BUSINESS

Kerala govt slaps fine on Flipkart, Jabong

Source:PTI
January 24, 2015 12:27 IST

The Kerala commercial taxes department has slapped a fine of Rs 53.63 crore (Rs 536.3 million) on four online trading companies including Flipkart and Jabong for allegedly doing illegal business in the state.

The fine was imposed by the intelligence wing of the commercial taxes department for the year 2012-13 and 2013-14, an official release said.

E-commerce major Flipkart has been asked to pay a fine of Rs 47.15 crore (Rs 471.5 million), Jabong Rs.3.89 crore (Rs 38.9 million), Vector e-commerce Rs 2.23 crore (Rs 22.3 million) and Robemall Apparels Rs 36 lakh, a release said. 

Source: PTI
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