Cloud Web-based ERP SaaS Software & GST
At present, the federal indirect tax structure combined with different tax regimes in different states has led to a state of pandemonium and uncertainty on tax imposition on the e-commerce industry. Hence, it has been desired for a long time by the online marketplaces and aggregators that proper laws will help make doing business much easier, remove ambiguity and insulate operators from the arbitrary taxation imposed by different states. The current Model GST Law has included a separate chapter on e-commerce transactions. However, there are certain challenges in the Model GST as well which may lead to compliance issues, among other things, in the e-commerce sector that is needed to be resolved.
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