Home / Knowledge / News / Apparel/Garments / Mizoram govt mulls imposing tax on e-commerce purchases
Mizoram govt mulls imposing tax on e-commerce purchases
18
Nov '14
The government of the northeast Indian state of Mizoram is considering imposition of entry tax on products purchased online, according to the state finance minister Lalsawta, a press agency said.

Speaking in the state Legislative Assembly during Question Hour, Lalsawta said the state government does not intend to ban online shopping, although it has received information that many traders have suffered financially due to growth in ecommerce market.

He said some shops in Millennium Centre, the largest shopping mall in Mizoram’s capital city of Aizawl, were forced to close down as their business was severely hit by online shopping.

He said that online shopping is one of the blessings of the modern world and the state government would not like to put an end to it.

The Centre and other state governments are also trying to find ways to regulate online shopping and tax the commodities sold in ecommerce marketplaces, he added.

According to market estimates, total business involved in online shopping in Mizoram is around Rs 87 lakh per month. (GK)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X