GST rule change for small businesses a game-changer for ONDC: Goyal

Goyal said another big advantage is for the small retailers who are very keen to engage with ecommerce

The Goods and Services Tax (GST) Council’s decision to waive mandatory registration for small businesses selling via e-commerce may prove to be a game changer for the success of the Open Network for Digital Commerce (ONDC), Trade Minister Piyush Goyal said on Thursday.

To bring parity between online and offline suppliers, the GST Council on Wednesday waived GST registration for those entities that have an annual turnover of up to Rs 20 lakh and those not making any inter-state taxable supply. It also extended the GST composition scheme to online sellers, subject to the turnover threshold of Rs 1.5 crore.