Megha Nautiyal, Faculty of Law, University of Delhi
ABSTRACT
In an era characterised by the proliferation of digital startups and the expansive growth of e-commerce platforms, this research paper embarks on a journey into the intricate dynamics of the digital economy. It explores the diverse array of business models within the e-commerce domain and meticulously examines the multifaceted taxation challenges confronting these innovative enterprises. Central to the study is a dissection of the provisions underpinning the taxation of e-commerce businesses within the context of Indian fiscal legislation. These challenges encapsulate the complexities inherent in cross-border transactions, nuances of indirect taxation, and the application of the Goods and Services Tax (GST) framework.
This paper elucidates the pivotal roles undertaken by commercial banks and intermediary payment applications in facilitating the seamless execution of fiscal transactions for e-commerce platforms. In addition to the examination of existing challenges, this paper spotlights the ever-evolving trends within the sphere of digital taxation. It probes into innovative approaches and global best practices adopted by governments to effectively tax the burgeoning digital economy. This comprehensive analysis of the taxing complexities faced by e- commerce ventures, situated within the framework of Indian fiscal regulations, coupled with an exploration of the instrumental roles played by financial intermediaries and emerging trends in digital taxation, furnishes a holistic and academically enriched perspective on this consequential economic landscape.
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