The company said nearly one lakh sellers received orders, and it is estimated sales surpassed Rs 4,000 crore.
Under the new Act, a consumer can initiate a complaint from where he resides.
These broaden the challan’s scope to include transactions conducted with non-resident e-commerce companies too.
The revised draft of the policy may entail stricter regulations for Amazon and Flipkart especially after trader bodies have been accusing them of predatory pricing and getting preferential treatment
Lot of firms operating in the e-commerce segment are start-ups, hence there is an expectation of likely waivers on angel tax for such firms.
E-commerce platforms selling consumer products will be held liable for unfair trade practices under the new Consumer Protection Bill.