Nasscom Seeks Deferment Of New GST Rules For Ecommerce Deliveries To Jan 2027
The industry body is seeking a longer transition period to allow ecommerce marketplaces to update their accounting, compliance, and technology systems. The new rules, which introduce a 5% GST rate without input tax credit for certain delivery services, were scheduled to take effect on November 1, shortly after being notified.
Key points
- Nasscom seeks deferment of GST rules to January 2027
- New norms introduce a 5% GST rate without input tax credit for specific delivery services
- Industry argues that ERP and invoicing systems require significant adjustments to comply
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