Tag Archives: E-Commerce

GST on E Commerce : Analysis

GST on ELECTRONIC COMMERCE Sponsored Book BUY E-commerce companies selling goods on portal are being made liable to collect GST at source. In effect, the e-commerce companies will be paying advance GST. The actual supplier supplying goods to ultimate customer can avail input tax credit of GST paid by the electronic commerce operator. ‘Electronic commerce‘ shall… Read More »

Procedure for exports through Foreign Post Office using e-commerce platform under MEIS Scheme

Procedure for exports through Foreign Post Office Delhi / Mumbai / Chennai using e-commerce platform under MEIS Scheme of Chapter 3 of Foreign Trade Policy (2015-20) Circular No. 36/2016-Customs F.No. 476/01/2013/LC Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs ************** North Block, New Delhi, Dated 29th July 2016.… Read More »

GST on E commerce transactions

GST on E commerce ‘Aggregator’ means a person, who owns and manages an electronic platform, and by means of the application and a communication device, enables a potential customer to connect with the persons providing service of a particular kind under the brand name or trade name of the said aggregator; ‘Electronic commerce’ shall mean… Read More »

Committee Report on Taxation of E-Commerce

Report of the Committee on Taxation to Examine the Business Models for E-Commerce A Committee on Taxation of e-commerce was constituted by the Central Board of Direct Taxes to examine the business models for e-commerce, identify the direct tax issues in relation to e-commerce transactions and suggest an approach to deal with these issues. The… Read More »

India Post to take E-Commerce to Every Indian

Digital India Initiative Would Further Enable India Post to take E-Commerce to Every Indian India Post Well Set to Bridge Rural-Urban Divide Union Minister for Communication and IT, Ravi Shankar Prasad said today that NDA Government’s initiative to digitalize functioning would help in making e-commerce reach every corner. He said the initiative would further enhance… Read More »

100% FDI for E-Commerce Sector in India

As per Press release by Ministry of Commerce & Industry of Govt of India on 30-November, 2015 FDI in E-Commerce Sector As per the extant FDI policy, FDI up to 100% under the automatic route is permitted in companies engaged in e-commerce provided that such companies would engage only in Business to Business (B2B) e-commerce.… Read More »