin store it can be configured with the WooCommerce platform only provided the merchant sells online products or services. 

   Easy Upload and Install

   • Download Plugin
     Direct download from the website without any hassle and add the new plug-in in WooCommence.
   • Activate the plugin
     The license key for activation will be received via email. To activate the plugin, navigate to GST Setting and add the license key in the text field.
   • Configure the Tax Slabs
     Add single or multiple tax slabs (CGST, SGST and IGST).
   • Customise invoice
     Customise the invoice as mentioned previously. 

   Product-wise GST

   One can configure the different tax slabs depending on the type of product as per the GST norms through this GST plugin for WooCommerce.

   2. Authenticity and Reliability 

   A poor user experience can make the WooCommerce Plugin Store suffer. When it comes to billing the placed order, it is like the final destination and an error there can sometimes result in cancelled purchases. 

   GST plugin for WooCommerce rescues you from such threats. As the other plugins help enhance your WooCommerce plugin store, Woo GST helps it survive with its ever-evolved user experience making it reliable and 100% authentic. 

   3. Error-free efficient performance

   In the world of automation, the focus is observed to be on minimizing the human-error. Accountancy has a whole section of rectification of errors to rectify the errors that occurred due to humans. But, reworking the same data consumes a lot of time and effort. Though the printed invoice is a digital invoice, inserting the data and the calculations don’t take place digitally. 

   Here, it’s just about configuring the billing settings i.e GST settings once or updating the changes after new provisions, and all the calculations will take place automatically to generate an error-free invoice.

   4. Customers love us

   We serve all you need regarding the Indian GST structure along with customising tax slabs for WooCommerce Plugin Store and have been serving with constant efficiency for the past 4 years. We take a bit of a load of responsibilities on your shoulder as an online business owner and provide ease and accuracy in the billing. 

   Here are the highlights of why the WooCommerce GST Plugin is loved by our customers – 

   • Configure GST settings as per the norm
   • Dynamic Tax Slabs
   • Capture customer GSTIN Number
   • Customise Invoice
   • Auto-generate PDF invoice

   What else does a WooCommerce business expect from the billing system? Let us know. We are adding more features and have always been looking up for betterment if we have ever failed to deliver the up-to-the-mark performance. 

   If not, download this easy and powerful plugin to manage the GST for your WooCommerce plugin store and push your business to the next level.

4. Why One Should Switch To Smart Invoicing with WooCommerce GST Plugin

   February 11, 2021 11:04 am Comments Off on Why One Should Switch To Smart Invoicing with WooCommerce GST Plugin

   Smart invoicing has become the most sought-after method for following up on your orders along with taxation. Of course, it adds the burden of GST calculations and keeping track of records of all the incoming orders.
   
   Basically, an invoice is a time-stamped business report that details and registers a transaction between a customer and a seller. If goods or services were to be obtained on credit, the description usually defines the terms of the transaction and presents data for the convenient means of payment.
   
   Now, preparing a detailed invoice can be a tedious task. But, WooCommerce GST will generate a full-fledged professional invoice for you in a matter of seconds. Plus the bonus is – automatic GST calculations! The only thing you need to do is add the accurate tax slab according to your requirement.

   What to include in an invoice?

   

   There are various pointers one can add to an invoice. Here’s a list of conventional ones.

   • Standout Header

   This may seem very generic, but sometimes one needs to focus on the header as it will help you keep track of all your invoices.

   • Invoice Reference Number

   Invoice Reference Number also known as IRN is a unique number assigned by Government to track and recognize each valid Smart Invoice formed in India. The IRN was implemented on 1st October 2020.

   • Invoice Date

   A date is used as a time-stamp on an invoice and is issued for goods, which is usually sent on the same day the goods are sent to the buyer. The actual payment may or may not be due for a certain number of days after the invoice date.

   • Business Logo

   A logo adds a professional look to your overall invoice and gives customers a vibe of trust when making payments. With WooCommerce GST Plugin you can do just that, you can add your company logo immediately to every invoice.

   • Business Contact Information

   It’s quite necessary to add your basic contact information; this allows your customers to stay in touch with you. Hence don’t forget to add in your mail, address, contact number or any other details.

   • Products / Services Rendered

   Always make it a point to add in a brief description regarding your product or services. This gives the customer a quick glance at what exactly they have purchased and helps you keep track of sold products.

   • Price / Quantity

   Adding in the price and quantity is the basic; hence you will always find this on all the invoices.

