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Warning from Tamil Nadu Government to all ‘On-line’ Traders
Posted on: 09/Oct/2014 2:36:07 PM
Tamil Nadu government has issued a warning to on-line traders that they should pay the taxes for the products sold on-line. Legal action will be taken on Failure to pay these taxes.
It may be noted it was recently established that some on-line traders have not been paying the taxes.
One of the on-line trading companies doing business of several crores of Rupees paid only a token amount as taxes. When all the bank transactions were checked, it was established that the on-line trading company had not disclosed sales amounting to several crores.
Tamil Nadu Government has categorically announced that these on-line traders should pay the taxes as per law. It has also insisted that the buyers must obtain receipt while making purchases on-line.
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