Amazon Clarifies To Government On Legal Fee, Says It Includes Professional Expenses: Report
NDTV
The clarification came after reports that Amazon spent about Rs 8,546 crore in legal and professional expenses during 2018-20 in the country.
Amazon has clarified to the government on its reported legal fee, saying the expense includes professional fee as well, according to sources.
The clarification came after reports that Amazon spent about Rs 8,546 crore or USD 1.2 billion in legal and professional expenses during 2018-20 in the country.
According to sources, Amazon has written to Commerce and Industry Minister Piyush Goyal, saying these reports are inaccurate and "appears to stem from a misunderstanding" of some filings, in particular a "legal and professional expense" line item that includes substantial non-legal expenses.
The letter, a copy of which was seen by PTI, was sent by Amazon Seller Services, the marketplace entity of the e-commerce giant in India on September 28.
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