   • HSN Number

   Harmonized System of Nomenclature also known as HSN code is a 6-digit uniform code that arranges 5000+ items and is acknowledged around the world.WooCommerce GST is the only GST calculator that provides a Meta field for ‘HSN Code’.

   • Applicable Taxes Or Discounts: GST (SGST, CGST, IGST)

   

   The invoice always has slots for taxes, discounts, and any other additional charges. Make use of this space and create a detail-oriented document.

   • Total Due And Due Date

   To add in another section, you can follow it up by the total due and the due date. This will help you keep a record of all the debts and due dates.

   • Notes, Comments And Payment Terms

   This one totally depends upon your business rules and regulations. But make use of this space as it helps the customer understand your company policy better.

   • Add A Unique Message

   Make it customizable and genuine, this is where you start building bonds with your customers.

   Note: Select a practical invoice numbering system; it will help you to record all your invoices properly.

   Many times as a business owner, you might feel that the presentation of an invoice won’t matter as much. But in reality, it actually helps you maintain a lasting impression on your clients.

   The principal importance of an invoice is to present a company and its customer with a report of the sale. It follows a particular direction in company accounting: invoices exhibit a client’s responsibility to pay you for your services.

   To sum up – it’s crucial to understand how invoices can benefit a business in numerous ways in accordance with a client. First and foremost establish a clear connection with your client. Start by including project specifics, late payment terms, asking for deposits, and sending the invoice online.

   Be prompt with the deliverance of your invoice, to speed up the process use retainer contracts with recurring billing.

   For faster results, use smart invoicing software, you can get a GST invoice by opting for our WooCommerce GST Plugin. You will be provided with IGST calculated invoices as well, provided you are using the GST Plugin for WooCommerce. This will help you with invoicing international clients and building strong relations over time.
   
   

5. Who can apply for GST

   February 10, 2021 3:11 pm Comments Off on Who can apply for GST

   Who can apply for GST?

   What is GST?

   GST Enrollment is a procedure by which a taxpayer gets himself enlisted under GST. When one enlists the business effectively, there is an allotment of a special enrollment number to them known as the Goods and Services Tax Identification Number (GSTIN). This is a 15-digit number appointed by the focal government after the citizens acquire enlistment.

   In case you are working from more than one state, at that point, you should take separate enlistment for each state you are working from. For online merchants, there are several GST plugins as well as GST Calculators to make things easy.
   
   Presently, you should be contemplating whether each business is needed to enrol under GST? We should comprehend GST enrollment and its system in detail.
   
   All the organizations providing merchandise whose turnover surpasses Rs 40 lakh in a monetary year are needed to enlist as a typically available individual. Be that as it may, as far as possible is Rs 10 lakh if you have a business in northeastern states, J&K, Himachal Pradesh, and Uttarakhand.
   
   As far as possible is Rs 20 lakh, and if there should be an occurrence of unique class States, Rs 10 lakh, for the specialist organizations.
   
   Additionally, here is the summary of specific organizations that require GST enlistment regardless of their turnover:

   1. Easygoing available individual/Input Service Distributor (ISD) 
   2. Non-inhabitant available individual 
   3. Between state providers of merchandise and ventures
   4. Provider of merchandise through an online business entry 
   5. Any specialist organization 
   6. Obligated to pay a charge under the converse charge system 
   7. TDS/TCS deductor 
   8. Online information access or recovery specialist cooperatives
   9. What are the archives required for GST enlistment? 
   10. Investigate the rundown of archives that you will require for enlisting your business under GST- 

   Document required for GST

   Step 1: Go to the GST Portal. 

   Step 2: Generate a TRN by Completing OTP Validation. 

   It shows the new GST enrollment page. Select the New Registration alternative. On the off chance, that the GST enrollment application stays uncompleted, the candidate will keep filling the application utilizing the TRN number.

   Select the Taxpayer type from the choices given.

   Pick the state according to the prerequisite.

   Enter the lawful name of the business/element, as referenced in the PAN information base. As the entry confirms the PAN consequently, the candidate ought to give subtleties as referenced in the card.

   In the Permanent Account Number (PAN) field, enter the PAN of the business or the PAN of the Proprietor. GST enrollment is connected to PAN. Thus, on account of an organization or LLP, enter the PAN of the organization or LLP.

   Give the email address of the Primary Authorized Signatory. (Subsequent stage will check it.)

   Snap the PROCEED button.

   Step 3: OTP Verification & TRN Generation.

