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No respite for Flipkart, Amazon, on tax collection at source

No respite for Flipkart, Amazon, on tax collection at source

Saturday, February 18, 2017, 5:52 PM

Tax that e-commerce marketplaces have to collect from sellers on their platform, will likely be kept in the final draft of the GST law. The draft GST law proposes that e-commerce companies, at the time of payment to a supplier for the goods supplied, collect up to 2% tax on total payment made and deposit it with the government on behalf of the supplier.
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