The advent of the Goods and Services Tax (GST) gave rise to different scenarios. Customers are happy with post GST discounts. Flipkart and Amazon restarted delivery in Uttar Pradesh, Bihar and Gujarat. And, smartphones and electronics regained their former glory in terms of sales. But, while some celebrated the benefits of GST others endured severe impacts. Marketplaces began banning non-GST compliant sellers and other platforms stopped pre-GST payments to sellers.
On the surface of it all, everyone is for the tax and what it stands for but are online sellers happy with the way GST implementation was executed? Indian Online Seller spoke with every day online sellers for a feel of the actual impact of GST in ecommerce. Here are the results we uncovered with insights from online sellers after a month of GST:
To support their above claims the sellers we interacted with shared the following details with us:
As you can see, GST has affected online sellers in numerous ways. Some say it’s a big mistake others are hopeful to see benefits in time. Which side of GST do you see yourself on? Tell us through your comment below.