When does a service provider need to register across multiple states? There is much confusion around this and businesses are grappling with answers. We clear the air.

The leather sector is just one example of how Indias vast informal economy -- which accounts for more than 90% of the workforce -- is struggling under Indias new tax rates.

In contrast, the impact would be broadly neutral for property, electricity, telecom, pharmaceutical and fertiliser sectors, it said.

Thousands of small merchants have been dropped from e-commerce sites because they can't meet the new requirements.

Under composition scheme, traders, manufacturers and restaurants can pay tax at one per cent, two per cent and five per cent, respectively in the new indirect tax regime.

The government has set up GST cells to resolve all issues related to the new tax regime, which will help in curbing tax evasion and end inspector raj, Mishra said.

The minister was speaking to reporters at the sidelines of national workshop on Goods and Services Tax (GST) readiness here.

All India Online Vendors Association (AIOVA), a body of over 2,000 online sellers, said the tough stance could impact several genuine sellers because of shortcomings in Amazon's seller performance and monitoring procedure.

If you look at the number of compliances, the number of reports that a company needs to regularly file- there are primarily three reports GSTR- 1, GSTR- 2 and GSTR-3.

In a data-driven age, Indian enterprises are constantly searching for a Cloud model that will best suit their needs. Taking over the traditional Software and Platform as a Service, Cloud infrastructure has taken wings owing to new IT spend coming from small and the mid-sized businesses.

India is estimated to have about 48 million MSMEs, employing about 11 crore people and contributing nearly 45% of the manufacturing output and about 40% of exports.

Go to any goods market in India or visit any online retail site, you will find cheap Chinese products everywhere whether it's electronic gadgets, crackers, decoration items, or other daily consumables, you will find a cheaper Chinese version for almost everything.

Besides, in a relief to the MSEs, the sector has been exempted from paying tender cost and earnest money deposit for participating in the railway tender.

Jewellers are not complaining about loss of business as hardly anybody buys jewellery at this time of the year, but the tax rankles.

Jewellers are not complaining about loss of business as hardly anybody buys jewellery at this time of the year, but the tax rankles.

The truckers gain, however, is a loss for small vendors and hawkers who did brisk business at choke points on highways.

The provision, would be implemented after infrastructure for smooth generation of registration and its verification through hand-held devices with tax officials is ready.

In SMEs, business data tends to get spread around everywhere and trapped in unaccounted silos, BI removes presents a more holistic picture, formed from all data sources.

In the post GST world, if one becomes a non-compliant vendor, will our customer deal with us?

Govt is not amused by what businesses are doing. It is one thing to modify goods to avail lower rates and another to misuse the provision.