Apart from this growing digital economy, Many of the business people find that GST improve such as allowing 100% ownership in B2B and ecommerce businesses. And also it will bring uniform tax system over all the nation, So it is a big boost to invest in India.
GST has brought up a long-term positive impacts on the online businesses.
Especially, GST gives the greatest opportunity and the positive direction for cashback business. Though there will be an increase in the prices for a short term causing discomfort to everyone, Nevertheless, the future impact of GST will remain positive for digital business world.
"Special thing about GST, It will bring in stability tax always. Yes, It benefits e-commerce in a big way. The industry in the past faced several issues landing goods across states with difficult paperwork that denied customers in some states of the products available in other states.
But now GST with stable entry tax benefits more like transporting issues for the industry are sorted completely and vendors will be able to ship across the country.
From the above information, The new GST tax rule will not affect online businesses obviously. but people may feel inconvenience because of the unpredictable pricing model for a short time of period.
“Whatever happens people always looking for cashback & coupons to reduct their purchasing headache” because people want to save their money during their purchasing time. whenever they purchase in cashback & coupon websites, they get some satisfaction on getting discounts. So by providing services to people in terms of cashback & coupons to customers can easily make your startup business to the next high level.So there is a big opportunity by starting the business with cashback & coupon business model.
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