Taxation of online marketing website transactions(urgent pls
This query is : Resolved
03 March 2014
Dear Sirs
I am going to start a website through which online selling and purchasing of goods made possible. (Like Filpkart, snapdeal etc. Which tax is applicable for me Service Tax of VAT
I am going to start a website through which online selling and purchasing of goods made possible. (Like Filpkart, snapdeal etc. Which tax is applicable for me Service Tax of VAT
Nikhil Kaushik
(Expert)
03 March 2014
both VAT and service tax apply. depends on how it is modeled. any service offered in addition to the good sold is chargeable to service tax.
03 March 2014
Thank you sir
But I have the doubt how VAT is applicable. Because in this case the buyer put orders to me through my site. I process the order and send it to the seller and seller directly send the goods to the buyer then I am providing the service as an agent.
Rgiht?
But I have the doubt how VAT is applicable. Because in this case the buyer put orders to me through my site. I process the order and send it to the seller and seller directly send the goods to the buyer then I am providing the service as an agent.
Rgiht?
Nikhil Kaushik
(Expert)
03 March 2014
well that depends on website to website....each follows its own model.
03 March 2014
Sorry Sir
The answer is not clear and not touch the point. Anybody else there to give me clear answer
The answer is not clear and not touch the point. Anybody else there to give me clear answer
Nikhil Kaushik
(Expert)
03 March 2014
What i mean is that some websites only act as an agent or intermediary like snapdeal, flipkart etc. These websites dont sell anything on their own and merely act as a display portal. In such cases VAT should not apply.
But many websites sell in their ow name and issue invoices too. Ik such cases vat will apply
But many websites sell in their ow name and issue invoices too. Ik such cases vat will apply
Nikhil Kaushik
(Expert)
03 March 2014
you may also refer to this article for a broader understanding https://www.nextbigwhat.com/ecommerce-in-india-vat-and-service-tax-rules-297/
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