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Post GST Impact: How Goods and Services Tax Will Affect Prices of Gadgets, Software, and IT Services

Post GST Impact: How Goods and Services Tax Will Affect Prices of Gadgets, Software, and IT Services 3f70u

By Pranay Parab | Updated: 30 June 2017 16:54 IST

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The Goods and Services Tax (GST) will roll out in India on July 1, 2017. This could have a big impact on the prices of smartphones, all other electronic goods, software, and IT services in India. To find out whether the prices of smartphones and other gadgets will rise after Pranay Parab to talk about the impact of GST on tech products and services in India. 62m3n

We start by talking about the basics - what GST is and the taxes it replaces in India. Khurana explains how this impacts businesses in India and what they can do to ensure that they are following GST norms in India. GST norms are complex and this episode features an easy-to-follow explanation of the most important changed GST will bring about.

The discussion soon moves to the impact of GST on people interested in buying gadgets, software and IT services. Will prices of gadgets increase? WhatsApp.

Finally, we discuss the impact of GST on e-commerce websites such as Amazon, and talk about how the new taxation norms impact small retailers. Will you be able to save money buying offline or will discounts online be too tempting to resist? We answer these questions and more.

That's all for this week's episode of Orbital, which you can subscribe to it via Apple Podcasts or RSS or just listen to this episode by hitting the play button below.

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