Vol. 7 No. 2 (2017): Vol 7, Iss 2, Year 2017
Articles

Gst impact on the e-commerce sector: an overview

VIJAYA KUMAR K
Assistant Professor of Commerce & Research Advisor, Jamal Mohamed College, Trichy – 620020
JABIMOL C. MAITHEEN
Ph.D. Research Scholar (Commerce), (Ref. No:09095/ Ph.D.K 4 /Commerce/PT/April 2017 Jamal Mohamed College, Trichy – 620 020.
Published June 30, 2017
Keywords
  • GST – Impact – E Commerce –Impact of GST – Advantages – Disadvantages
How to Cite
K, V. K., & C. MAITHEEN, J. (2017). Gst impact on the e-commerce sector: an overview. Journal of Management and Science, 7(2), 245-249. https://doi.org/10.26524/jms.2017.32

Abstract

The success of the e-commerce sector is largely dependent on the increasing
number of retail entrepreneurs, who fall in the unorganized retail sector category. The
government has included such players in the ambit of GST with an intention of broadening
the tax base and has introduced specific provisions for the e-commerce companies. This is
one of the major taxation reforms in Indian taxation system.GST is to set to integrate all state
economies and increase the overall growth of the country.GST will create unified market and
boost the Indian economy. The Goods and Service Tax (GST) is a value added tax to be
implemented in India.. There are 3 kinds of taxes under GST: 1) SGST 2) CGST 3) IGST.
The GST tax rates are divided into 5 categories which are 0%, 5%, 12%, 18%, 20%.
Implementation of GST is one of the best decision taken by the Indian Government. The
success of the e-commerce sector is largely dependent on the increasing number of retail
entrepreneurs, who fall in the unorganized retail sector category. The government has
introduced such players in the ambit of GST with the intension of broadening the tax base
and has introduced specific provisions for the e-commerce companies. This paper focuses on
the concept of GST and their impact on E-Commerce

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