ED Raid In FEMA Case: The Enforcement Directorate (ED) on Thursday (07 November) raided the premises of sellers working for e-commerce companies Amazon and Flipkart in connection with the investigation under the Foreign Exchange Management Act (FEMA). Official sources gave this information. Sources said that raids are being conducted in Delhi, Gurugram (Haryana), Hyderabad (Telangana) and Bengaluru (Karnataka). He said the action pertains to financial transactions being conducted by some “major” sellers who do business through e-commerce platforms such as Amazon, Flipkart, Ali Express. He told that this matter is…
Read MoreED Raid On Sellers Premises Delhi To Karnataka In FEMA Case As selling of Dawood And Lawrence Printed Shirts On E Commerce Website ANN
