In this video we have actually spoken about What is GST, What will be the Impact of GST on ecommerce online company.
GST or Product & Sales Tax, is going to play a terrific role on e commerce market. Whether you have Barrel or Service Tax signed up previously, you have to move existing VAT/TIN into GST.
According to GST Bill, To begin any online business, Seller requires to sign up GST. For online selling on E Commerce portals like Marketplaces GST migration is required, Sellers do not have to Pay the tax to government by their own after successful orders, Marketplaces will be liable to pay the tax on behalf of sellers for every single successful sales & Seller requires to fill the Tax returns just time to time.
Based on GST norms no State forms will be needed to send out any item for inter state service after applied GST.
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