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Govt cracks down on Chinese ecommerce firms to check tax evasion

In an attempt to curb tax evasion, the government has launched a massive crackdown against purchases of goods from Chinese online platforms that were evading customs duty and GST. At present, Indian customs rule allows tax exemptions on gifts sent to relatives from Indians living abroad for up to Rs 5,000. The government has directed the post office and courier companies to check thoroughly shipments from China. Chinese etailers such as Club Factory, AliExpress and Shein were allegedly misusing the rules to take advantage of the exemption.

Read More at Times Now News date : 6 Apr 2019, Saturday

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