Snapdeal Launches GST Guru Initiative To Train Sellers
New Delhi: E-commerce players are gearing up to the calling of GST expected to be implemented this July. In tune with this, Snapdeal has launched GST Guru, a program which will include a range of initiatives to help prepare the sellers on its platform to enable smooth transition for the impending GST reforms.
The program is affiliated to Snapdeal Seller Training Academy which offers comprehensive training and development opportunities to sellers to derive the maximum benefit from the marketplace, as well as e-commerce overall, the company said.
Earlier this month, e-commerce players have come forward to collectively raise concerns against the proposed tax collection at source under the Goods and Services Tax [GST], given that there are thousands of small players on each platform who are likely to be hit once the rule is implemented.
“The GST is one of the most wide sweeping reforms launched by the government of India in the recent times, and will deeply affect how business is conducted and reported in our country. Late last year, we realised that there is a lot of confusion, especially among MSMEs on how they will be impacted by the changed tax structure, as well as other GST related formalities. This program was therefore launched to bring expert help to our sellers, to make the transition as seamless for them as possible,” said, Vishal Chadha, Senior Vice President, Business.
As part of the GST Guru, Snapdeal is offering sellers an exhaustive range of resources to ensure they are up to speed with impending policy changes. The GST 101 series of weekly newsletters offers information around the top areas of concern for sellers, and helps them prepare for the big shift. Likewise, a Weekly Business Digest that addresses pressing topics for sellers as and when they emerge is running special editions on GST compliance. Additionally, Snapdeal will also provide accounting and taxation advice to sellers, in collaboration with subject experts, says a press release issued by the company.