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Businesses are preparing their systems for the commencement of petrol GST e-invoicing. Amidst the resonance of e-invoicing all over the nation, a specific relaxation to e-commerce companies could be seen. The giant e-commerce hubs such as Amazon and Flipkart might get the grant to upload e-invoices on behalf of their registered suppliers under Goods and […]
The Income Tax Department is intending to scrutinize the business of Flipkart and Amazon starting with the details of their top five sellers in India. The motive behind the scrutiny is to check whether these top and most competent online e-commerce portals are obedient to the Goods and Service Tax regime. Alternatively, it appears to […]
The cab based startup has come up in open and filed an appeal to question the rule of GST law in which it is mentioned that all the cab operators have to pay GST on the fares collected by the drivers or cab owners.
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.
On November 16, 2017, the Cabinet set up The National Anti-Profiteering Authority in GST and the main objective of the NAA is to ensure that reduction in GST rates helps down to end consumers.
The central government has been trying every sort of relaxations for the trader’s community, whether offline or online. This time merchants and all those traders which are selling the goods and services through the online portal are now on the track to cover up their business while also staging themselves to be under the GST as soon as possible.
The provisions are never ending and now the government has directed that the small vendors listed on the e-commerce giants like Flipkart and amazon will have to pay a GST in advance under the goods and services tax scheme when they get their payments even if they fall into the exempted series.
It seems that a black cloud is hovering over the e-commerce companies as these are most tensed for the clause arose spontaneously from the GST and now they are Searching for revisions in the draft model GST law, India’s e-commerce giants like Amazon, Flipkart and Snapdeal had come together at FICCI to talk about an arrangement in the law related to TCS (tax collection at source) – an arrangement in the Goods and Service Tax.
Internet business, telecom, and insurance elements may get away from the perplexing essential of partitioned enrollment in every state under the goods and services (GST) administration, with a room or extension for unique arrangements in the draft law. As indicated by government authorities in the GST Council, the request of service providers, including e-commerce players, for a central registration might be met in the GST rules after dialog with states.
