Industry body, Assocham has sought clarity from the Government on the definition of the scope of e-commerce under the Goods and Services Tax (GST).
“The scope of the e-commerce definition as given in the Goods and Services dispensation has been left so wide that it could go well beyond Amazon or Flipkart marketplace platforms and may even cover the commodity exchanges,” the Assocham said adding it covers all businesses where the supply of goods / services is through a digital or electronic network.
The industry body maintains that commodities exchanges cannot be treated as electronic commerce operator in their legal capacity as well as in common parlance.
"In our opinion such an interpretation will not be in consonance with the object and intent of special provisions for the electronic commerce business,” it said.
While communicating to different concerned ministries, Assocham has also sought clarity in the implementation of GST which is expected to roll out either in July or latest by September this year, Bureaucracy Today has learnt.
“The Assocham would like a seamless and flawless roll out of the GST to infuse a sense of confidence among the consumers, trade and industry. Eventually, the GST should become a showpiece of our reforms,” said chamber Secretary General, DS Rawat.