Abolish Mandatory GST Registration Requirement For Listing On Ecommerce Platforms: CAIT
The provision is preventing large numbers of traders across the country from using ecommerce as another vertical to boost trade: CAIT
Government is contemplating to roll out ONDC…, but, mandatory GST registration provision is a great roadblock for small traders to avail ecommerce benefits: CAIT
Under the GST Act, traders selling goods up to INR 40 Lakhs and those providing services up to INR 20 Lakhs annually are exempted from obtaining a GST licence.
Industry body, Confederation of All India Traders (CAIT), on Saturday urged the government to abolish the mandatory GST registration requirement for listing on ecommerce platforms.
CAIT said that the provision was preventing small traders’ from using ecommerce platforms to boost their sales.
CAIT National Secretary Sunil Agarwal said, “This provision is preventing large numbers of traders across the country from using ecommerce as another vertical to boost their trade.”
Though small traders were more inclined to make ecommerce as their additional module of business, the condition of mandatory GST registration was stopping them from doing ecommerce business activities, he added.
The trade body also drew attention to the government’s ambitious Open Network for Digital Commerce ( ONDC ), saying the requirement for mandatory GST registration to list on the platform could become a major roadblock for small traders.“The Ministry of Commerce is contemplating to roll out ONDC…, but, mandatory GST registration provision is a great roadblock for small traders to avail ecommerce benefits,” Agarwal said.Under the GST Act , traders selling goods up to INR 40 Lakhs and those providing services up to INR 20 Lakhs annually are exempted from obtaining a GST licence. .Adding to this, Agarwal said, “Traders who have turnover below the threshold limit can never list on ecommerce portals or do business digitally through their own websites.”The industry body’s statement comes barely weeks after a CAIT delegation met […]
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