   In accommodation of the above data, it will show the OTP Verification page. OTP will be legitimate just for 10 minutes. Consequently, enter the two separate OTP shipped off to approve the email and portable number

   In the Mobile OTP field, enter the OTP. 

   In the Email OTP field, enter the OTP.

   Step 4: TRN Generated

   On effectively finishing OTP confirmation, it will produce a TRN. There will be the utilisation of TRN to finish and present the GST enrollment application.

   Step 5: Log in with TRN. 

   After accepting TRN, the candidate will start the GST enlistment method. In the Temporary Reference Number (TRN) field on the GST Portal, enter the TRN created and enter the manual human test text as appeared on the screen. Complete the OTP confirmation on versatile and email

   Step 6: Submit Business Information. 

   • It is a must to submit the different data for getting GST enlistment. In the principal tab, it’s a must to add business subtleties.
   • In the Trade Name field, enter the trademark of the business. 
   • Information on the Constitution of the Business starts from the drop list.
   • Enter the District and Sector/Circle/Ward/Charge/Unit starting from the drop list. 

   • In the Commissionerate Code, Division Code and Range Code drop-down rundown, select the proper decision.
   • Choose the Composition Scheme, if important .
   • Information on the date of initiation of business.

   • Select the Date on which risk to enrol emerges. This is the day the business crossed the total turnover limit for GST enrollment. Citizens are needed to record the application for new GST enrollment inside 30 days from the date on which the risk to enlist emerges. 

   • Stage 7: Submit Promoter Information. 

   • In the accompanying tab, give promoters and boss information. On the off chance that there ought to emerge an event of possession, it’s a must to submit the proprietors’ information. Nuances of up to 10 Promoters or Partners can be submitted in a GST enlistment application.

   • It’s a must to submit the going with nuances to the publicists:

   • Singular nuances of the accomplice like name, date of birth, address, compact number, email address 

   • The task of the sponsor. 

   • The fuss of the Promoter, only for the going with kinds of up-and-comers: 

   • Private Limited Company 

   • Public Limited Company 

   • Public Sector Undertaking 

   • Unlimited Company 

   • New Company enrolled in India 

   • Nuances of citizenship 

   • Aadhaar 

   • Private area

   Collecting GST

   Only a registered taxable person can collect GST. The taxable person must prominently indicate the GST amount on tax invoices.

   Returns

   A normal taxpayer will be required to furnish two returns monthly and one annual return. There are separate returns for a taxpayer registered under the composition scheme, Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS).

   Document checklist for GST 

   There are many documents required for GST we have made a dedicated blog about documents required for GST  

6. GST Registration Checklist

   October 13, 2020 4:50 am Comments Off on GST Registration Checklist

   GST Registration

   GST enlistment number or GSTIN is a unique 15-digit number given by the duty specialists to screen charge instalments and compliances of the enrolled individual. Applying for the establishment of a business requires various arrangements of records.

   We are going to look at each of those important documents required for GST registration here.

   Applicability

   Any individual case open for intra-state flexibility of products/agencies with an annual total turnover of more than Rs 20 lakh (Rs 40 or Rs 10 lakh, as may fluctuate contingent on the gracefully and state/UT) or undertaking between state gracefully (with no edge restricted) are obligatorily needed to get GST enlistment.

   as per the update on 7th March, 2019 following are the necessity of the GST bill.

   The CBIC has notified that GST registration is not required if annual turnover is below Rs 40 lakhs only in case of a supplier of goods except:

   a) Cases of compulsory GST registration

   b) Icecream, edible ice, pan masala, tobacco, and its substitutes

   c) Those making sales within States of Arunachal Pradesh,

   Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim, Telangana, Tripura & Uttarakhand

   d) Choosing Voluntary registration

   The notification will be effective from 1st April 2019.

   Now we’ll see the document checklist for getting your GST registered 

   1.Constitution of Business

   The following documents are required to obtain GST registration depending on the type of business or constitution. (Individual/Company etc.)

