Restrictions on foreign e-commerce companies to hit FDI in India: US industry body
WASHINGTON: Expressing concern over India tightening restrictions on foreign e-commerce companies operating in the country, leading American industry advocacy groups have said that such a move would have a long-term negative impact on the foreign direct investment as well as consumers. Earlier this week, the government announced changes to the foreign direct investment policy for […]
E-commerce companies will have to register in every state for collecting TCS
NEW DELHI: E-commerce operators will have to register themselves in every state where their suppliers are located for collection of tax collected at source (TCS) and foreign companies can appoint an ‘agent’ on their behalf for securing such registration, the Central Board of Indirect Taxes and Customs (CBIC) has said. From October 1, e-commerce companies […]