Flipkart launches new incentives for sellers
today Jul 9, 2019
Flipkart has partnered with the tax platform ClearTax for tax support in a move to encourage sellers to its platform and increase ease of doing business, especially for micro, small, and medium enterprises.
The e-commerce platform Flipkart will offer its sellers tax and accounting support through its new partnership with ClearTax, TNN reported. Sellers will be able to be paired with chartered accountants who will offer them support for registering their business, filing tax returns, and understanding goods and services tax software for online tax services.
Businesses will also be able to get a “GST Health Check” report to identify what they need to do to be GST compliant. Flipkart intends to use the partnership to ease doing business, especially for its MSME sellers which, as small businesses, may not have GST knowledge or experience.
“Our aim is to make selling on our platform as easy and hassle-free for sellers as possible,” Flipkart’s head of marketplace Nishant Gupta told TNN. “With this ClearTax partnership, we are helping thousands of small sellers in non-metro markets overcome a significant hurdle, so they can so they can concentrate on scaling their businesses.”
“GST is an evolving space. Small businesses in the e-commerce space find it challenging to understand and implement GST changes and adapt to them quickly,” said ClearTax’s founder and CEO Archit Gupta on the reasoning behind the partnership.
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