Amazon is not only one of the largest e-commerce platforms in India, but it has also become an essential part of the everyday lives of millions.
With its vast product range and convenient delivery options, Amazon offers an unparalleled shopping experience.
However, amidst the various taxes imposed on goods and services in India, customers often wonder if there is a way to avail of discounts or exemptions on their purchases.
Fortunately, with the implementation of Goods and Services Tax (GST), there are opportunities for consumers to enjoy discounts on Amazon.
In this article, we will explore how you can make the most of GST to get discounts on your purchases from Amazon in India.
What are Ways to Obtain GST Discounts on Amazon in India?
To get a GST discount on Amazon in India, follow these steps:
1. Check for GST discounts: Ensure that the product you are interested in is eligible for a GST discount. Many products on Amazon already have the discounted price mentioned, so it’s essential to look out for those.
2. Choose sellers with GST benefits: On Amazon, various sellers offer the same product. Look for sellers who mention that they offer GST benefits or discounts. These sellers usually have their prices adjusted to reflect the reduced tax rate.
3. Utilize cashback offers: Keep an eye out for cashback offers and promotions that may be running on Amazon. Sometimes, they offer additional discounts or cashback for purchases made using certain payment methods or during specific periods.
Remember, not all products may be eligible for a GST discount, and the availability of discounts can vary from time to time. It’s always wise to compare prices from different sellers and read customer reviews before purchasing on Amazon.
How To Get GST Discount On Amazon In India? Step by Step process
To avail of a GST discount on Amazon in India, follow these steps:
Check for eligible products: Look for eligible products for a GST discount. Amazon often provides discounts on items like electronics, appliances, and clothing.
Add the item to your cart: Once you have found an eligible product, add it to your cart by clicking on the Add to Cart button.
Proceed to checkout: After adding the item to your cart, click on the cart icon at the top right corner of the page. Review your order and click on the Proceed to Buy button.
Apply a coupon or promotional code: On the checkout page, you will find an option to apply a coupon or promotional code. Search for any available GST discount codes and enter them in this field.
Complete your purchase: After applying the code, ensure the discount is reflected in your order total before paying. Select your preferred payment method and complete your purchase.
It’s important to note that not all products may be eligible for a GST discount, and the availability of discount codes may vary from time to time.
Therefore, it’s recommended to keep an eye out for promotions or subscribe to newsletters from Amazon to stay updated on any available discounts.
How to get a GST invoice from Amazon without a business account?
To get a GST invoice from Amazon without a business account, you can follow these steps:
- Log in to your Amazon account and go to the Your Orders section.
- Find the order you need a GST invoice and click the Invoice option.
- You will be redirected to a page where you can select whether you want a regular or GST invoice.
- Choose the GST invoice option and provide your GSTIN (Goods and Services Tax Identification Number) if you have one. If not, leave it blank.
- Click the Generate Invoice button, and Amazon will generate a GST invoice for your order.
It’s important to note that not all products on Amazon are eligible for a GST invoice, primarily if they are sold by third-party sellers who may not be registered under the GST system.
In such cases, it might be challenging to obtain a GST invoice without having a business account or dealing directly with the seller.
How to add a GST number on Amazon purchases?
To add your GST number on Amazon purchases, follow these step-by-step instructions:
1. Log in to your Amazon account and go to the Your Account page.
2. Under the Settings section, click on Manage Your Business Account.
3. click on Add or edit VAT/GST registration details on the next page.
4. You will be prompted to enter your GST number and other relevant information.
5. Once you have entered all the required details, click on Save Changes.
It’s important to note that adding your GST number is crucial if you are a registered business and want to claim the input tax credit for your purchases on Amazon.
By providing this information, you can ensure that your invoices reflect the correct GST amount and comply with tax regulations in your country.
How to add a GST number for Amazon buyers in India?
To add a GST number for Amazon buyers in India, follow these steps:
1. Log in to your Amazon seller account and go to the Settings tab.
2. Under the Business Information section, click on GST Information.
3. Click on Edit next to the GST details section.
4. Enter your GSTIN (Goods and Services Tax Identification Number) and select your business type.
5. Upload the necessary documents, such as your GST certificate, PAN card, and bank account details.
6. Once you have filled in all the required information and uploaded the documents, click on Save Changes.
It is important to note that adding a GST number only applies to sellers registered under GST in India.
By providing your GST number, you ensure compliance with Indian tax regulations and make it easier for buyers to claim input tax credits on their purchases from you.
Get a GST invoice and save up to 28% on business purchases.
Getting a GST invoice and saving up to 28% on business purchases is essential for any business owner. Here is a step-by-step process to help you achieve this:
1. Register for GST: The first step is registering your business for the Goods and Services Tax (GST). You can do this by visiting the official GST portal and completing the necessary forms. Once registered, you will receive a unique GST identification number.
2. Verify the supplier: Before making any purchases, ensure your supplier is registered under the GST regime. This is crucial as only registered suppliers can issue valid GST invoices.
3. Request a GST invoice: Request a GST invoice from your supplier when purchasing. This invoice should include all the necessary details, including your business name, address, GSTIN, and the supplier’s details.
4. Claim input tax credit: After receiving the GST invoice, you can claim input tax credit on your business purchases. This means you can deduct the tax paid on these purchases from your overall tax liability.
By following these steps, you can ensure that you receive a valid GST invoice and take advantage of the input tax credit facility, ultimately saving up to 28% on your business purchases.
Conclusion Points
Getting a GST discount on Amazon in India is a simple process that can help save money on purchases. By following the steps outlined above and ensuring eligibility for the discount, shoppers can enjoy reduced prices on a wide range of products.
The implementation of the GST system has made it easier for customers to avail of discounts and benefits while shopping online. With various offers and promotions available, it is essential to stay updated on the latest deals and discounts Amazon provides.
So, take advantage of the GST discount on Amazon today and make your online shopping experience even more affordable!
FAQs
Question – What is GST, and why is it essential for Amazon in India?
Answer: GST stands for Goods and Services Tax, a consumption-based tax levied on the supply of goods and services. It is essential for Amazon in India as it ensures transparent taxation and simplifies the process for sellers and buyers.
Question – How can I avail of GST discounts on Amazon in India?
Answer: To avail of GST discounts on Amazon in India, ensure that you purchase from a seller eligible for GST benefits. Look for products with GST Invoice Available or GST Benefit tags to enjoy discounts.
Question – Are all products eligible for GST discounts on Amazon in India?
Answer: Not all products are eligible for GST discounts on Amazon in India. Only certain sellers offer these benefits, so check the product listing page for applicable discounts.
Question – Do I need to be a registered business to get GST discounts on Amazon?
Answer: No, you do not need to be a registered business to get GST discounts on Amazon. Individual customers can also enjoy these benefits by choosing products from eligible sellers.
Question – How much discount can I expect through GST on Amazon in India?
Answer: The discount percentage varies depending on the product and seller. You can find details about the applicable discount percentage mentioned alongside the product listing.
Question – Can I combine other offers or promotions with GST discounts on Amazon?
Answer: In most cases, yes! You can often combine other offers or promotions with GST discounts on Amazon in India unless specified otherwise by the seller or promotion terms.
Question – Is there any limit to how often I can use GST discounts on Amazon?
Answer: No, there is no limit to how often you can use GST discounts on Amazon in India. You can enjoy these benefits with each eligible purchase made by qualifying sellers.
Question – Will I receive a separate invoice reflecting the discounted price after availing of the GST discount?
Answer: After availing of the GST discount, you will receive a separate invoice reflecting the discounted price. This will help you keep track of your savings for future reference.
