GST or Goods and Services tax is implemented from July 1.I am a Chartered accountant.You can ask your all doubts on this thread.
Fact: GST registration is applicable on everyone earning online.
I buy products frequently from Online EC Websites (Paytm,FK,Amazon)...Will I see a change in prices on grocery or electronic items or even retail(I know Govt has in/decreased taces on these items..So how will the Sellers react..will they increase prices or will they pass benefit to Cts)?
is GST on Gold yet to be fixed(read somewhere that it is around 3%)
There will be some fluctuation in pricing. Mostly bigger companies will change the pricing considering anti profiteering clause.Yes gold is taxed at 3%.
Hello!A question from a guy who understands just about Zero about finance After GST, will the same item NECESSARILY be cheaper online than physical? That's what we all want..?
USP of GST is one tax, one nation and one market.It does not matter. All depends on how far E-com can burn their pockets.
I dont understand what you said - WHAT does not matter?