Annual deadline for ecommerce's FDI compliance check: September 30 - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Annual deadline for ecommerce's FDI compliance check: September 30

As of now, the government reviews compliance on the basis of internal reports of ecommerce companies. Ecommerce FDI comes under the ambit of Section 15 of the FEMA. FDI-funded marketplaces are only allowed to lend their platforms to third-party sellers and such entities are barred from holding any stock or selling own goods directly to customers.

from Industry-Economic Times
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