"No sellers were let go owing to non-compliance of GSTIN (Goods and Services Tax Identification Number). However, since the delisting started ahead of the GST mandate, some (sellers) had to leave prior to the GST implementation," Amit Sinha, COO of Paytm Mall, told ET.The company is also not looking to change the margin structure across categories due to changes in taxation post GST. "We have not revised our margins or service fees. However, our service charge now carries a GST component," said Sinha.Paytm Mall maintained that the delisting has not caused any significant impact on the sales volume and selection on the platform so far. "Existing sellers have done incremental business on our platform, helping us offer a superior consumer experience," Sinha added.Shops will also be provided with Paytm Mall QR Code solution, which consumers will be able to scan to browse their products and place an order instantly.

Source: Economic Times July 17, 2017 02:47 UTC