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What is the purpose of the "Electronic Commerce Operator" (ECO) paying IGST in certain cases?
  • a)
    To reduce the tax burden on consumers
  • b)
    To simplify the tax collection process
  • c)
    To shift the tax liability from suppliers to ECOs
  • d)
    To encourage more businesses to operate online
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of the "Electronic Commerce Operator" (E...
The purpose of the "Electronic Commerce Operator" (ECO) paying IGST in certain cases is to shift the tax liability from the suppliers of goods or services to the ECOs, making them responsible for collecting and remitting the tax to the government.
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What is the purpose of the "Electronic Commerce Operator" (ECO) paying IGST in certain cases?a)To reduce the tax burden on consumersb)To simplify the tax collection processc)To shift the tax liability from suppliers to ECOsd)To encourage more businesses to operate onlineCorrect answer is option 'C'. Can you explain this answer?
Question Description
What is the purpose of the "Electronic Commerce Operator" (ECO) paying IGST in certain cases?a)To reduce the tax burden on consumersb)To simplify the tax collection processc)To shift the tax liability from suppliers to ECOsd)To encourage more businesses to operate onlineCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of the "Electronic Commerce Operator" (ECO) paying IGST in certain cases?a)To reduce the tax burden on consumersb)To simplify the tax collection processc)To shift the tax liability from suppliers to ECOsd)To encourage more businesses to operate onlineCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of the "Electronic Commerce Operator" (ECO) paying IGST in certain cases?a)To reduce the tax burden on consumersb)To simplify the tax collection processc)To shift the tax liability from suppliers to ECOsd)To encourage more businesses to operate onlineCorrect answer is option 'C'. Can you explain this answer?.
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