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Export Business And E-Commerce

Exporting through Global e-Commerce

Export business concepts and marketing fundamentals have been transformed many times in the past. Addressing targeted markets and reaching out to customers worldwide has been attempted using the numerous mediums available over the time. “E–Commerce”. Today there is hardly anyone, who does know about this terminology. In-fact E-commerce is fast gaining prominence in the marketing strategy of all companies. Especially export business has lately started realizing the punch this medium packs. Export Benefits MEIS – Merchandise Exports from India Scheme available on E-Commerce under FTP 2015-20.

See Ref. : Notification No. 02/2015-20, New Delhi, Dated the 11th April, 2016

Export Of Goods Through Courier Or Foreign Post Offices Using E-Commerce

(i) Exports of goods through courier or foreign post office using e-commerce, as notified in Appendix 3C, of FOB value up to Rs. 25000 per consignment shall be entitled for rewards under MEIS.

(ii) If the value of exports using e-commerce platform is more than Rs 25000 per consignment then MEIS reward would be limited to FOB value of Rs.25000 only.

(iii) Such goods can be exported in manual mode through Foreign Post Offices at New Delhi, Mumbai and Chennai.

(iv) Export of such goods under Courier Regulations shall be allowed manually on pilot basis through Airports at Delhi, Mumbai and Chennai as per appropriate amendments in regulations to be made by Department of Revenue. Department of Revenue shall fast track the implementation of EDI mode at courier terminals.


e-Commerce Exports Relevant News :

 


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