Trade 22-07-2021 Hits: 1958

Industry Associationss Seek Thoughtful Revision in Draft E-Commerce Rules

Trade 22-07-2021 Hits: 1958

21st July 2021,Mumbai:

Industry Groupings 'USISPF, IAMAI AND INDIATECH' INCLUDING PEERS COUNTING E-COM BIGGIES SUBMIT FEEDBACK TO GOVT

WHAT Industry Groupings Seek:

Meaningful tenable changes in e-commerce rules

Seeking to defining related parties clauses removed on service providers as ecomm entities restricting/ banning flash sales, assert Industry associations

Urges to have the amenable re- vision of a host of contentious clauses once in for all in India's draft e-commerce rules

Asserting to a Re-look Industry, states and field formations have flagged many issues/ concerns regard to current GST regime

Do away with clause on need to offer local alternatives while selling Imported goods or services

Explicitly explain the confusion around 'price manipulation clearly'

Antitrust & importantly data related issues should be well-left to concerned departments, ministries & authorities.

Broad changes to cause

A perpetual ask to simplify the law and reduce disputes

Watch: https://www.youtube.com/watch?v=2UcHvEd2mpo

Argument on this side of table,"Unequivocally re-assert prevailing unpredictability in an industry that's still growing & evolving, light-handed regulation to support sector; As recent Proposals may end up hurting consumers, stall sector growth"

Government planning tighter FDI rules for ecommerce sector - The Economic Times

Win-Win rules for all the stakeholders

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In a submission to the 'Department of Consumer Affairs (DCA)' on Wednesday, USISPF (US-India Strategic Partnership Forum) appealed that the draft proposals as things stand today "problematic/ complex and are oblivious to take into cognisance by not recognising that all marketplaces are akin, and as things stand today perhaps are not symmetric to relationships with buyers and sellers, refusing to appreciate need for or effectiveness of prescriptive laid down guidelines".

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