NEW DELHI: With the country's much-awaited the Goods and Services Tax ( GST ) reform in action, e-commerce players are optimistic that more tax benefits will come in within the new tax regime, which will be shared with the consumers. Now when we are able to take these, there is definitely some saving from the cost side also. This cost benefit will eventually be passed on either partially or completely to the customer in the form of lower costs. "The new tax regime may bring about some disadvantages in the near term, which, however, will be short-lived, according to Harsh Shah, co-founder of Fynd, a fashion e-commerce portal. "With e-commerce, one good thing that the GST will bring is that everything in the sector will get into the organised economy.

Source: Economic Times July 01, 2017 13:30 UTC