Amazon is one of the largest and most well-known online marketplaces in the world, with millions of customers shopping on the platform every day. In this article you will understand the documents required to sell on Amazon India. As a seller on Amazon, you have access to a huge audience of potential customers and can take advantage of the platform’s built-in trust and reputation to improve your brand awareness and reputation.
Amazon also provides an easy-to-use platform for setting up and managing your online store, as well as a range of fulfillment options to help streamline the shipping and delivery process. Overall, selling on Amazon can be a great way to increase your sales and reach new customers, making it a popular choice for businesses of all sizes.
Below are the documents required to sell on Amazon India
1. Business Entity Registration Proof
Company Registration Certificate is one of the important documents required to sell on Amazon India. Amazon requires sellers to provide proof of their business registration to ensure that they are a legitimate entity and to verify their identity. You will need to provide proof of business registration, such as a certificate of incorporation, partnership deed, or sole proprietorship declaration.
2. Permanent Account Number (PAN)
Another documents required to sell on Amazon India is PAN Card. You will need to provide a copy of your Permanent Account Number (PAN) card, which is a 10-digit alphanumeric code issued by the Indian Income Tax Department.
3. GST Registration
GST Certificate is another mandatory documents required to sell on Amazon India. If your annual turnover exceeds a certain threshold, you will need to register for the Goods and Services Tax (GST). You will need to provide your GST registration certificate. You can apply for GST Registration from www.gst.gov.in
Why are GST documents required to sell on Amazon India?
- Legal Compliance: Under the Indian tax system, businesses with an annual turnover of Rs. 20 lakhs or more are required to register for GST. By requiring sellers to provide a valid GST registration number, Amazon India ensures that sellers comply with Indian tax laws.
- Tax Collection: Amazon India is required to collect and remit GST on behalf of its sellers. When a seller sells a product on Amazon India, Amazon collects the GST on the sale and remits it to the Indian tax authorities. To facilitate this process, Amazon requires sellers to provide a valid GST registration number.
- Input Tax Credit: When a seller is registered for GST, they can claim Input Tax Credit (ITC) for the GST paid on purchases made for their business. By claiming ITC, sellers can reduce their overall tax liability. By requiring sellers to register for GST, Amazon India helps sellers to claim ITC on their business expenses.
In summary, GST is an important documents required to sell on Amazon India because GST is an important tax for businesses selling goods and services in India. By requiring sellers to provide a valid GST registration number, Amazon India ensures that sellers comply with Indian tax laws and facilitates the collection and remittance of GST. Additionally, it allows sellers to claim ITC on their business expenses.
4. Bank Account Information
Another documents required to sell on Amazon in India is the Bank Account Details. You will need to provide information about your bank account, including the name of the account holder, the account number, and the IFSC code. Type of bank account can be Current Account or Saving Account depends on your registration preference.
Bank account information is required when registering on Amazon Seller Central for several reasons:
- Payment: Amazon needs to know where to deposit the money from sales made on the platform. When a seller completes a sale, Amazon holds the funds for a short period, then transfers them to the seller’s bank account. By providing bank account information, sellers can receive payments for their sales.
- Verification: To ensure that the seller is a legitimate business entity, Amazon may verify the bank account information provided during the registration process.
- Tax Reporting: Amazon requires sellers to provide their tax information so that the company can report earnings to the appropriate tax authorities. Bank account information is necessary to ensure accurate reporting of taxable income and to comply with tax regulations.
5. Contact Information
When you submit the documents required to sell on Amazon India, Contact details are a must. You will need to provide your email address and phone number.
Contact information is important to register on an Amazon seller account for several reasons:
- Communication: Amazon needs to be able to communicate with sellers to provide them with important updates, such as changes in policies, account notifications, and customer inquiries. By providing contact information, Amazon can easily reach out to sellers via email, phone, or other preferred communication methods.
- Account Verification: Amazon uses contact information to verify the identity of sellers during the registration process. This helps prevent fraudulent accounts from being created and ensures that sellers are who they say they are.
- Customer Communication: Customers may need to contact sellers with questions or concerns about orders. By providing contact information, sellers can ensure that they are easily reachable and can provide good customer service.
In summary, contact information are important documents required to sell on Amazon India providing accurate and up-to-date contact information is an essential part of the Amazon seller registration process, and is necessary to ensure effective communication and a smooth selling experience.
6. Identity and Address Proof
Identity proofs are important documents required to sell on Amazon India. You will need to provide a copy of your identity and address proof, such as your Aadhaar card, passport, or driving licence.
Amazon India may require additional documentation or information depending on your specific situation. Be sure to review the requirements carefully and provide accurate and complete information to ensure a smooth registration process.
So above are the Important documents required to sell on Amazon India.
If you require assistance with Amazon Seller Registration, Company Registration, or GST Registration, Adsacros can provide expert guidance and support at an affordable rate. Please don’t hesitate to contact us for all your registration needs.
Also Read : How to Analyze Amazon Sales Data, 5 Effective Analysis Techniques