Goods and Services Tax (GST) Bill- a great move by the Indian Govt. for E-Commerce Industry | ANTS ANTS

Goods and Services Tax (GST) Bill- a great move by the Indian Govt. for E-Commerce Industry

imageGoods and Services Tax (GST) Bill- a great move by the Indian Govt. for E-Commerce

Implementation of a GST Tax – the common tax regime in India – will now simplify the complicated tax structure and make life much easier for E-retailers.
End users will also benefit by not paying for over the top costs of the state tax system.
Implementation of the GST will therefore encourage people to open E-commerce portals to sell services and goods across states.
Also, there will a 5% reduction in the overall cost structure of inventory based E-retailers due to a waiver in service tax, helping struggling e-retailers breakeven and be more viable.


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