GSTN Introduces New Facility For Unregistered Suppliers In ecommerce
The change aims to make doing business easier for unregistered suppliers, especially those that offer goods to e-commerce companies operating in a single State or Union Territory
The Goods and Services Tax Network (GSTN) has introduced a new facility that enables unregistered providers to enrol for the supply of goods through e-commerce operators (ECOs) in response to recent changes made to the Central Goods and Services Tax (CGST) Act.
The change aims to make doing business easier for unregistered suppliers, especially those that offer goods to e-commerce companies operating in a single State or Union Territory. Conditions essential to enrolment Unregistered vendors are limited to using an ECO to supply items in a single State or Union Territory. The supplier shouldn’t participate in any interstate product supply.
A Permanent Account Number (PAN) is a requirement under the Income Tax Act of 1961 for suppliers. Suppliers must declare their PAN so that it may be verified on the GST Portal. Before providing such supply, they must also give their company’s address and the name of the State or UT in which they are based. Suppliers will receive an enrolment number after their PAN has been successfully validated. Before making any supplies through an ECO, they must receive this enrolment number.
