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<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> </head> <body> <div style="font-family:Verdana, Geneva, sans-serif; font-size:12px; text-align:justify"> <table width="800" border="0" style="border:1px solid #ccc;padding:5px;" align="center" cellpadding="6" cellspacing="0"> <tr> <td align="left" valign="top"> <br /> Ministry of Commerce and Industry <br /><br /> E-commerce definition introduced in Foreign Trade Policy<br /><br /> MANU/DGFT/0045/2016 - (11 Apr 2016)<br /><br /> </td> </tr> <tr> <td align="left" valign="top"></td> </tr> <tr> <td align="left" valign="top" style="background-color:#FDEDCE"><strong>The Ministry of Commerce and Industry introduced a definition for ‘e-commerce’ in Chapter 9 of the Foreign Trade Policy 2015-2020. It is defined as the “buying and selling of goods and services, including digital products, conducted over digital and electric network.” For the purposes of Merchandise Exports from India Scheme, export of goods hosted on a website accessible through the internet to a purchaser will fall under the definition of e-commerce.</strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Relevant : Processing payments by Online Payment Gateway Service Providers <manuid>MANU/APDR/0075/2015</manuid></strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Tags : Dgft, foreign trade policy, e-commerce</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <!--<td><strong>Source : <a target="_new" href="http://www.manupatrafast.com/">newsroom.manupatra.com</a></strong></td>--> <td align="left" valign="top"><strong>Source : newsroom.manupatra.com</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <td align="left" valign="top">Regards</td> </tr> <tr> <td align="left" valign="top">Team Manupatra</td> </tr> <tr> <td align="left" valign="top"> </td> </tr> </table> </div> </body> </html>