Know This Before Buying from Amazon (Read Pinned Comment)

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You can open Your Amazon Business Account:

Goods and Services Tax is an indirect tax used in India on the supply of goods and services.

And you’re liable to pay it if you’re doing business but the interesting part is that you can claim GST you’ve paid for any product or service you’re buying which will be consumed for your business purposes.

For example, I’m going to buy this Camera to record my videos, so that I can improve the quality of my content which can lead to better growth of my channel. And this is beneficial for my business, so when I’ll buy this Camera, I’ll give the vendor my GST number and will tell him to give me the GST invoice. So I can claim that 18% GST has been levied on this Camera purchase when I file my GST for that month.

You can also claim GST Credit when you’re buying something online let’s say from Amazon.

You’ll need an Amazon Business Account, which you can open through this link:

Every LIKE, SHARE, COMMENT & SUBSCRIPTION is always appreciated.

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28 Comments

  1. You can open Your Amazon Business Account: https://amzn.to/3Ldm30W

    Goods and Services Tax is an indirect tax used in India on the supply of goods and services.

    And you’re liable to pay it if you’re doing business but the interesting part is that you can claim GST you’ve paid for any product or service you’re buying which will be consumed for your business purposes.

    For example, I’m going to buy this Camera to record my videos, so that I can improve the quality of my content which can lead to better growth of my channel. And this is beneficial for my business, so when I'll buy this Camera, I'll give the vendor my GST number and will tell him to give me the GST invoice. So I can claim that 18% GST has been levied on this Camera purchase when I file my GST for that month.

    You can also claim GST Credit when you’re buying something online let's say from Amazon.

    You’ll need an Amazon Business Account, which you can open through this link: https://amzn.to/3Ldm30W

    Every LIKE, SHARE, COMMENT & SUBSCRIPTION is always appreciated.

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