   GST Registration Documents Checklist

   Category of person	Documents required for GST registration
   Sole proprietor / Individual	PAN card of the owner, Aadhar card of the owner, and Photograph of the owner (in JPEG format, maximum size – 100 KB)Bank account details*Address proof**
   Partnership firm (including LLP)	PAN card of all partners (including managing partner and authorized signatory)Copy of partnership deed, Photograph of all partners and authorised signatories (in JPEG format, maximum size – 100 KB)Address proof of partners (Passport, driving license, Voters identity card, Aadhar card etc.)Aadhar card of authorised signatory proof of appointment of authorized signatory. In the case of LLP, registration certificate / Board resolution of LLP Bank account details*Address proof of principal place of business**
   HUF	PAN card of HUFPAN card and Aadhar card of KartaPhotograph of the owner (in JPEG format, maximum size – 100 KB)Bank account details*Address proof of principal place of business**
   Company (Public and Private) (Indian and foreign)	PAN card of CompanyCertificate of incorporation given by Ministry of Corporate AffairsMemorandum of Association / Articles of AssociationPAN card and Aadhar card of authorized signatory. The authorised signatory must be an Indian even in case of foreign companies/branch registrationPAN card and address proof of all directors of the CompanyPhotograph of all directors and authorised signatory (in JPEG format, maximum size – 100 KB)Board resolution appointing authorised signatory / Any other proof of appointment of authorised signatory (in JPEG format / PDF format, maximum size – 100 KB)Bank account details*Address proof of principal place of business**

   *Bank account details:

   For bank account details, a copy of cancelled cheque or extract of passbook/bank statement (containing the first and last page) must be uploaded.  (in JPEG format / PDF format, maximum size – 100 KB)

   **Address proof:

   Upload any one of the following documents:

   1. Property tax receipt
   2. Municipal Khata copy
   3. Electricity bill copy
   4. Ownership deed/document (in the case of owned property)
   5. Lease/release/rent agreement (in case of leased/rented leased/rented property) – To be submitted along with (1), (2) or (3)
   6. Consent letter / NOC from the owner (in case of consent arrangement or shared property) – To be submitted along with (1), (2) or (3)

   2. Category of GST Registration

   Different types of documents will be required to be submitted on the GST portal for GST registration depending upon the type of GST registration needed. This is based on the nature of activities being carried out by the entity.

   A detailed list of documentation requirements for every type of GST registration is given below:

   GST Registration Documents Checklist

   Nature of GST Registration	Purpose of Registration	Documents to be Uploaded
   Normal taxpayer registration (including  composition dealer, Government departments and ISD registrations)	For the undertaking of a taxable supply of goods / or services	PAN card of Company (only in case of a company)Certificate of incorporation given by the Ministry of Corporate Affairs / Proof of constitution of business Memorandum of Association / Articles of Association (only in case of a company)PAN card and Aadhaar card of the authorised signatory. The authorised signatory must be an Indian even in case of foreign companies/branch companies / branch registration PAN card and address proof of all directors of the Company (partners in case of firm)Photograph of all directors and authorised signatory (in JPG format, maximum size – 100 KB)Board resolution appointing authorised signatory / Any other proof of appointment of authorised signatory (in JPEG format / PDF format, maximum size – 100 KB)Bank account details*Address proof of principal place of business**
   GST practitioner	For enrolling as GST practitioner	Photo of the applicant  (in JPG format, maximum size – 100 KB)Address proof of the place where professional practice takes placeProof of qualifying degree (Degree certificate)Pension certificate (only in case of retired Government officials)
   TDS registration	For deducting tax at source	Photo of drawing and disbursing officer (in JPG format, maximum size – 100 KB)PAN and TAN number of the person being registeredPhoto of authorised signatory (in JPG format, maximum size – 100 KB)Proof of appointment of authorised signatoryAddress proof of tax deductor**
   TCS registration	For collecting tax at source(E-commerce operators)	PAN number of the person being registeredPhoto of authorised signatory (in JPG format, maximum size – 100 KB)Proof of appointment of authorised signatoryAddress proof of tax collector **
   A non-resident OIDAR service provider	For online service providers not having any place of business in India	Photo of authorised signatory (in JPG format, maximum size – 100 KB)Proof of appointment of authorised signatoryBank account in India*Proof of non-resident online service provider (eg: Clearance certificate issued by Government of India, License issued by original country or certificate of incorporation issued in India or any other foreign country)
   Non-resident taxable person (NRTP)	For non-residents occasionally undertaking taxable supply of goods / or services in India	Photo and Proof for the appointment of an Indian authorised signatoryIn case of individuals, scanned copy of the passport of NRTP with VISA details. For a business entity that is incorporated outside India, the unique number based on which the Country is identified by the Government of that country. Bank account in India as *Address proof**
   Casual taxable person	For non-registered domestic persons occasionally undertaking the taxable supply of goods / or services in India	Photo and Proof for the appointment of an Indian Constitution authorised signatory Proof of  business Bank account *Address proof**
   UN bodies/embassy	For obtaining Unique Identification Number to claim the refund of taxes paid on goods/services	Photo of authorised signatoryProof of appointment of authorised signatoryBank account in India*

