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Inc42 Shots | Are Amazon, Flipkart Festive Season Sales Causing Losses To The Govt?

Inc42 Shots | Are Amazon, Flipkart Festive Season Sales Causing Losses To The Govt?

Traders body Confederation of All India Traders (CAIT), on September 29, accused ecommerce website such as Amazon and Flipkart for causing losses to the Indian government by levying GST on the discounted price rather than the actual price of the product.

The body urged the government to take stringent action against these platforms and look into their business model. This month, the trader’s association had also written to the minister of commerce and industry Piyush Goyal seeking a blanket ban on festive season sales.

For info, visit- http://bit.ly/2nQtxSw

Author

Harshil Khatter

Inc42 Staff
Responses
https://inc42.com/videos/inc42-shots-01-oct-with-economy-in-slowdown-modi-pins-growth-hopes-on-startups/

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