Amazon (And Others) Brace For India’s New eCommerce Tax
PYMNTS
FEBRUARY 10, 2020
To get a sense of how the impact may accrue to smaller sellers, Kumar Rajagopalan, CEO of Retailers Association of India (RAI), told Rediff.com that the tax can “create a cash flow situation for genuine sellers, too. The law allows for fines of more than $5,000 per violation. ‘Rent-A-Bank’ Practices Examined.
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