Govt asks e-commerce firms: Why prices went up despite GST cuts ?
New Delhi: The government has asked some major e-commerce companies to explain why prices of certain products were raised even after the recent cuts in the goods and services tax (GST). The new GST regime, which came into effect on September 22, simplified the previous multi-tier structure into two main slabs of 5 per cent and 18 per cent. The overhaul aims to reduce the tax burden and bring…