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GST Reimbursement steps for Distributor
  • Distributor is required to raise an Invoice on Vihaan Direct Selling (VDS) for the commission earned every month charging GST @ 18% on the total commission earned (Gross Commission).
  • The Invoice raised should contain GST number of the Distributor, VDS and all other relevant details as contemplated in the GST Act.
  • Distributor to file the GST returns on monthly/quarterly basis
  • Once the returns are filed by the Distributor, VDS will receive the input credit.
  • Post receiving the original invoice and input credit, VDS will reimburse the GST Tax amount to the Distributor’s bank account.

Rules:

  • The Distributor must send the Invoice copy to the company within 10th of the subsequent month.
  • GST reimbursement will be processed only if the Distributor files GST returns every month
  • VDS will process the GST reimbursement at the earliest and in any case within 30 days from the date of receiving the Input credit and the Original Invoice Copy, whichever is later.
  • The Invoice copy must be either physically signed/digitally singed by the Distributor. Invoices without signature will not be considered.
  • Distributor’s registered other than Karnataka have to pay IGST only. Distributors from Karnataka will have to raise CGST/SGST invoice.

GST No of Vihaan Direct Selling India Pvt Ltd (29AADCV8173F1ZY)