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Mandatory GST registration discourages small businesses to go online

“The fact that small businesses have to mandatorily register for Goods and Services Tax, even though their turnover are below the threshold level of Rs.40 lakh, acts as a major hurdle for them to onboard e-commerce platforms and sell online” said Anil Bhardwaj, Secretary General, Federation of Indian Micro and Small & Medium Enterprises. “The GST threshold should be extended to online sellers as well,” he added.

Source: apnnews.com

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