Computer Traders protest against e-commerce websites
Expressing their sheer objection against e-commerce websites of India, that has affected the traditional retailing business, the Udaipur Computer Traders Association has kept their busine
Expressing their sheer objection against e-commerce websites of India, that has affected the traditional retailing business, the Udaipur Computer Traders Association has kept their business closed today.
The association demanded strict government regulations for the booming e-commerce industry which has registered 70% growth in revenue recently.
As per the allegations made by the association, the famous e-commerce sites like Amazon, Flipkart, Snapdeal etc. are delivering goods directly to the customers which is causing crores of rupees of tax loss for government and affecting business of local traders and retailers.
Since the goods ordered online are delivered without paying sales tax, the actual price of particular item is decreased to 5-40 percent. Both e-commerce websites and their consumers are enjoying this benefit; thousands of families whose earnings are dependent upon retailing are facing the financial crises.
Talking particularly about computers, laptops and related goods, the Computer Traders Association said that since last few years, the e-commerce websites are selling electronic goods and computers without any interstate form or bill which is giving loss of crores of rupees to the government.
The traders demanded that, government should impose strict trading regulations for these websites such as manufacturers should keep Market Operating Price (MOP) or Maximum Retail Price (MRP) for e-commerce portals.
Other demands including cutting the foreign investment to 5 percent from 49 percent, new laws like internet sales tax should be introduced, legal action against websites selling goods in cheaper price and strict vigilance and action against defaulters.
According to a research, Indian ecommerce industry is likely to cross 6 Billion Dollar in revenues in 2015. There are more than 3 Crore online shoppers in India with an estimated growth of 30%. Increasing mobile internet, high living standards and busy life are some of the major key drivers of escalating online shopping.