ED conducts pan-India raids on sellers using e-commerce platforms Amazon, Flipkart
Thursday, 7 November 2024 ()
The Enforcement Directorate (ED) conducted searches on vendors associated with e-commerce giants Amazon and Flipkart as part of an investigation into potential violations of foreign exchange laws. The raids, spanning multiple cities, focused on financial transactions of "preferred" vendors, aiming to uncover any irregularities related to foreign exchange regulations.
The Enforcement Directorate (ED) conducted searches on vendors associated with e-commerce giants Amazon and Flipkart as part of an investigation into potential violations of foreign exchange laws. The raids, spanning multiple cities, focused on financial transactions of "preferred" vendors, aiming to uncover any irregularities related to foreign exchange regulations.
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