In the current scenario, when we see our world booming with tremendous traction as a result of digitization, there are countless opportunities for customers to shop online and get the desired item on the doorstep. Due to increasing internet penetration, people have completely relied on eCommerce business, with no regrets. As e-shopping is impressively winning the market and easily reaching customer needs, the demand for eCommerce business has got no plans to swing down in the future.
Gone are the days, when we used to visit the shops and spend hours selecting one single item and return home. But now, there is nothing like before. If we have an idea to purchase any of the items no matter it’s clothing, electronics, or real estate, we are just one click away and things get done at ease. Well, it’s not only about shopping but small, medium, and large size enterprises businesses are also showing an interest in keeping the products for sale on eCommerce websites.
We at InstaSpaces believe in helping people understand the importance of selling your products on eCommerce websites and make you win maximum customership on your product with the help of a digital platform.
For selling your product online, there are several eCommerce websites where you can easily register and sell your products. The eCommerce platforms such as Amazon, Flipkart, Myntra, and others are the ones where you can easily put your products on sale after register. However, Flipkart can be the most convenient option for you to market your product.
This eCommerce platform has easy access to the list and ships your products. Before putting your product on sale, Flipkart Seller Registration has some specific registration formalities which are compulsorily needed to be done, but when you know what to expect, you can register and start selling in no time.
Advantages of Flipkart Seller Registration
Flipkart is believed to be one of the most recommended eCommerce platforms in India. Customers got handy using Flipkart, and they have faith that it delivers quality items. If you’re interested in selling your products on Flipkart and increase your customer base, Flipkart is the best choice you make for a day.
As Flipkart proudly owns 10 million users base every day, which can help increase the scope of sale on your product. This platform is loyal in collecting taxes and makes it easy to track sales. All of this convenience comes at a cost, for every individual sale you make.
Documentation for Flipkart Seller Registration
Be visiting the registration staircase, it is necessary to have a few documents handy. As you have made your decision on selling your product on Flipkart, you require all the goods and services tax schemes, so you’ll need your GSTIN. Other things you require are:
- Your personal or business PAN Card
- Bank Account details
- The witness of your Customer Documents, including proof of your address and a canceled cheque.
No matter you are doing registration by your company name or an individual, these are compulsory to submit before your register sells on Flipkart.
After you Register on Flipkart
Once you are done with the registration, Flipkart requests you to give 15 days of the time period to verify your business documents for the Flipkart registration. After verifying your documents, you can start listing your products. All product payments and sales are deposited on your provided bank account.
This was the process we discussed to sell a product on Flipkart. Now let’s discuss something on GST registration before you sell your product on any eCommerce websites.
GST registration is necessary to sell goods through any eCommerce websites in India as the sales made through electronic commerce operators are to be registered so as to affect the collection of tax at source. For Amazon, it is around 2% under Section 52 by Amazon. Further, Section 24 of the CGST Act, 2017, makes sellers compulsory to persons supplying goods or services through eCommerce platforms such as Flipkart, Amazon and more to register under GST law irrespective of their individual turnover crossing Rs 20.40 lakhs.
There are several different criteria defined by the government wherein registration under GST is a compulsion for such taxpayers. Therefore, one of the crucial criteria for registration is where the assessee is dealing with any eCommerce Operator then that person has to take registration under GST.
One major benefit for Flipkart Seller is that it can use InstaSpaces which is one of the leading virtual office spaces in India that provides cost-effective GST registration services. Making GST registration as a Flipkart seller can help you get proof of place of business for GST registration in that particular state, rather than getting any physical office space.
Hope this information is enough to be delivered. If you’ve got any query, visit the web site (InstaSpaces) and connect with our skilled support team for the detailed view.
Happy Hunting!0 109