Tougher GST Rules for E-commerce Operators: What You Need to Know

Blog read time: 2 mins

December 2024-la GST Council oru set of new rules announce pannirukaanga, especially for e-commerce operators. Ithu compliance improve pannum and tax obligations stricter-aakum. Each point break panni paakalam:

• Penalty Increase: E-commerce operators TCS (Tax Collection at Source) remit panna fail aana ₹10,000 or TCS amount (whichever is higher) antha penalty neenga pay pannanum. Ithu online platforms-ku strict compliance assure panna iintroduce pannirkaanga.
• Mandatory Registration: Threshold illa! E-commerce operators ellarume GST-ku register pannanum, turnover e-value irundhaalum matter illa.
• Monthly Reporting: GSTR-8 filing mandatory. Operators monthly-a TCS details submit pannanum, ithunaala transparency improve aagum and tax monitoring easier pannum.
• Platform Accountability: E-commerce platforms suppliers GST-compliant-a irukaanga nu confirm panna vendiyadhu. Suppliers GST register aagi proper-a sales report panna ensure pannanum.
• Impact on Small Suppliers: Small suppliers-ku ithu challenge-a irukalam, but proper planning and compliance maintain panna ithai manage panna mudiyum.
• TCS Applicability Clarified: TCS only net taxable supplies mela varum. Returns and cancellations consider panna tax calculate pannanum nu clarify pannirukaanga.
• Transition Period: New rules adapt panna time kudukkuranga, so systems and processes update panna vendors-ku chance irukku.

Compliance strict-a irukku but long-term-la business platforms and tax framework improve aagum. E-commerce la irukkara suppliers ellarum intha changes note pannunga! 🚀✨