MSMEs selling online need simpler GST rules
In a welcome move last year, the GST Council during its 47th general meeting, brought both offline and online sellers on the same footing with respect to mandatory registration of GST. Earlier, online sellers selling through e-commerce had to mandatorily register for GST irrespective of their annual revenue, whereas for offline sellers, there was an exemption up to ₹40 lakh annual revenue (₹20 lak…