   Bank account details:

   For bank account details, it’s a must to upload a copy of cancelled cheque or extract of passbook/bank statement (containing the first and last page). (in JPEG format / PDF format, maximum size – 100 KB)

   Address proof:

   Any of the following documents is required:

   • Property tax receipt
   • Municipal khata copy
   • Electricity bill copy

   Apart from these, the following may vary case-to-case basis:

   • Ownership deed/document (only in case of owned property)
   • Lease / Rental Agreement (in case of leased/rented leased/rented property) – To be submitted along with (1), (2) or (3)
   • Consent letter/NOC from the owner (in case of consent arrangement or shared property) – To be submitted along with (1), (2) or (3)

   If you have GST registration for your woo-commerce website, Then Use this Woo-commerce GST plugin for your online business to get Printed GST Calculation on every customer receipt

    

7. Learn why GST plugin is Important for eCommerce?

   September 2, 2020 2:52 pm Leave a Comment

   Why use the GST plugin for eCommerce Website?

   Business with eCommerce was a lot easier before the execution of GST in India. After the compulsion of GST on all sorts of goods and service providers, it became difficult to manage, calculate, and apply GST for vendors. 

   Calculating GST for traditional vendors (The ones who are not selling online) was an easier job than the eCommerce seller as there are different sets of a rule to calculate GST for central and state government is different  

   Here comes the importance of the GST calculator. 

   GST plugin for WordPress (woo-commerce) site calculates the GST concerning each state. Isn’t that great? So let’s take a look at how it helps to add tax on woo-commerce products.

   

   Importance of WooCommerce GST plugin

   GST Plugin for WordPress (WooCommerce) has much importance such as configuring GST settings, PDF invoice with GSTIN, and HSN Number, entering their GSTIN code and the invoice will reflect it and calculating Dynamic tax slabs. We’ll go with them one by one

   1. Configure GST settings

   This is the best part of the WooCommerce GST Plugin; the admin can configure the GST setting. Admin can configure the plugin as per his state GST regulation. This feature minimises human error and helps to add the GST slab as per specific state regulations in the quickest way possible. This feature not only allows the admin to add a GST slab but also the admin can enter the GSTIN number which is to be shown. Admin can also customize the enterprise name, address, logo, and all the informative tabs.

   2. PDF invoice with GSTIN

   GSTIN (Goods and Services Tax Identification Number). GST is fundamentally a 15-digit number that has supplanted the Tax Identification Number (TIN) that business elements were distributed while enrolling under a state’s Value Added Tax law.

   Many of the GST plugin for WordPress can customise every single thing but they are not able to generate PDF invoices. That is the biggest drawback of an ordinary GST Calculator. Considering this drawback, we at WooCoomerce GST noticed this major issue in other GST calculator plugins and brought the PDF invoice generator feature to WooCommerce GST Plugin with our GST plugin, you can generate an invoice for every order. 

   3. HSN Number integration 

   HSN code stands for “Harmonized System of Nomenclature”. This framework has been presented for the efficient characterization of products everywhere throughout the world. HSN code is a 6-digit uniform code that arranges 5000+ items and is acknowledged around the world. This number has importance though many of the GST plugins for WordPress. WooCoomerce GST is the only GST calculator that provides a Meta field for ‘HSN Code’. 

   4. Dynamic Tax Slab

   As per the data available on the website of Kotak Mahindra it says The GST council has fitted over 1300 goods and 500 services under four tax slabs of 5%, 12%, 18% and 28% under GST. There were 227 items in the 28 per cent slab. In the biggest GST rearrangement yet, tax rates on over 200 items, ranging from chewing gum to chocolates, to beauty products, wigs and wristwatches, were today cut from the 28 per cent slab to 18 per cent. However certain goods were kept under a 28 per cent slab

   The calculation for the dynamic tax slab is very complicated and not every Plugin provides it. So it is necessary to have the GST plugin for WordPress that provides a Dynamic Tax slab implementation option to give more convenience to users. 

   To evolve is the nature of the human race. We have evolved and will be evolving forever. The eCommerce is the evolution of the traditional marketplace and the GST calculator such as GST Calculator for WordPress (woo-commerce) is the necessity of the invention. Installing this plugin makes eCommerce trading simpler and easier; which is what we ‘humans’ are more concerned about.