Can I claim GST Fees i.e., ITC?
Definitely. If you have a GST Number, you can claim the GST amount paid on all the orders from subscription invoices to order invoices.
For example, let's say that you are making about 2.5lacs per annum and average GST percentage is 5%, you will able to claim 12,500rs in GST per month as we will file all the bills on order to order basis monthly.
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Do I need GST number to start a business?
Not Required. You can either provide us GST Number or PAN Card Number to start using our dropshipping services and sell products online. However be known that if you want to sell on marketplace like Amazon, GST is mandatory.
Is there any subscription fee? why?
Yes, you only need to pay for the service we provide. You can check our pricing at baapstore.com. No investment required for inventory. We incur various expenses on inventory acquisition, photography, servers, shipping management and other ...
GST Slabs and HSN Codes
We strongly recommend you to check the Government portals or check with auditors to know the current tax percentages, slabs and tax hsn codes. GST Slabs: Note: Please refer with your auditor as well. Category GST % Readymade Apparels (Stitched ...
Will dropshipping business work for me?
Since we take care of all the heavy tasks, it suits everyone serious about doing a business. Your job is to just do marketing and get sales. Dropshipping is one of the most easiest to do business model ever. As long as humans are there, retail ...
What is Dropshipping?
The biggest disadvantage in ecommerce business is the heavy investment that one must commit while buying inventory. In dropshipping, a seller can sell unlimited products without actually procuring those upfront. For example: If you join us, you will ...