Paytm Mall, the now demerged e-commerce arm of One97 Communications, is training its sellers to be GST compliant, to ensure that they can continue to operate on the platform. The e-commerce platform has launched a seller assistance programme to help merchants get on to the GST Network. "Our platform has third party experts to help merchants ensure tax compliance ahead of the upcoming GST launch", Paytm said in blog post on Medium.
Paytm Mall conducted offline camps and workshops and opened a GST help desk to educate sellers about the new platform. The company has also drawn up backend infrastructure which maps over 90 million products which will classify products under the applicable tax slab. ClearTax, an income tax return filing portal, is aiding Paytm Mall for compliance.
Besides, Paytm Mall has appointed Amit Sinha as its chief operating officer. Sinha was serving as Paytm's senior vice president of business before moving to Paytm Mall. He will be responsible for overall operations, Paytm said in a separate statement.
Source : Bloomberg.com
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