Today, every business owner in India has one common thing in their mind, GST.
This is the first article in a series of posts where Amazon will provide you with an overview of this important topic. We also hope this will help you in your transition to the new Goods and Services Tax.

Today, we will talk about how the proposed Goods and Services Tax is expected to work with Flowchart image references for your understanding. 

As online sellers or prospective online sellers, if you already have a VAT number, you are required to register for GST (Goods and Services Tax). It will be an entirely paperless process, which means, it will take place online or digitally. 

HSN (Harmonised System of Nomenclature) is an internationally accepted product coding system. In India, HSN coding is currently used under Excise, Customs, and state Value Added Tax (VAT) laws and is now also proposed to be used under Goods and Services Tax (GST) law, for classification of products/goods.

In this post, we want to answer a few key questions about the Tax Collected at Source (TCS) component of GST.

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