GST: E-commerce players, sellers say rates would hurt small businesses

E-commerce players and sellers on marketplace platforms say the goods and services tax (GST) rates will hurt their business.

The Confederation of All India Traders (CAIT) said there were several disparities and ambiguities in the classification of items under the GST tax slabs.

The trader body said they were not consulted before finalising the tax incidence on their sector. It now wants the government to form a high-level committee of senior officials and representatives of traders to iron out such disparities for smooth transition to the GST regime.

“Though trade and industry stands in support of GST. Regrettably, so far, no concrete steps