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GST Council okays mandatory registration waiver for small online retailers

The waiver, which is subject to certain conditions, will benefit about 120,000 small traders

Union Finance Minister Nirmala Sitharaman chairs the 47th meeting of the GST Council in Chandigarh. (Photo: Twitter/@finminindia)
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The move will benefit approximately 120,000 small traders, officials privy to the development said.

Shrimi Choudhary Chandigarh
In a move aimed at boosting the unorganised sector, the Goods and Services Tax ( GST) Council has agreed to waive mandatory registration for small online sellers. The changes in the law will come into force on January 1, 2023.

The move will benefit approximately 120,000 small traders, officials privy to the development said.

The Council also allowed composition dealers to make intrastate supplies via e-commerce operators, sources said.

Composition dealers are those with a turnover of up to Rs 1.5 crore. Thet are required to pay GST at flat rates with input tax credit (ITC).

At present, sellers supplying