Govt planning national e-commerce regulator
6 years, 5 months ago

Govt planning national e-commerce regulator

Live Mint  

New Delhi: A national regulator for e-commerce, mandatory data localization and tax sops for data centres are part of an upcoming legislation governing all aspects of electronic commerce in the country, the draft of a national policy showed. While the draft e-commerce policy has strongly recommended data localization, it has suggested a two-year sunset period for the industry to adjust before localization rules becomes mandatory. Both the draft e-commerce policy and the Srikrishna panel have suggested that the government would have access to data stored in India for national security and public policy objectives subject to rules related to privacy, and consent. To encourage micro, small and medium enterprises, the draft e-commerce policy recommends allowing them to follow inventory-based models for selling locally produced goods through an online platform.

Data Commerce Draft National Policy Srikrishna Data Localization Govt Planning  localization  tax  regulator  national  policy  draft  ecommerce  data  gst  companies  govt  planning  goods

History of this topic

Simplification in principal place of business norms mooted for MSMEs
1 year, 1 month ago

Simplification in principal place of business norms mooted for MSMEs

Deccan Chronicle  

New Delhi: In a move to help facilitate small business houses in the country for goods and services tax or GST registration, simplification in the principal place of business or PPoB norms has been mooted to be mandated in every state. In the interest of digitisation and reduction in their compliance burdens, the efforts taken by the government and GST …

DC Edit | E-com policy initiative welcome
1 year, 4 months ago

DC Edit | E-com policy initiative welcome

Deccan Chronicle  

The Union government’s decision to finalise the long overdue national e-commerce policy is a welcome move, which will guide one of the fast-growing sectors of the Indian economy. By offering huge discounts, the e-commerce sector has gradually transformed from a $14-billion market in 2014 to $70-billion in 2022 — a growth of five times affecting fortunes of hundreds of brick-and-mortar …

Big Decision For Small Online Players: No Need For GST Registration If Sales Are Below Rs 20 Lakh
2 years, 6 months ago

Big Decision For Small Online Players: No Need For GST Registration If Sales Are Below Rs 20 Lakh

News 18  

In a move that will benefit persons in the unorganised sector, the GST Council on Wednesday decided to waive mandatory registration for small entities selling their products online. The Council has provided the “waiver of requirement of mandatory registration under section 24 of CGST Act for person supplying goods through ECOs, subject to certain conditions, such as – a) the …

India’s Biggest Worry is Jobs and e-Commerce Can Play a Key Role Here
3 years, 6 months ago

India’s Biggest Worry is Jobs and e-Commerce Can Play a Key Role Here

News 18  

E-commerce is helping India achieve a more inclusive growth by creating large-scale employment opportunities, enabling first-generation entrepreneurs, skilling youth, empowering women, and formalization and integrating MSMEs from tier-2 cities and beyond in national and global supply chains. E-commerce is motivating first-generation entrepreneurs to start and expand businesses, given the greater ease of doing business and lesser investments in online compared …

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?
3 years, 6 months ago

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?

Firstpost  

Along the lines of the grievance officers that social media platforms are required to appoint an India, e-commerce platforms, too, will be mandated to create the roles of a chief compliance officer, nodal contact person, and resident grievance officer The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 …

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?
3 years, 6 months ago

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?

News 18  

The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 billion in value. But the amended rules say that such “no e-commerce entity shall organise a flash sale of goods or services offered on its platform” where such a sale is “organised by fraudulently intercepting the ordinary course of …

Let’s have light-touch regulation for small businesses
4 years, 1 month ago

Let’s have light-touch regulation for small businesses

Live Mint  

The role that India’s micro, small and medium enterprises play in the country’s economic growth is evident. However, liquidity alone will not do enough good if small businesses must operate under a strict regulatory and taxation regime, especially when it comes to MSMEs selling their output via e-commerce channels. Small businesses that are waiting to adopt digital sales channels may …

E-Commerce Websites Required To Declare Country Of Origin Of Products Sold By Them: Centre Tells Delhi HC
4 years, 5 months ago

E-Commerce Websites Required To Declare Country Of Origin Of Products Sold By Them: Centre Tells Delhi HC

Live Law  

The Central Government on Wednesday told the Delhi High Court that under the Legal Metrology Rules, 2011, the e-commerce websites are mandatorily required to declare the country of origin of the products sold on their portals. The information was provided to a Division Bench of Chief Justice DN Patel and Justice Prateek Jalan in a plea seeking a direction to …

