In our webinar on ‘GST and E-commerce’ hosted in association with CA Club India, Nehaa Chaudhari and Rajat Mittal discuss several issues that have emerged since the passage of the Goods and Services Act, 2017 in the context of e-commerce transactions. They discuss more specifically on equal tax treatment of suppliers of goods on e-commerce platforms and brick-and-mortar retailers. They also discuss the key provisions affecting the e-commerce sector, common business models, registration, tax collection at source, and how it interplays with GST law.
The full discussion can be found here.
Rajat Mittal is a tax consultant with Ikigai Law having more than 10 years’ experience in handling tax matters. He regularly advises e-commerce clients on various indirect tax issues and has worked with big companies such as Jio, Cloudtail, Uber among many others. He has represented clients before various fora including the SC, various HCs across India, CESTAT, VAT Tribunals and other departmental authorities.
Key points discussed:
- Introduction by Nehaa (4:15)
- Overview by Rajat (5:50)
- Value of supply under GST (6:05)
- E-commerce under GST (6:41)
- Registration under GST, Compulsory registration and categories of registration (7:59)
- Impact of registration provisions under GST (20:37)
- Place of registration (21:29)
- Benefits of composition levy (22:53)
- Person liable to pay GST and its exceptions (29:19)
- Levy and Collection from parties to E-commerce transaction (33:25)
- Tax Collection at Source (TCS) including the criticisms and pushbacks against TCS (34:19)
- Entities liable to collect TCS under GST (37:25)
- Questions (39:35)
- Important issues concerning TCS (50:54)
- Recap of value of supply (55:55)
- Valuation issues in e-commerce (58:57)
- Concept of equalization levy (1:01:46)
- Questions from audience and closing thoughts (1:05:35)