Welcome to the world of facts and news: Foreign e-commerce companies will have to split sale price, fee retrospectively

Foreign e-commerce companies will have to split sale price, fee retrospectively

Since sale prices would belong to the resident seller but commissions that the foreign platform charges would belong to the foreign entity, equalisation levy would apply on the latter and local taxes would apply on the former.

from Tech-Economic Times https://ift.tt/3fd4jpO

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