Facilitation of doing business for MSMEs- when the e-commerce policy and the relevant provisions in the Consumer Protection Act shall be reported and executed the offline traders want secure their shop on the e-commerce platforms apart from that running the business on the physical shops mentioned by the CAIT. In the survey, it is mentioned that 92 per cent of the traders wanted that the bigger e-commerce firms to finish the businesses making their monopoly along with disobeying policies and laws.
Exceeding 80% of the traders sees that essential GST registration for executing the business on e-commerce would be harder. The announcement by the government in June is to waive the essential enrollment of the businesses that supply goods intra-state through e-commerce having a turnover of up to Rs 40 lakh.
The government sees in the recommendations of the 47th GST council meeting in June. “The details of the scheme will be worked out by the Law Committee of the Council. The scheme would be tentatively implemented with effect from January 1, 2023, subject to preparedness on the portal as well as by e-commerce operators,”
CAIT National President BC Bhartia and Secretary General Praveen Khandelwal in a statement ruled that “This condition needs to be abolished in order to facilitate small traders to take advantage of e-commerce in widening their business. CAIT will soon meet Commerce Minister Piyush Goyal, who is a staunch advocate for small businesses, and Finance Minister Nirmala Sitharaman,”
The survey sees that nearly 94% of the trader mentioned that the statutory head for e-commerce would be needed to confirm the stronger growth of online business and 92% wants that the present FDI policy in retail required vital changes. Furthermore, nearly 72% of the traders showed concern about the late execution of the e-commerce policy and consumer rules for e-commerce.
Compared to offline retail, e-commerce has no restrictions, allowing anyone to trade anything without worrying about the law, which is unfortunate, as Bharatia and Khandelwal pointed out. Thus, the government must ensure transparency and compliance with the law in the entire retail trade,
