eraser News

GST 2.0: Centre monitoring whether e-commerce platforms are passing on tax benefits to consumers

The Centre is closely monitoring e-commerce platforms to ensure that the recent GST rate cuts on FMCG items are being passed on to consumers. Field formations are tracking price changes, with a first report due by September 30. The government is closely monitoring whether the recent Goods and Services Tax (GST) reduction on fast-moving consumer goods (FMCG) is being reflected in lower prices on e-commerce platforms, sources told PTI on Tuesday. This comes after reports emerged that some online ...Read More >