Govt cracks down on e-commerce platforms for failing to pass on GST cuts

The Finance Ministry and the Central Board of Indirect Taxes and Customs (CBIC) have cracked down on e-commerce operators for not passing on the benefits of recent GST rate cuts, sources told CNBC-TV18.

The move comes after complaints that some platforms raised prices even after the GST rate reduction on select items, which came into effect from September 22, sources said.

Also Read: Govt faces thousands of complaints over non-passage of GST benefits after rate cuts

Officials confirming the development shared that the ministry and CBIC are closely monitoring prices listed online to check whether reductions have been effected pre- and post-September 22. “Complaints were received, platforms have been cautioned, and they remain under strict watch,” sources said.

The government has made clear it will not allow profiteering at the expense of consumers and is keeping both offline and online marketplaces under scrutiny to ensure the genuine passage of tax relief.