Paytm Mall partners with ClearTax to help merchants become GST-compliant

Paytm's online marketplace vertical, Paytm Mall has launched a comprehensive seller assistance programme to help merchants on its platform to become GST compliant.

It also claimed that over 70 per cent active merchants on its platform are ready for the tax reform.

The company stated that it is supporting sellers get access to Goods and Service Tax Network (GSTN) numbers, simplifying the process of owning multiple GSTNs across states.

Paytm Said, over 90 million products are mapped to HSN codes in preparation for the new tax slabs.

Amit Sinha , Chief Operating Officer, Paytm Mall, said, "We have implemented GST-compliance measures across our supply chain in advance to ensure quick and efficient delivery of items ordered on Paytm mall.

He added, "Our seller platform is also GST-ready and will shift to the new tax structures instantly post launch."

Paytm Mall is also offering third-party experts on its seller services platform to facilitate tax-compliance ahead of the GST launch, and has conducted several offline camps and online workshops to educate sellers about the new tax regime.

For the compliance, it has partnered with ClearTax which will offer GSP and ASP to its merchants. The company also has a dedicated GST help desk to facilitate direct communication with merchants.

To empower local shopkeepers, it is working to add their catalogue online for better product discovery.

It will provide the shops with Paytm Mall QR Code, which the consumers will be able to scan to browse their products and place an order thereby creating a smoother experience.