CCAvenue

The Government of India has implemented the country's landmark tax reform, the GST (Goods and Services Tax) from July 1, 2017. With the goal of 'One Nation, One Tax', all indirect taxes levied at the Central and State levels such as sales tax, service tax, VAT, entertainment tax, luxury tax, excise duty, customs duty, octroi, entry tax, etc. have been replaced by GST. This uniform indirect tax for goods and services brings the entire country under one umbrella to make compliance easier.

TAX MODIFICATIONS
Prior to the implementation of GST, sellers registered under VAT were assigned a TIN number and service providers were mandated to register for a service tax number by the Central Board of Excise and Custom (CBEC). Effective from 1st July 2017, a single platform known as GST has been introduced to collect and pay taxes. All eCommerce businesses irrespective of their turnover are required to register and be compliant under the GST. Goods and Services Tax Identification Number (GSTIN), a 15-digit long alphanumeric value comprising the State Code, PAN Card, and business vertical details will have to be provided while collecting or paying taxes.


At CCAvenue, we are supporting our merchants to comply with the GST laws and transition smoothly to the GST network by completing the following simple steps.

UPDATING YOUR GSTIN WITH CCAVENUE
1) Login to your CCAvenue Merchant Dashboard.



2) Click on Account Information on the top right.




3) Move to the Business Information section.




4) Enter the correct 15-digit GSTIN in the GSTIN No. field and click on Update Information



The introduction of GST is indisputably one of the biggest pieces of economic reform since independence. This unified tax platform is set to reshape the Indian economy and have a positive impact on e-commerce businesses. Here's an article that demystifies GST and its impact on e-commerce businesses.