Partners says taxing E Commerce companies will enable online giants to look into discount driven pricing
Trivandrum IT partners have demanded regulation on E Commerce Business. Partners hoped that with General Sales Tax (GST) coming into force, it would eliminate various disparities in the taxation system and bring E Commerce giants under the purview of taxation. Partners, on the platform of the DQ Week Tech Caravan urged the government to take strict actions against unethical business practices and safeguard the interests of offline channel partners.
The DQ Week landed in the “City of ITens” with its brand new edition of Tech Caravan event. The event was organized on 28th March in association with Canon, NNR IT and online partner techBzar.com. The Tech Caravan is a unique initiative by the DQ Week which brings vendors and partners together aiming to create a knowledge sharing platform.
“AKITDA was instrumental in bringing entry taxes in Kerala. We had series of meetings with the finance ministry and other concern government officials and showed them how the state was losing crucial tax revenue by not taxing online transactions. With are optimistic that GST will enable online players to look into their ‘discount driven’ prices,” Villapan said.
“We have integrated and market the system. However, we have no much involvement in the business. We are last in logistic of vendors and that is a matter of concern”, he said. Adding to Villapan’s point, Varghese said that they were demanding parity in the business.
“We cannot stop online trade but we can regulate the business. If online players pay full taxes, there would not be any price competition”, he said.
There was an excellent response from partners in the event. Around 45 people including 35 unique partners participated in the event. There were few queries which were promptly addressed by the representatives of Canon and NNR IT during networking over dinner.