GST Council waives mandatory registration for small businesses selling via e-commerce

Ease of Doing Business for MSMEs: More small businesses are likely to sell on e-commerce platforms as the Goods and Services Tax (GST) Council on Wednesday waived the mandatory registration for businesses supplying goods with turnover up to Rs 40 lakh. Currently, sellers selling goods or services online have to be GST-registered despite their turnovers below Rs 40 lakh or Rs 20 lakh threshold respectively in contrast to offline sellers who are exempted from the registration.