https://www.taxtmi.com/notifications?id=119996 The amendment defines e-commerce entities and distinguishes inventory based and marketplace models for FDI purposes, permitting full FDI under the automatic route for B2B and marketplace models while prohibiting FDI in inventory based e-commerce. Marketplace platforms must not own inventory, may transact with registered sellers on a B2B basis, provide support services, disclose seller details, avoid influencing prices, and limit annual sales from a single vendor to twenty-five percent; sale of services online is automatic subject to sectoral conditions and applicable laws. en-us Thu, 09 Mar 2017 00:00:00 +0530 Sat, 11 Mar 2017 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119996 The amendment defines e-commerce entities and distinguishes inventory based and marketplace models for FDI purposes, permitting full FDI under the automatic route for B2B and marketplace models while prohibiting FDI in inventory based e-commerce. Marketplace platforms must not own inventory, may transact with registered sellers on a B2B basis, provide support services, disclose seller details, avoid influencing prices, and limit annual sales from a single vendor to twenty-five percent; sale of services online is automatic subject to sectoral conditions and applicable laws. Notifications FEMA Thu, 09 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119996