NASSCOM submits recommendations on key GST issues faced by IT-BPM, e-commerce Industry
Blog: NASSCOM Official Blog
Based on inputs from our members, NASSCOM has submitted a detailed note to officials of Department of Revenue and GST Council highlighting suggestions to address GST related issues faced by IT- BPM and e-commerce industry. The suggestions are divided into six categories:
- Issues requiring urgent intervention from the government;
- Unlocking working capital locked in accumulated Input Tax Credits (ITC);
- Easing ITC restrictions;
- Refund related issues;
- Issues related to E-commerce sector; and
- Other issues and recommendations
Implementing these measures would significantly improve ease of doing business and provide certainty to the industry with respect to the treatment under the GST.
The document is attached for your kind reference.