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Why Flipkart, Amazon, Myntra And Other eCommerce Players Are Under Scanner of GST Council?

flipkart under gst council
Looks like all major eCommerce companies including Flipkart, Amazon and Myntra have encased themselves in the anti-profiteering watch-list!Last year GST council had cut the taxes on 178 products. In consonance with recent reports, eCommerce companies such as Amazon Inc. (NASDAQ:AMZN) and Myntra are likely to face an audit by tax authorities to check if they have passed on profits gained after the tax cut...

GST And Smartphones: Do Indian Buyers Need To Be Worried About Rising Prices?

GST impact on smartphones
The past year has been incredibly eventful for the Indian smartphone and mobile industry. The launch of Reliance Jio brought 4G VOLTE to the masses, leading to increase internet speed and penetration. It also spurred the demand for 4G enabled smartphones, resulting in a smartphone sales boom. Another very notable development over the past year has been the growing dominance...

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