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Tag: GST revenue

CAIT asks FM to probe business model of e-tailers, says deep discounts causing GST loss, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Monday urged the government to probe the business model of e-commerce majors like Amazon and Flipkart, alleging that deep discounts on products were causing loss of GST revenue to the Centre and state governments. In a letter to Union Finance Minister Nirmala Sitharaman, the Confederation of All India Traders …

CAIT asks FM to probe business model of e-tailers, says deep discounts causing GST loss, Retail News, ET RetailRead More