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The Government of India passed the Goods and Service Tax (GST) in 2017 intending to make one nation, one tax policy.
The implementation of GST for E-commerce business is a challenging task. Magento 2 Multi Vendor GST Indiaby Meetanshi extension allows charging GST on orders based on the business category set by vendors in the store.
The module helps to calculate GST in Magento 2 store. By integrating Magento 2 Multi Vendor GST India extension, merchants can automate GST calculations.
As the Government of India has made GST mandatory for Indian businesses, this module is must-have for your Magento 2 store.
Benefits of Choosing Magento 2 Multi Vendor GST India Extension:
· Allows adding buyer GSTIN from the frontend.
· Offers to automate the calculation and applies a GST rate on product purchase.
· Product prices can be set based on an inclusive or exclusive GST rate to calculate the GST amount on purchases.
· Allows setting the minimum cost to apply set GST rate and also GST rate to apply if product prices are below the specified minimum price.
· It has an option to set the business birthplace to make an automatic calculation and apply SGST, CGST, IGST, UTGST based on states and union territories of India.
· Offers auto calculation and applies GST to cart subtotal on the destination address, tax rate slab and business origin.
· The order details such as order view, invoice, credit memo, new order email, shipment and PDFs display a comprehensive bifurcation and view of GST.
· Option to add a digital signature image and signature text to add in order invoice PDFs.
· Allows adding GST on shipping charges.
· Option to enable shipping GST inclusive or exclusive of GST.
· It works smoothly in all Magento 2 product types.
· Navigate to Reports – GST Orders Report for order-related data and to export it.
· The PDFs of order invoices include mandatory order details such as GSTIN, PAN number, CIN, state code, HSN code, bifurcated GST amount, and digital signature.
Benefits of Choosing Magento 2 Multi Vendor GST India Extension for Vendors:
· After adding a new vendor, the module automatically includes the fields like business origin, GSTIN, CIN, Pan Number, a signature line for the invoice pdf, and the option to upload a signature image for each vendor.
· When the vendor adds a new product, the module includes the below fields to be set:
GST Rate
-Minimum product price to apply GST rate
-GST rate to apply on products below a minimum set price
-Product HSN code
· CGST, IGST, SGST and, UT GST details are displayed on the order view on each vendor’s business origin.
· The invoice and the invoice PDFs also includes GST details for each vendor.
For more details:
Visit https://meetanshi.com/magento-2-multi-vendor-gst-india.html
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