It has demanded a regulatory authority monitoring the e-commerce business in India. It is needed that the government should take necessary steps to ensure a free and fair market having an equal level playing field for all players.
A memorandum to Commerce and Industry Minister Nirmala Sitharaman by Confederation of All India Traders (CAIT) has alleged that e-commerce portals are circumventing the law and engaged in B2C activities which is prohibited for e-commerce marketplace portals.
The CAIT has called for an investigation as to how e-commerce portals are selling goods cheaper than offline market even after charging commission and logistic charges.
It further said that e-commerce is instrumental in causing huge loss of revenue to the state governments.