Both States Plans to Enhance VAT Act

vatHyderabad: The government of both states plans to amend the value Added Tax Actto for the transaction of e-commerce firms under the tax net, “We have written to the government about the ambiguity in taxing of e-commerce firms, which is not covered in the current Vat law,” the commissioner of the state commercial taxes department Anil Kumar said.

Whereas the online retailers offer a platform that retailers and buyers can use to make transaction. To the sellers E-Commerce firms may also offer logistics and warehousing facilities. Some dealers are indicating warehouses of e-commerce firms as their additional place of business or a branch, and this is to avoid certain taxes says officials.

Medaram Jathara

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