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Tag: cos

E-commerce cos may get to upload GST e-invoice for vendors, Retail News, ET Retail

New Delhi: In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for vendors under the goods and services tax (GST) framework. As part of ongoing trials of e-invoicing, a detailed set of clarifications in the form of frequently asked questions have been …

E-commerce cos may get to upload GST e-invoice for vendors, Retail News, ET RetailRead More

E-payments battle leads to $1bn loss for top cos in FY19, Retail News, ET Retail

Digbijay Mishra & Madhav Chanchani | TNN Bengaluru/New Delhi: The battle for domination in the digital payments space has caused a collective loss of over Rs 7,283 crore ($1.03 billion) between SoftBank-backed Paytm, Walmart-owned PhonePe and Amazon Pay during the fiscal ending March 2019. This is a collective increase of 167% from Rs 2,729 crore …

E-payments battle leads to $1bn loss for top cos in FY19, Retail News, ET RetailRead More

CAIT now asks PM to probe violation of FDI policy by e-comm cos, Retail News, ET Retail

New Delhi: Confederation of All India Traders (CAIT) has written a letter Prime Minister Narendra Modi, drawing his attention to the business model of Flipkart and Amazon, alleging the e-tailers are blatantly violating the FDI policy, creating an uneven level playing field for the retailers in India. “Both Amazon and Flipkart are open and blatantly …

CAIT now asks PM to probe violation of FDI policy by e-comm cos, Retail News, ET RetailRead More