The GST authorities issue notices to 70 foreign companies, including major players like Netflix and Google, requiring compliance with the new 18 percent IGST regulations for digital services in India. Anticipated government revenue is ₹2,000 crore, a substantial increase from the previous year.
Tech, ed tech firms to face 18% Integrated GST adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
GST compliance burden to rise for offshore digital service providers financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Equalization Levy in India for Non-Resident E-Commerce Operators india-briefing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india-briefing.com Daily Mail and Mail on Sunday newspapers.
Tax officers have detected violation of GST law by offshore entities offering online betting and gambling platforms to Indian residents through mobile apps and are working on ways to tackle such mode of tax evasion, a source said.