sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Direct Tax »
 Direct tax collection grows fastest in 7 years in FY18, courtesy GST; here’s how indirect tax reform helps
 Income Tax: Deadline for filing belated ITR of Assessment Year 17-18 is over
 Income Tax department cautions TDS deductors, says file statements by May 31 or pay penalty
 ITR-4 launched on e-filing portal; total 3 ITRs available now
 CBDT directs income tax department to hold grievance redressal fortnight for taxpayers in June
 Income tax return form-2 in Java format released for e-filing for FY2017-18
 3 ITRs available now ITR-4 launched on e-filing portal
 Businesses, small taxpayers to gain from new direct tax code
 New direct tax code to benefit corporates, income tax payers
 CBDT releases ITR Form-4 for presumptive income from business and profession
 Know how you can save tax through various deductions under Section 80 Income Tax

Nasscom asks commerce ministry to direct states for unified e-commerce tax regime
December, 09th 2015

National Association of Software and Services Companies (Nasscom) has asked the Union Commerce Ministry to direct states to have a unified taxation regime for e-commerce companies in the wake of Karnataka’s move to impose a one-per-cent additional duty for e-commerce businesses.

“We will continue discussions with the Karnataka government in this regard. Many states have adopted policies that do not have this negative impact. Hence, it’s important to have a uniform policy. We have requested the Ministry of Commerce to issue an advisory to states,” said R Chandrashekhar, Nasscom president, at the 18th edition of Bengaluru ITE.biz, the official technology summit of the Karnataka government, that began on Tuesday.

He explained that though the issue is within the purview of states, it is good to have some uniformity since these are not always intra-state transactions.

He also told state officials that the move would hurt the fledgling industry. “The difference in taxation that has been adopted by Karnataka is a bit of concern… Such an approach would not be conducive for continued growth of the segment.”

In October, Nasscom had said it would engage with e-commerce companies to make a representation to the state government about the proposed one per cent value-added tax (VAT) on e-commerce transactions in the state.

According to Chandrashekhar, ease of doing business in terms of regulatory and taxation policies and local market development as the thrust areas that government should pay attention to improve the start-up ecosystem in the country.

He said it was inappropriate to levy tax on a company that provides a platform to enable a transaction, rather than holding the whole inventory. “We will continue the discussions with the Karnataka government in this regard. Many states have adopted policies that do not have this negative impact.”

The state is home to two major online commerce players — Flipkart and Amazon India. Karnataka has been at loggerheads with global e-commerce giant Amazon over taxes on e-commerce transactions and ownership for these taxes. The state has asked Amazon to assume primary responsibility to pay taxes for merchants on its marketplace and register fulfilment centres as additional places of business, which the latter has opposed.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions