Supreme Court Raises Concerns over MACT Rulings, Seeks Clear and Well-Reasoned Findings || Supreme Court Revives over Rs.16 Crore Service Tax Demand Against BPCL and HPCL in CNG Sales Case || Supreme Court Reduces Gang Rape Convict's Sentence to 20 Years, Cites Reform Prospects || Rajasthan High Court: NI and Commercial Court Proceedings Equal, Grants Accused Original Records || Bombay HC: Officials, Not Taxpayers, Must Pay For Losses From Illegal Project Cancellations || Karnataka HC: Major Unmarried Daughter can Claim PG Education Costs under Domestic Violence Act || Punjab & Haryana HC Calls For Wisdom Amid Lawyers' Strike over LADCS || Kerala HC Orders SIT to Conclude Sabarimala Gold Theft Probe After National Metallurgical Lab Report || Delhi HC Lifts Gag Order on the Wire; Prior Restraint in Defamation Not Sustainable || Delhi HC: Parents Fined Rs.2 Lakh over False Birth Date for School Admission

E-commerce definition introduced in Foreign Trade Policy- (Ministry of Commerce and Industry) (11 Apr 2016)

MANU/DGFT/0045/2016

Commercial

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.

Relevant : Processing payments by Online Payment Gateway Service Providers MANU/APDR/0075/2015

Tags : DGFT FOREIGN TRADE POLICY E-COMMERCE

Share :