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Madhya Pradesh slaps 6% tax on online shopping
24
Jun '16
Madhya Pradesh has become the latest state to decide to impose tax on online shopping. The state government will soon impose a six per cent tax on online shopping in order to increase the state's revenue.

"Madhya Pradesh Government will soon impose six per cent tax on online shopping. This will be imposed on the items we get here through transporters. All the online shipments will be put under supervision, whether it's within the country or from abroad," MP Finance Minister Jayant Malaiya said in Bhopal on Thursday.

"The motto here is to put all the tax free things in the tax bracket and work towards the benefit of those who suffer losses because of selling commodities by imposing with taxes," he said.

Malaiya also said the initiative came as a response to the losses suffered by the government due to the proliferation of internet-based retailers like Amazon, Flipkart, etc.

E-commerce players had earlier described these taxes by state governments as unfair. In the latest case this month, Flipkart and its main rival Amazon have challenged the Gujarat government's notification levying 6 to 21 per cent entry tax on goods that are being purchased through the e-commerce portal in the state. The two –ecommerce players claimed that the tax is discriminatory, because no such tax is imposed on goods brought into Gujarat through other modes of sale. (SH)

Fibre2Fashion News Desk – India


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