Impact of GST on Online Retail Sector

Reaction from online players as GST date approaches

As the mega tax reform in the form of the 122nd amendment to the Constitution of India is gathering pace the online players suddenly seem to have developed cold feet. While the government machinery is scaling up to achieve the GST implementation deadline of 1st April 2017, the online companies are coming out with excuses[…]

Revolutionary Step with Model GST Law

By now, most of the people are clear on the Goods and Service Tax concept and the proposed components of GST. We all understand that the GST will have the Centre (CGST), the state (SGST) and interstate (IGST) transaction forms. These three components will subsume most of the taxes that are charged by the centre[…]

Impact of GST on Online Retail Sector

Impact of GST on Online Retail or B2B Segment

Recently a fresh turmoil has been created in the GST arena with the states pitching in with a fresh requirement. They have sought the right to tax B2B or business to business transactions. They seem to be carried away by the boom in the digital economy and the heavy influx of online start-ups in the[…]