Topics In Demand
Notification
New

No notification found.

Blog
NASSCOM submits recommendations on key GST issues faced by IT-BPM, e-commerce Industry

September 8, 2020

758

0

Based on inputs from our members, NASSCOM has submitted a detailed note to officials of Department of Revenue and GST Council highlighting suggestions to address GST related issues faced by IT- BPM and e-commerce industry. The suggestions are divided into six categories:

  1. Issues requiring urgent intervention from the government;
  2. Unlocking working capital locked in accumulated Input Tax Credits (ITC);
  3. Easing ITC restrictions;
  4. Refund related issues;
  5. Issues related to E-commerce sector; and
  6. Other issues and recommendations

Implementing these measures would significantly improve ease of doing business and provide certainty to the industry with respect to the treatment under the GST.

The document is attached for your kind reference.


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


Download Attachment

28943-202009-nasscom-gst-memorandum.pdf

Tejasvi

© Copyright nasscom. All Rights Reserved.