[Makers] GST on reserved-bit services

[Siddhesh Poyarekar]

Hi Neha,

Unfortunately our monthly subscriptions are not time bound, so there's
not much room for negotiation there.  We do have day based tinkerer
cards but I guess those are not suitable for your need.

Siddhesh

On Wednesday 05 July 2017 12:50 PM, Neha Bhatia wrote:
> Hi Siddesh, 
> 
> I understand due to GST you will have to increase the fee. Is there a
> possibility to work 4 hour at reserved bit instead of 8 hour bracket as
> anyway I can't stay more than 4 hours. Let me know if that works out
> with you. 
> 
> Thanks,
> Neha 
> 
> 
> 
> ---- On Wed, 05 Jul 2017 12:40:19 +0530 Siddhesh
> Poyarekar<sid at reserved-bit.com> wrote ----
> 
>     Hi,
> 
>     After long consultations with our accountants, it has come to light
>     that
>     we will have to charge GST on all our products. This unfortunate event
>     happened because of having to voluntarily apply for CST/VAT for
>     inter-state sales in the old tax regime. This was OK in the old tax
>     regime for memberships and event tickets since they are services and
>     hence did not require ST registration then. With GST however services
>     and products get folded into one and as a result we find ourselves
>     registered to collect taxes for services before we are financially
>     eligible for it.
> 
>     There seems to be no way currently to withdraw the GST number as of
>     now.
>     The tax amount is also too high for us to absorb in our already rock
>     bottom membership costs, so we are left with no choice but to pass the
>     tax on to members, as is intended by the GST law.
> 
>     Going forward, all our subscriptions and event tickets will have an
>     additional tax component that will be shown during checkout.
> 
>     Siddhesh
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> 
> 
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