VAT

The immediate effect of GST has brought transparency in term of taxation, capital flow and smoothness in inter-state business

Introduction of Goods and Services tax is one of the biggest factors which will help this industry revive and achieve its optimum efficiency.

India's B2B e-commerce market is expected to reach $700 billion by 2020 whereas the B2C market is expected to reach $102 billion by 2020.

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.

Central Sales Tax (CST) was meant to be abolished three years ago but is still into practice. The impending presentation of the budget has shot up the expectations yet again. Read out to know more…