You are here: Home » Current Affairs » News » National
Business Standard

Will urge FM to probe alleged avoidance of GST by Amazon, Flipkart: CAIT

The CAIT also said the visit of Jeff Bezos, founder of Amazon, on Wednesday to India will be greeted with strong protest from traders across country

Press Trust of India  |  New Delhi 

GST

Traders body on Tuesday said it will urge Finance Minister Nirmala Sitharaman for an investigation into alleged avoidance of and income tax liability by both and

"and have caused huge and income tax revenue loss to the government and will soon meet the finance minister and urged her to institute a investigation into avoidance of and income tax liability on both and Flipkart," said in a statement.

The Confederation of All India Traders (CAIT) also said the visit of Jeff Bezos, founder of Amazon, on Wednesday to India will be greeted with strong protest from traders across country.

Fair trade regulator CCI has ordered a probe against and Amazon for alleged malpractices, including deep discounting and tie-ups with preferred sellers.

CAIT Secretary General Praveen Khandelwal said that with this order, both these firms cannot avoid investigations.

First Published: Tue, January 14 2020. 20:20 IST
RECOMMENDED FOR YOU