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'E-commerce term too wide in GST, may cover commodity exchanges'

'E-commerce term too wide in GST, may cover commodity exchanges'

Sunday, April 16, 2017, 6:54 PM

Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the GST regime, as the current definition is wide enough to even cover commodity derivatives exchanges."E-commerce definition, as given in the GST dispensation, has been left so wide that it could go well beyond Amazon or Flipkart marketplace platforms and may even cover the commodity exchanges," the Assocham said.
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