Relief for Amazon, Flipkart as small sellers get some more time for their registration according to GST guidelines. Ecommerce companies Amazon, Flipkart will need to register under the guidelines of GST, but the small suppliers on the same platforms will have a relief. No immediate registration is to be made for the small sellers or[…]
12 Amazon physical stores to be opened for the upcoming fashion sale event, in Mumbai, NCR, and Bengaluru. Amazon physical stores! Is it just temporary physical stores or amazon is planning to launch offline stores permanently? In previous years both Amazon and Flipkart have tried to go offline as well. Flipkart company forged an[…]
GST is all set to come in force from July 2017. Its impact will change the essence of taxation system in India. Amazon – a giant online marketplace has suspended its exclusive Platinum Seller Program (PSP) temporarily. Amazon has delayed the renewal of contracts of its top sellers until there is further clarity regarding the[…]
Implementing GST will actually help eliminate the aforesaid taxation problem at the root and give a further boost to the e-commerce sector that is still at a nascent stage, yet growing exponentially, and has the potential to give a huge boost to the country’s economy in the coming years. It is currently being perceived, by[…]