- Karnataka AAR ruled that the assessee would be considered as an electronic commerce operator
- The ruling was made in the case of M/s. Changejar Technologies Private Limited
- The applicant sells digital gold through their platform and charges a commission
- The sale amount is directly paid through an escrow account
- The applicant is required to collect tax at source and obtain registration as an E-Commerce Operator
- The ruling was based on the definition of Electronic Commerce Operator and the nature of the distribution agreement between the applicant and the seller
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
- Allahabad HC: Arbitrary GST Registration Cancellations Without Reasons Amount to ‘Economic Death’ for Businesses
- Chennai Fake GST Invoice Racket Busted; ₹350 Crore Evasion Suspected, Prime Accused Arrested
- Overpaid GST: Rectification or Refund? Understanding When to Adjust and When to Claim Refund
- Insurance Brokers Push for Zero-Rated GST to Restore Input Tax Credit and Prevent Premium Hikes













