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TMI BlogImpact of Covid-19 on E-commerceX X X X Extracts X X X X X X X X Extracts X X X X ..... Impact of Covid-19 on E-commerce X X X X Extracts X X X X X X X X Extracts X X X X ..... stry of Home Affairs (MHA), from time to time. During this period delivery of essential goods, including food, pharmaceuticals, medical equipment were encouraged through e-commerce. Since, the pandemi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... c is still ongoing, it is too early to make an assessment of the impact of the pandemic on the e-commerce sector. E-commerce operators are liable to be registered irrespective of the value of supply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... made by them. The benefit of threshold exemption is not available to e-commerce operators. On specific categories of services the GST is payable by the electronic commerce operator if such services ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e supplied through them. The e-commerce operators are also required to collect Tax Collection at Source (TCS) at the rate of one per cent of the net value of taxable supplies made through them, where ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the consideration w.r.t such supplies is to be collected by such operators. Under GST Act, every registered person shall self-assess the taxes payable and furnish a return for each tax period as speci ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fied. Therefore, e-commerce operators are liable to pay GST like any other supplier of goods or services This information was given by the Union Minister of Commerce and Industry, Shri Piyush Goyal, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in a written reply in the Rajya Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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