The GSTimes_the monthly Indirect Tax Newsletter - June 2019
14 June 2019
BDO in India presents The GSTimes our monthly newsletter on the world of indirect taxes. The GSTimes aims to cover the impact, GST has had on various industries, whilst also touching upon recent developments from around the globe. Each issue of the newsletter focuses on one sector and features an eminent face to explain, how the adoption and adaptation of GST, has impacted their daily business activities. It further provides answers to various sector specific issues that are frequently raised amongst professionals.
Sector in Focus for this issue of the GSTimes is – E-COMMERCE
E-commerce has transformed traditional ways of doing business and has opened infinite opportunities for existing & new businesses. Owing to internet penetration, widespread adoption of smart phones and changing demographics, the sector has grown tremendously over the last decade and is expected to witness further growth in the coming years. While in the erstwhile tax regime in India, there were no laws governing the taxation of online transactions, under the current GST regime, the statue covers all types of e-commerce transactions. With the country’s biggest fiscal reform in place & increasing number of internet users, more sellers are now going online to provide exceptional services to their customers.
We hope you have a good read.