Small traders to gain in GST relief for e-commerce sellers, transport

Easing compliance for taxpayers, the Goods and Services Tax (GST) Council has also given relief to the transport sector and small online sellers by waiving mandatory registration norms for small businesses. Changes in the law will come into force on January 1, 2023. The move will benefit approximately 120,000 small traders, officials said.

For the transport sector, the council lowered GST to 5 per cent from 18 per cent on ropeways, renting of goods carriage, including fuel cost, and even exempted the foreign component of the tour package from GST. It also allowed composition dealers to undertake intra-state supplies via e-commerce operators, sources said.