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Guidelines for Foreign Direct Investment (FDI) on E-commerce - FEMA - Press Note No 3 (2016 Series)

Extract

..... res, is permitted to undertake retail trading through e-commerce. iii) An Indian manufacturer is permitted to sell its own single brand products through e-commerce retail. Indian manufacturer would be the investee company, which is the owner of the Indian brand and which manufactures in India, in terms of value, at least 70% of its products in house, and sources, at most 30% from Indian manufacturers. 2.0 In order to provide clarity to the extant policy, guidelines for foreign direct investment on e-commerce sector have been formulated and are enumerated below: 2.1 Definitions: i) E-commerce- E-commerce means buying and selling of goods and services including digital products over digital & electronic network. ii) E-commerce entity- E-c .....

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Guidelines for Foreign Direct Investment (FDI) on E-commerce - FEMA

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..... fillment, call centre, payment collection and other services. iv) E-commerce entity providing a marketplace will not exercise ownership over the inventory i.e. goods purported to be sold. Such an ownership over the inventory will render the business into inventory based model. v) An e-commerce entity will not permit more than 25% of the sales affected through its marketplace from one vendor or their group companies. vi) In marketplace model goods/services made available for sale electronically on website should clearly provide name, address and other contact details of the seller. Post sales, delivery of goods to the customers and customer satisfaction will be responsibility of the seller. vii) In marketplace model, payments for sale may be .....

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Guidelines for Foreign Direct Investment (FDI) on E-commerce - FEMA

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..... ingle brand retail trading entity operating through brick and mortar stores, is permitted to undertake retail trading through e-commerce. iii) An Indian manufacturer is permitted to sell its own single brand products through e-commerce retail. Indian manufacturer would be the investee company, which is the owner of the Indian brand and which manufactures in India, in terms of value, at least 70% of its products in house, and sources, at most 30% from Indian manufacturers. 2.0 In order to provide clarity to the extant policy, guidelines for foreign direct investment on e-commerce sector have been formulated and are enumerated below: 2.1 Definitions: i) E-commerce- E-commerce means buying and selling of goods and services including digital pr .....

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Guidelines for Foreign Direct Investment (FDI) on E-commerce - FEMA

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..... port services to sellers in respect of warehousing, logistics, order fulfillment, call centre, payment collection and other services. iv) E-commerce entity providing a marketplace will not exercise ownership over the inventory i.e. goods purported to be sold. Such an ownership over the inventory will render the business into inventory based model. v) An e-commerce entity will not permit more than 25% of the sales affected through its marketplace from one vendor or their group companies. vi) In marketplace model goods/services made available for sale electronically on website should clearly provide name, address and other contact details of the seller. Post sales, delivery of goods to the customers and customer satisfaction will be responsib .....

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Guidelines for Foreign Direct Investment (FDI) on E-commerce - FEMA

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