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New tax system vexes India's online sellers

They face array of documentation conditions and product classifications which affect the percentage of GST levied
Wednesday, July 19, 2017 - 05:50

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Flipkart Online Services, India's largest online retailer, says "close to 95 per cent" of its 100,000 merchants are compliant, but the rest were removed before the GST kicked in on July 1. The e-commerce industry largely views the overhaul as paving the way for long-term growth.

Bengaluru

INDIA'S new tax regime is causing widespread headaches for small merchants and the e-commerce companies they work with.

The Goods and Services Tax (GST), which went into effect on July 1, has been touted as the biggest tax reform since the country's independence seven

sentifi.com

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