Tag - gst

Why e-commerce companies should concentrate more on cash flow than profit

Cash flow: (noun) the total amount of money being transferred into and out of a business, especially as affecting liquidity. E-commerce businesses worry a lot about bringing in the profit, but forget the importance of good cash flow. You may have concluded a good sale and made more than you spent, but unless that money is in hand at the right time you technically don’t have a profit. Simply put, if your money circulation is stunted, stuck or steamed, you [...]

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GST for e-commerce – the pro and cons

What is GST? Goods and Services Tax (GST) is an indirect tax throughout India to replace taxes levied by the central and state governments. The GST is a value added tax (VAT) which is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It is a tax reform which aims to remove tax barriers between states and create a single market by replacing all indirect taxes levied on goods and [...]

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