Textile Industry

Unicommerce CEO Welcomes GST 2.0 Simplifications

Published on 
Author: TEXTILE VALUE CHAIN

Kapil Makhija, MD & CEO of Unicommerce, has welcomed the Government’s GST 2.0 reforms, describing them as a major step toward simplifying India’s tax structure and supporting the growth of e-commerce.

"GST 2.0 introduces important simplifications in India’s tax system that could positively impact the e-commerce sector.

By reducing tax slabs and rates on essentials and consumer durables, it can help make products more affordable and encourage greater participation in digital commerce. The reform streamlines compliance, easing operational challenges for sellers and supporting market expansion. It is also expected to benefit e-commerce exports, as simplified tax structures and reduced compliance complexities can enhance competitiveness of Indian products in global markets and fuel cross-border trade. As these changes take effect during the festive season, they are expected to boost consumer spending and increase affordability, creating new opportunities for businesses and consumers alike."

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