- MSMEs have demanded GST compliance parity between offline and online sellers, claiming the new indirect tax regime is taxing for the firms switching over to online platforms
- Post COVID, due to lockdowns and disruptions, smaller players and artisans are trying to sell their goods online
- MSMEs’ demand assumes significance given that festive season is round the corner and customers are fast shifting to online in the wake of COVID-19 pandemic
- The industry has pitched for a range of changes for online sellers from registration to composition scheme to tax collected at source (TCS)
Terming the GST compliance burden as taxing for micro, small and medium enterprises making shift to online selling platform, industry players have urged the government to ease the rules.
They have claimed that regulations prescribed in the GST Act for businesses