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Indians delay big online buys before GST changes, causing e-commerce sales to drop.
Online shoppers in India are delaying major purchases ahead of upcoming changes to the Goods and Services Tax (GST), leading to a temporary dip in e-commerce sales, especially in high-value categories like electronics and appliances.
The GST Council will discuss a proposed two-tier tax system of 5% and 18% on September 3-4.
Analysts predict a strong sales rebound during the festive season as tax clarity improves and affordability increases.
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Los indios retrasan las grandes compras en línea antes de los cambios en el GST, lo que hace que las ventas de comercio electrónico caigan.