CA NARESH KUMAR SANKHLA

In a move to streamline tax compliance and bolster accessibility for taxpayers, the Goods and Services Tax (GST) portal has introduced a noteworthy update, enabling Credit and Debit Card payments. This latest enhancement, accompanied by the inclusion of Jharkhand, Karnataka, Rajasthan, and Tripura, signifies a significant leap towards digitalization and ease of tax management. Payment Options and Procedure Taxpayers interested in utilizing this new payment method are encouraged to opt for the E-payment option on the GST portal. Within this section, a dedicated area for Credit/Debit Card payments awaits users. The transaction process is straightforward: 1. Choose the E-payment option. 2. Select the Credit/Debit Card payment option. 3. Choose the preferred bank. 4. Agree to the terms and conditions. 5. Finalize the transaction by clicking "Make Payment." Transaction Charges and Considerations While the introduction of Credit and Debit Card payments enhances convenience, taxpaye

  Can a composition taxpayer sell through an e-commerce operator in India? In the realm of tax compliance, the Composition Scheme emerges as a beacon of simplicity for small businesses, especially those navigating the complexities of e-commerce. Recent amendments have expanded the scope of this scheme, granting e-commerce goods suppliers the opportunity to embrace its advantages. Now, they can revel in the perks of a fixed tax rate based on turnover and streamlined compliance procedures. It's important to emphasize that this amendment exclusively pertains to the sale of goods via e-commerce platforms, excluding services. Service providers operating within the e-commerce landscape remain outside the purview of the Composition Scheme. This amendment represents a significant stride forward, lightening the tax load for e-commerce goods suppliers. It's a testament to fostering growth and adherence to regulations within the ever-evolving digital marketplace.