Magento 2 Multi Vender GST India extension allows automating Indian GST charges on orders for the multi-vender Magento 2 marketplace.
The Government of India passed a bill on Goods and Services Tax which is an indirect tax on goods and services.
It is extremely comprehensive and complex to understand such that implementing GST for E-commerce stores can be a time-consuming task.
Meetanshi has developed Magento 2 Multi Vender GST India extension that allows charging GST on orders based on the business origin set by the vendors.
The module implements GST calculation in Magento 2 store.
Benefits of Magento 2 Multi Vender GST India
Frontend option to add buyer GSTIN
Calculates and applies GST automatically on the purchase of a product
GST amount is calculated according to the product prices set inclusive or exclusive of GST.
Option to set minimum product price to apply set GST rate
Option to set the GST rate to apply if the prices are below a specified minimum price.
Auto calculates SGST, CGST, IGST, UTGST based on the business origin set.
The destination address, tax rate slab and business origin are considered while auto calculating the GST to cart subtotal.
A detailed bifurcation and view of GST are displayed in the order view, invoice, credit memo, new order Email, shipment & PDFs.
The order invoice PDFs include the digital signature image and text.
Option to charge GST on shipping charges
Enable shipping GST inclusive or exclusive of GST.
Compatibility with all product types in Magento 2.
Export the order-related data from Reports > GST Orders Report
GSTIN, CIN, PAN number, state code, HSN code, bifurcated GST amount, and digital signature are included in the order invoice PDFs
Vendor-Specific Benefits of Magento 2 Multi-Vendor Indian GST by Meetanshi:
Automatically add the fields like business origin, GSTIN, CIN, Pan Number, a signature line for the invoice pdf, and option to upload image for the signature when a new vendor is added.
Automatically adds the below GST fields to be set when a new product is added by the vendor:
Product HSN code
GST rate
Minimum product price to apply GST rate
GST rate to apply on products below the minimum set price
Based on the business origin of the vendor, the order view in the vendor panel display the details like CGST, SGST, IGST, and UTGST.