GST will help in e-commerce exports, but clarity on policy needed: Industry

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Latest News – Though e-commerce players are expecting a surge in exports after the roll-out of India’s landmark goods and services tax (GST) reform, industry stakeholders feel there is a need to expand the categories for benefits under the export policy.

“The subsuming of major central and state taxes in GST, complete and comprehensive set-off of input goods and services and phasing out of central sales tax (CST) would reduce the cost of locally manufactured goods and services,” Vishwas Shringi, Co-founder and Chief Executive Officer, Voylla Fashion, told IANS.

“This will increase the competitiveness of Indian goods and services in the (Read More)

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