Hi My name is Swapnil

Swapnil1
Level 1
Mumbai, India

Hi My name is Swapnil

I Certain question

 

1) Is Vat applicable in India and the payment which i receive as a host will it be Vat included.

2) Do i need to register for mvat in maharashtra, mumbai?

3) i have an axis bank saving account will the money get deposited without any problem or do i need to get a paypal account?

2 Replies 2
Shikha0
Level 5
Gurgaon, India

Hey Swapnil,

 

Please refer to this link for all tax related questions:

https://www.youtube.com/watch?v=zyV22q8PfBA

 

Also, Paypal was the old method. According to the new payout methout you need to link your bank account only.

 

Hope this helps.

 

Regards,

Shikha

Apologies for the wrong link there:

 

Please refer to this: https://www.airbnb.co.in/help/topic/247/how-taxes-work