News
We're not shops, but platforms: E-tailers voice concerns over GST clause
- Date:
- April 26, 2017
- Source:
- Business Standard
In the absence of any straightforward classification, e-commerce companies are finding it hard to convince the government to treat them not as a ‘shop’ but as a ‘platform’, which vendors use to sell products. Under the goods and services tax (GST), this will imply that e-commerce firms will have to deduct one per cent tax collected at source while making payments to t…