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News GST

  • Dec 20, 2014
  • GST expected to offer a boost to e- commerce

    The proposed national goods and services tax (GST) will give a big boost to the e- commerce sector. In the absence of specific tax laws for companies in this segment, many are battling various issues on this front. A GST is expected to resolve many supply chain issues which impact this sector. “GST, when implemented, will lead to faster shipment and returns and lesser paperwork. Companies will also be able to execute more efficient supply chain strategies, with warehousing based on strategy rather than tax requirements (like octroi),” says Ashish Jhalani, founder, eTailing India & ISeB.

    Source - http://www.taxmann.com