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India: Electric Business Enterprises Are Fined 540 Million Rupees By Evading Revenue From Cash On Delivery.

2015/1/27 11:55:00 40

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 India: Flipkart and other electric business enterprises have been fined 540 million rupees in the form of cash on delivery.


Following the ban by the government of Karnataka, India

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After selling some electronic products and other products, India authorities imposed a high penalty of 540 million rupees on many Internet retailers who had evade taxes in 2012 to 2014.

Flipkart, the largest e-commerce platform in India, has been fined several rupees by evading taxes through cash on delivery.

According to the January 25th report, the companies that were penalized include Flipkart, Jabong, and Vector E-commerce and Robemall Apparels, which owns Myntra equity of the fashion business.

Clothes & Accessories

Retail website Zovi.com).

Flipkart received the maximum penalty for 471 million 500 thousand rupees, Jabong for 38 million 900 thousand rupees, Vector E-commerce for 22 million 300 thousand rupees, and Robemall Apparels for 3 million 600 thousand rupees.

Last year, the Karnataka commercial tax department banned the delivery of goods on delivery services in the state, so Jabong, Myntra, Flipkart and Snapdeal suspended the service.

But the ban is in name only, and these companies are now restarting the service; only government officials are still fooling themselves that the ban is still in force.

A senior official of the tax department of the state said: "we will levy taxes on all electronic businesses.

Because the online retailers have no physical stores, their website serves as the function of the exhibition hall.

If products are sold to local buyers, regional taxes should be levied.

All pactions must be declared tax. "

Sales tax authorities have said that over the past two years, tax evasion companies have been punished.

Now, the Department is looking for other electricity suppliers with tax evasion. Once they are convicted, they will be punished.

Karnataka business tax department believes that according to the relevant laws of India, online retailing belongs to commercial behavior and should be paid taxes.

Even if we appeal to court, the company will lose.

E Binny, a senior industry veteran in Karnataka, said: "in

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The electricity supplier has a daily sales of more than 100 million rupees.

Because of tax evasion, their products can be reduced to a very low discount rate.

And the shop not only needs to pay taxes, but also has various costs, such as exhibition hall costs and staff salaries.

Moreover, because of the high level of education and the popularity of the Internet in Kerala, the evasion of tax evasion by businesses is even more serious.

Jose Sebastian, a member of the finance and Taxation Association of the ancient times, said: "the revenue of any country is derived from commodity tax, and the taxation of online retailing can not be ignored."

A spokesman for Flipkart said: "all our pactions are pparent.

The company's business practices strictly abide by local laws, and we will actively communicate with the authorities to avoid misunderstanding.

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