E-commerce giant Amazon has said it has not witnessed any dropoff in sellers registered on its platform in India due to the July 1 roll-out of GST, putting to rest the concerns that the country's new tax regime might hurt online retail.
Further, the company said signups of new vendors on its platform have remained strong in the months leading up to GST, indicating that sellers continued to view the online channel as a lucrative mode of business, rather than adopting wait and watch tactics.
"We have started tracking how the sellers' inventory in the warehouses looks. Has there been a drop?