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...
E-commerce: Amazon to build 10 new fulfilment centres across India
Amazon India has announced that it is expanding its operations in India by setting up 10 new fulfilment centres across the country. The new network of fulfilment centres will make up a total size of over 8 million square feet and will be able to house millions of...Recent Posts
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