Delhi HC Issues Notice In Plea Seeking A Direction To Be Issued To All E-Commerce Websites To Publish Country Of Origin Of The Products Sold By Them
4 years, 6 months ago

Delhi HC Issues Notice In Plea Seeking A Direction To Be Issued To All E-Commerce Websites To Publish Country Of Origin Of The Products Sold By Them

Live Law  

Delhi High Court has issued notice in a plea seeking a direction to be issued to the e-commerce websites to publish the country of origin along with the products in order to promote selling of goods manufactured in India. Filed by Mr Amit Shukla, the petition seeks a direction to be issued to all the e-commerce websites to comply with …

Govt, RBI promise to address concerns on data localization rule
5 years, 6 months ago

Govt, RBI promise to address concerns on data localization rule

Live Mint  

New Delhi: The government and the Reserve Bank of India will address all the concerns of technology and e-commerce firms around India’s data storage and protection norms and new legislation that are in the pipeline, an official statement said on Tuesday. The assurance comes after commerce and industry minister Piyush Goyal met representatives of technology and e-commerce firms on Monday …

Opinion | Data localisation must spell data protection
5 years, 8 months ago

Opinion | Data localisation must spell data protection

Live Mint  

Analysts of India’s foreign relations are realists. They are well aware that the country’s “global strategic partnership” with the United States has multiple dimensions and that business has assumed centre stage ever since Donald Trump entered the White House. That the relationship isn’t as smooth as New Delhi would like was made amply clear by US Secretary of Commerce Wilbur …

Opinion | India’s draft e-commerce policy is more a miss than a hit
5 years, 10 months ago

Opinion | India’s draft e-commerce policy is more a miss than a hit

Live Mint  

The much-anticipated draft e-commerce policy was released on 23 February. Take for example, the manner in which the draft e-commerce policy addresses the question of ownership of personal data. It implies that the Indian government does not trust its citizens to make the right choices about their personal data and that the state must therefore step in and manage it …

Mandating e-commerce firms to store user data exclusively in India will impact their business: Experts
6 years, 3 months ago

Mandating e-commerce firms to store user data exclusively in India will impact their business: Experts

Firstpost  

An initial draft policy set up to formulate a national e-commerce policy has suggested that all e-commerce companies will have to store user data exclusively in India in view of security and privacy concerns. New Delhi: Making it mandatory for e-commerce players operating in the country to store user data exclusively in India will impact their business, according to industry …

How localization of data will affect firms, consumers
6 years, 4 months ago

How localization of data will affect firms, consumers

Live Mint  

Data localization has taken centre stage after the release of a draft e-commerce policy and the Srikrishna report. A 6 April RBI circular said: “All system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India. Last week, RBI told payment firms to submit fortnightly updates on the …

Draft policy expects e-commerce platforms, search engines to store data locally
6 years, 4 months ago

Draft policy expects e-commerce platforms, search engines to store data locally

Firstpost  

The draft has been criticised in some quarters, prompting the commerce ministry to tweet on Saturday that “another round of consultation with stakeholders” will be done to address their concerns. New Delhi: A draft e-commerce policy wants online retailers such as Amazon.com, search engines like Google and social media platforms to locally store data generated by users in India, with …

Can data localization help protect national, economic interests?
6 years, 5 months ago

Can data localization help protect national, economic interests?

Live Mint  

If data is likened to oil, it’s with good reason. Recent efforts towards creating a robust data protection framework in India focus on one aspect across various parts of the government machinery—data localization. Four key pronouncements in quick succession have hailed data localization as the solution to protect Indian consumers and safeguard India’s national and economic interests. The bad news, …

How India plans to regulate e-commerce
6 years, 5 months ago

How India plans to regulate e-commerce

Live Mint  

The government is planning to bring in an e-commerce law and a sector regulator to effectively deal with all aspects of online retail. A national e-commerce policy will also enable better negotiations on multilateral issues with the World Trade Organization. The draft e-commerce policy proposes that all discounts offered by large e-commerce firms be phased out within two years to …

Draft e-commerce policy: Govt to ensure level playing field for domestic players; all you need to know about the blueprint
6 years, 5 months ago

Draft e-commerce policy: Govt to ensure level playing field for domestic players; all you need to know about the blueprint

Firstpost  

Traders welcome the government’s move to formulate an e-commerce policy that mandates local storage of user data, and hoped the policy will help build robust reform. The think tank will now work on the final draft national policy for the e-commerce sector, based on the recommendations, which would be placed in the public domain for further comment. Data policy Data …

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