On Monday (November 25) the Confederation of All India Traders (CAIT) held a protest march in New Delhi where traders from over 500 districts across the country participated, demanding that Flipkart and Amazon be barred from conducting business.

The protest was held against "unethical and unfair business practices" carried out by Amazon and Flipkart.

The Confederation of All India Traders (CAIT) wrote to the finance minister alleging that e-commerce companies, including Amazon and Flipkart, were selling various products on their platforms at a price much lower than fair market value. It also said that their act is in utter disregard of the provisions of FDI policy and causing tax loss.

The trader's body, which has launched a two-month-long agitation against the e-commerce platforms, alleged that the two platforms have designed their business models on predatory pricing and deep discounting, due to which they were charging GST on the “artificially lowered” price. As per GST law, they cannot undervalue the price of any commodity and under a statutory obligation to charge GST on actual market value.CAIT alleged that since the GST was being charged on the price that the good is sold rather than on its market price, it is, in turn, causing a loss of GST revenue to the government. The body further added that it ‘regretted’ that no authority took cognizance of the issue. The move by the e-commerce companies, they alleged, is destroying the offline business system due to an uneven playing field.

On Monday, CAIT held a protest march in which over 10 lakh traders from over 500 districts across the country participated and submitted memorandums to District Collectors in the name of Prime Minister. The traders demanded that the companies be barred from conducting business.CAIT began its protest against e-commerce companies on November 23 and will go on till January 10, 2020.