[Makers] GST on reserved-bit services

[Neha Bhatia]

            Thanks Aditya :) ---- On Wed, 05 Jul 2017 13:02:04 +0530  Aditya Kane<aditya at bombaypirate.com> wrote ----Hi Neha, I guess you might want to exclude the mailing list from to: from that discussion :-)Best,AdityaOn Jul 5, 2017 12:51 PM, "Neha Bhatia" <neha at thefunnymind.com> 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 _______________________________________________ Makers mailing list Makers at lists.reserved-bit.com http://lists.reserved-bit.com/listinfo.cgi/makers-reserved-bit.com _______________________________________________ Makers mailing list Makers at lists.reserved-bit.com http://lists.reserved-bit.com/listinfo.cgi/makers-reserved-bit.com  _______________________________________________ Makers mailing list Makers at lists.reserved-bit.com http://lists.reserved-bit.com/listinfo.cgi/makers-reserved-bit.com 
        
        

    
    

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