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MP To Levy 6% Entry Tax On OLS, Channel Welcomes Move

In a major relief to offline channel and a big jolt to online marketplaces, the Madhya Pradesh government has proposed 6 per cent entry tax on E Commerce companies. The government has decided to amend the law in order to bring E Commerce transactions under the ambit of taxation. With the move, Madhya Pradesh has joined the list of states who have already levied entry tax on OLS. While offline channel partners have welcomed the move, the E Commerce players seems furious over the decision. Brick and Mortar has demanded...