Competition and Industry News
Goods And Services Tax On E-Commerce Transactionsedit
GST is immaterial as to what mode of communication the supply contract is negotiated. Tax remains same even if negotiated orally, in writing or through e-communication. Thus on a fundamental level, GST remains the same for e-commerce as compared to any other mode of supply. Nevertheless, there are a few distinct provisions to e-commerce operators and, goods and service providers supplying through e-commerce portals. This article is an attempt to explain those provisions. There are two models of E-commerce.
Publication: LiveLaw.in
Date: December 10, 2019
E-commerceGSTGovernment Likely to Bring New E-Commerce Policy in 2020edit
Government may bring the e-commerce policy in the current fiscal though no timeline can be given, a senior official has said. In February, the government had released a new draft e-commerce policy that provided for regulating cross-border data flows and setting up storage facilities locally. The draft policy sought to disallow sensitive data collected and processed locally but stored abroad from being shared with any third party, even with the consent of the customer. The draft of e-commerce bill is out. We have just started stakeholder consultations. Many including Nasscom, CII have already given their feedback.
Publication: NDTV Gadget 360
Date: December 10, 2019
E-commerce policyNational e-commerce policy to lay down terms for treatment of non-personal, commercial dataedit
Department for Promotion of Industry and Internal Trade (DPIIT) holding stakeholder consultations on the issue, says the official The new e-commerce policy being drafted by the government is likely to lay down how non-personal data such as commercial data held by e-commerce companies, anonymised data and community data are to be treated in terms of their location and processing. MeitY, while working on the Personal Data Bill, had made a separate committee comprising IT experts and officials from key Ministries to look at whether there should be a free flow of non-personal and anonymised data across borders or it should be localised.
Publication: The Hindu Business Line
Date: December 10, 2019
DPIITE-commerce policy