https://www.taxtmi.com/news?id=20887 The policy distinguishes the marketplace and inventory models for e commerce: foreign investment is permitted under the automatic route in the marketplace model and prohibited in the inventory based model. Marketplace platforms must act as B2B facilitators, may provide support services, must not own or control vendor inventory (control thresholds convert the model to inventory based), must not influence sale prices, must ensure fair non discriminatory service provision, and must furnish an annual auditor's certificate of compliance. en-us Wed, 26 Dec 2018 18:05:35 +0530 Wed, 26 Dec 2018 18:05:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20887 The policy distinguishes the marketplace and inventory models for e commerce: foreign investment is permitted under the automatic route in the marketplace model and prohibited in the inventory based model. Marketplace platforms must act as B2B facilitators, may provide support services, must not own or control vendor inventory (control thresholds convert the model to inventory based), must not influence sale prices, must ensure fair non discriminatory service provision, and must furnish an annual auditor's certificate of compliance. News - Wed, 26 Dec 2018 18:05:35 +0530 https://www.taxtmi.com/news?id=20887