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Sarangi mentioned that the e-commerce stakeholders have requested the division for the promotion of business and inner commerce (DPIIT) to relook the FDI coverage on this difficulty.
“For export functions, if these (guidelines) may very well be revisited, is one thing that we’re requesting the DPIIT to look at and discover… and this may very well be one step ahead for creating the e-commerce export zones that DGFT and its group has been engaged on,” Sarangi mentioned at a convention organised by FICCI. He additionally mentioned the directorate is working with the Division of Income to see if there may very well be a scheme like ‘composition levy scheme’ for smaller gamers in order that this obligatory GST may very well be waived until they attain a sure threshold of export worth.
