Flipkart slapped with ED notice over Big Billion Day sale

E-commerce giant Flipkart has been issued a notice by the Enforcement Directorate (ED). The ED notice was slapped on Flipkart over alleged irregularities in the Big Billion Day sale offered by the company.

ED may impose Rs.1,000 crore penalty on Flipkart, according to reports. However, the e-commerce giant says that it has not done anything wrong.

A Flipkart spokesperson reportedly said that the company is in complete compliance with Indian laws and will completely cooperate with officials when required.

After the Big Billion Day sale several complaints were raised against Flipkart. Online consumers complained that there were glitches and orders were cancelled. While offline retailers called the offers on Flipkart as predatory, harming the business environment in the country.

Earlier the government had said that would look into the complaints.

Commerce and industry minister Nirmala Sitharaman has made a statement that the ministry had received several complaints. And that the concerns of consumers as well as offline retailers would be examined.

Source