Chartered Accountant
E-commerce export business in India has seen significant growth in recent years. With the rise of digital technologies and internet penetration, more and more Indian businesses are turning to e-commerce as a way to expand their reach and tap into new markets. One of the major advantages of e-commerce export business in India is the … Continue reading E-commerce export business in india
CONCEPT Foreign Trade Policy (FTP) is regulated by the Government of India by way of the Foreign Trade (Development & Regulation) Act, 1992. This Act is concerned with the development and regulation of foreign trade by facilitating imports into and augmenting exports from India. FTP is a set of guidelines and instructions formulated by Central … Continue reading SCHEMES UNDER FOREIGN TRADE POLICY (FTP) 2015-2020 FOR EXPORTERS
CBEC has notified that inter-state/ domestic supply of taxable goods by a registered supplier to a registered recipient/ merchant exporter, for exports, shall attract a nominal GST rate of 0.1%, under CGST/ IGST/ UTGST, in line with recommendations of the 22nd GST Council Meeting held on 6 Oct. 2017, subject to fulfillment of certain conditions, … Continue reading CBEC NOTIFIES 0.1% GST RATE FOR SUPPLIES OF GOODS TO MERCHANT EXPORTERS FOR EXPORTS
THE MAJOR HIGHLIGHTS OF THE GST COUNCIL IN THE 22ND MEETING AT NEW DELHI ON 6TH OCTOBER, 2017 ARE AS UNDER: In a relief to exporters, it was announced that IGST paid for the month of July and August will be refunded from October 10 and October 18 respectively. An e-wallet will be created for … Continue reading THE MAJOR HIGHLIGHTS OF THE GST COUNCIL IN THE 22ND MEETING AT NEW DELHI ON 6TH OCTOBER, 2017
ALL ABOUT GOOGLE TAX (EQUALIZATION LEVY) IN INDIA The Google Tax was brought in by the honorable Finance Minister of India, Arun Jaitley in the Union Budget 2016. However, it is known as Google Tax around the world, yet in India it is known as the “EQUALIZATION LEVY”. WHAT IS THIS GOOGLE TAX (EQUALIZATION LEVY)? … Continue reading ,ALL ABOUT GOOGLE TAX (EQUALIZATION LEVY) IN INDIA
Indian exporters are exporting various goods like- Leather Bags, Leather Wallets, Handicrafts, Mobile Accessories, Soft toys, etc. to countries like- Dubai, Kuwait, Middle-east, Australia, Europe, etc. since long time. Also, with the advancement of internet, many of the young entrepreneurs have started to export goods through online e-Commerce websites like- Amazon.com (USA), Amazon.co.uk, ebay.com (USA), … Continue reading INDIAN EXPORTERS… THEIR PROBLEMS & SOLUTIONS…
UNITED KINGDOM (UK) VALUE ADDED TAX (VAT) COMPLIANCE FOR SELLING THROUGH AMAZON FBA – BY CA VIKRAM JAIN E- Commerce is all about… Growing Fast… or Dying Slow…!! APPLICABILITY OF UK VAT If you sell goods in United Kingdom, it is likely that you will be required to register for Value Added Tax (VAT). VAT … Continue reading UNITED KINGDOM (UK) VALUE ADDED TAX (VAT) COMPLIANCE FOR SELLING THROUGH AMAZON FBA – BY CA VIKRAM JAIN
CA Vikram Jain E- Commerce is all about… Growing Fast… or Dying Slow…!! Series 1, Lesson 5: TAXATION OF INDIAN RESIDENTS SELLING IN USA As per Department of Treasury, Internal Revenue Services, United States of America- “A Non- resident alien usually is subject to U.S. Income Tax only on US Source Income“. US Source Income- … Continue reading E- Commerce is all about… Growing Fast… or Dying Slow…!! Series 1, Lesson 5:
CA Vikram Jain E- Commerce is all about… Growing Fast… or Dying Slow…!! Series 1, Lesson 4: START SELLING ON E-COMMERCE…! For how to sell your products on Amazon.in, you can visit the following link: https://services.amazon.in/services/sell-on-amazon/faq.html What is Sell on Amazon (SOA) ? Ans.: Sell on Amazon is a program that enables you to list … Continue reading E- Commerce is all about… Growing Fast… or Dying Slow…!! Series 1, Lesson 4:
CA Vikram Jain E- Commerce is all about… Growing Fast… or Dying Slow…!! Series 1, Lesson 3: CREATE YOUR OWN IDENTITY…! Your own identity, in business sense, means… a business name for yourself… it may be a Proprietorship firm, a Partnership firm, One Person Company (OPC) (Share Capital/ Turnover not more than prescribed limit), a … Continue reading E- Commerce is all about… Growing Fast… or Dying Slow…!! Series 1, Lesson 3:
CA. Rahul Agrawal 