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Goods and Services Tax

E-tail firms get GST-ready

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For e-commerce entities, the next few weeks would be tiring. They’re race against time to equip themselves for the goods and services tax (GST) regime that is likely to be effective from July. Last week, the Rajya Sabha passed the four supporting Bills for GST, reinforcing the political consensus on the programme to remove existing barriers for a unified indirect tax regime. E-commerce companies are scheduling classes for their sellers, both online and offline, hiring more people, revamping their technology and warehousing.

This article appeared in Business Standard on 10th April, 2017.