VAT: India raises annual sales threshold for GST e-invoices
From 1 October 2020, India will introduce the new electronic invoicing regime which will require taxpayers to submit electronic tax invoices to a digital Invoice Registration Portal. Originally, the annual sales threshold required to register for the regime was INR 1...
Daily News Briefing – The Top E-commerce & VAT Stories of 27-31 July
Every week we will publish a summary of the hottest E-commerce, VAT and tax news stories we have reported on in the last week! Here are the top stories for 27-31 July 2020: E-commerce News India’s online retail industry to reach value of $99 billion...
E-commerce: India’s online retail industry to reach value of $99 billion
Research carried out by investment bank Goldman Sachs into Indian E-commerce has found that India’s online retail market will reach $99 billion by 2024. The study also found that E-commerce penetration will more than double to almost 11% by the same year. The growth...
