Every online business generates revenue by advertisements and selling through affiliate marketing. Under GST (Goods and Services tax) regime, the provisions are clearly mentioned for e-commerce operators.
Powerd By SAG INFOTECH
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Every online business generates revenue by advertisements and selling through affiliate marketing. Under GST (Goods and Services tax) regime, the provisions are clearly mentioned for e-commerce operators.
The Goods and Services Tax (GST) is expected to get a new reform that will be more extensive than the changes made so far to straighten out hurdles in making GST compliant and less burdensome.
GST Network has informed the exporters about the refund filing mechanism and allowed them to furnish details on common GST portal in table 6A of GSTR-1 return form.
Amway, an MLM company, demanded the reduction in GST rate on Food Supplements urging the government that the preventives to the health problems should also be considered as important as medicines.
GST has been again in talks due to the Haryana government which will demand reduction in tax rates of plywood and spare parts of farm equipment.
GST implementation is proving very hard for many of the startups which provide home services like UrbanClap and Housejoy.
The GST Council is ready to cut down the items from the list of maximum tax slab of 28% by moving some products of daily usage and products from SMEs (Small and Medium Enterprises) to another lesser tax slab.
According to the survey organized by Nikkei Purchasing Managers’ Index (PMI), a private firm reported that the manufacturing activity fell down in the month of October but the companies hired a large number of workers to provide greater services to the users in respect of outstanding business.
Goods and Services Tax (GST) is the topic of criticism for different industries in India. The protest is lined-up and Brass Industry on Tuesday joined the rally.