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E Commerce Companies Seek Exemption From GST

E Commerce companies such as Flipkart and Amazon have sought exemption from the proposed GST regime. Contesting on the point that online marketplaces only provide a ‘platform’ to vendors and customers and do not make money out of sales, E Commerce companies have asked the government not to bring them under the ambit of the GST. According to representation made at the first meeting of the Empowered Committee of State Finance Ministers held after the Parliament approved the GST Bill, companies like Flipkart, Amazon India and Snapdeal are only ’service...
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Tally Solutions Launches GST-Ready Version In 6 States

Tally Solutions has announced the rollout of Release 5.4, the latest version of the Release 5 series from its Tally.ERP 9 suites, in the national capital territory of Delhi and five states – Bihar, Gujarat, Madhya Pradesh, Maharashtra, and Tamil Nadu. While this is the maiden launch of Series 5 in Bihar and Madhya Pradesh; Delhi, Gujarat, Maharashtra and Tamil Nadu stand to benefit from the enhanced performance experience that the 5.4 version has to offer. With the constitutional amendment for GST now passed, the entire country is gearing up...
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