Topic
inventory-based
E-Commerce & Marketplaces Government Notifies Operational Framework for Inventory-Based Cross-Border E-Commerce Exports
The Directorate General of Foreign Trade (DGFT) has notified operational procedures for inventory-based cross-border e-commerce exports with immediate effect. The framework covers exporter-of-record registration, inventory management, seller visibility, reverse logistics, compliance certification and dispute resolution, following the government's move to allow foreign-invested e-commerce firms to keep export-only inventory.
E-Commerce & Marketplaces Govt Operationalises Inventory-Based Cross-Border E-Commerce Export Framework for Indian Manufacturers and MSMEs
The Indian government has operationalised the Inventory-based Cross-Border E-Commerce Export Framework under the Foreign Trade Policy 2023, according to News on AIR. The framework provides a policy architecture for inventory-based exports of goods made in India, ensures timely payments to sellers, and is expected to boost participation of manufacturers and MSMEs in global e-commerce supply chains.