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GST IMPACT ON ECOMMERCE SELLERS

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GST is a revolutionary tax reform in India since last 200 years & almost the whole country is talking about it. Having said that no one really understands how it actually works & everyone is having their opinion on it. When general people welcome it in open arm, for sellers it is their worst nightmare. We are one of them. Though it is a very good thing for a customer & most of the business, but it actually hit hard towards the eCommerce business Especially for the third party sellers. In the country like India, where third party sellers are really controlling the marketplace it is very difficult for them to adjust to it. With many items' price suddenly hiked because of the new tax slab small sellers are really struggling to cope with it. Either they are changing their product or they have no options but to opt out of the business. Some examples are Tablecloth, handkerchief, socks, college bags, school bags etc. GST made two things very complicated for the eCommerce