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The Simplicity of Implementing Business for MSMEs Traders’ body Confederation of All India Traders (CAIT) mentioned that there is no decision avail through the government to restrict the violations of e-commerce firms which seems to be a hurdle for the traders of the country. CAIT is doing unwanted business things like deep discounting, predatory pricing, […]
In a customer-centric approach, the world’s biggest e-commerce company Amazon has now rolled out the facility of “Bill to Ship” which is basically providing GST credit from across the states even if the Amazon Business customer had only one GSTIN in a single state. This move has been taken to offer a better indirect office […]
The Director-General of GST intelligence (DGGI) provides a show-cause notice to e-commerce company Amazon India to avail of the input tax credit. Rs 175 cr is raised through GST intelligence, as determined from the sources. The investigation through DGGI has found errors in the computation developed by the e-commerce company. As per the sources Amazon […]
Cloudtail India is one of the largest sellers on Amazon.in Platform, recently its Goods and Service Tax (GST) registration was suspended in Haryana and due to this, the seller faced a major supply disruption. Cloudtail India is an Amazon-affiliated company owned by Prione Business Services, a joint venture between Amazon Asia-Pacific Holdings Private Limited and […]
All the Foreign companies who are operating in the E-commerce space and catering to the Indian consumers are directed to get themselves registered to the GST in all States.
E- commerce giant Snapdeal on Tuesday has announced that its platform successfully implemented new Goods and Services Tax Regime in their system. The new regime will be improving taxation system, order processing, catalogue system, invoicing and ERP systems of Snapdeal
Giant e-commerce marketplace Amazon is in the herd of those who are not clear of GSTs future probabilities and impact the business internally and externally both. Recently it was learned that the highly privileged seller’s program i.e. invites only Platinum Seller Program (PSP) has been suspended due to the uncertainties arising from GST.
The GST council has finally given some relief to the e-commerce retailers in hope to reduce the compliance as well as saving the capital for the same. The giants like Amazon and Flipkart were the first among the queue which was raising the issues and concern on the Tax Collected at Source clause after it was presented at the council’s meeting. The new draft law has proposed that the TCS will now be deducted at 1 percent and will be no limit thereof. The cap has assured that the levy will not surpass this given rate of tax.
The Rajasthan High Court has overturned the prosecution under the Income Tax Act of 1961 against the applicant’s company, which is engaged in e-commerce transactions. The delay faced by prominent companies like Amazon, Naaptol, and eBay in submitting their bills led to the applicant being nearly 10 months late in filing the deducted TDS. It […]
