TaxTMI 
TaxTMI 
Promoting Cross Border Trade in Digital Economy
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....cified by the RBI from time to time. 9.02 E-Commerce Exports of Services Exports of services where selling is through the internet on an e-Commerce platform, the payment for which shall be done through international credit or debit cards, or other authorised electronic payment channels and as specified by the RBI from time to time. 9.03 E-Commerce Platform E-Commerce platform is an electronic platform, including a web-portal, that enables the commercial process of buying and selling through the internet. 9.04 E-Commerce Export Logistics Provider Any service provider who provides logistics services towards exports of goods or services for e-Commerce Exports. 9.05 Export through Courier Service/Post ^1[Exports through ....
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....creasing awareness on e-Commerce related rules and processes, actions may be undertaken under the said NBS component for capacity building and skill development for promotion of e-Commerce exports, in partnership with Customs Authorities, Department of Post, 'Industry Partners' or the 'Knowledge Partners'. B. E-COMMERCE EXPORT HUBS (ECEHs) 9.08 Objective of E-Commerce Export Hubs The objective is to establish designated areas as E-Commerce Export Hubs (hereafter called "ECEH"), which would act as a centre for favourable business infrastructure and facilities for Cross Border E-Commerce activities. 9.09 Creation of ECEH i. The ECEH shall ordinarily be setup through private initiative. It may also be setup in Public-Private Par....
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....ryat Kendras shall be operationalised throughout the country to work in a hub-and-spoke model with Foreign Post Offices (FPOs) to facilitate cross-border e-Commerce and to enable artisans, weavers, craftsmen, MSMEs in the hinterland and land-locked regions to reach international markets. ^2[D. Inventory-based Cross-border E-Commerce Facilitation Framework 9.13 Definitions For the purposes of the Inventory-based Cross-border E-Commerce Facilitation Framework, unless the context otherwise requires, the following expressions shall have the meanings assigned to them: i. 'Exporter-on-Record (EOR)' means an entity holding a valid IEC and GSTIN, registered with DGFT under the Inventory-based Cross-border E-Commerce ....
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....he Exporter-on-Record upon export of goods, including Duty Drawback, RoDTEP, RoSCTL or any other notified scheme involving direct monetary or transferable financial benefit. Export Rebates and Refunds shall not include non-transferrable duty remission instruments such as Advance Authorisation or EPCG Authorisation. Refund of taxes to Exporter-on-Record under the Central Goods and Services Tax Act, shall be an Exporter-on-Record entitlement and is not part of Seller-attributable Export Rebates and Refunds. 9.14 Objective of the Framework The objective of this Framework is to enable e-commerce exports through an inventory model under which the Exporter-on-Record holds inventory for export, undertakes export-related processes, exports go....
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....acking and traceability of all Export Inventory, including records relating to procurement from Seller-on-Record, inventory status, and linkage with export documentation. The manner, form and standards for identification, segregation and maintenance of Export Inventory, and for the digital repository referred to above, shall be as prescribed under the Handbook of Procedures. 9.17 Payment to the Seller-on-Record and Export Rebates and Refunds (ERR) i. The Exporter-on-Record shall make payment to the Seller-on-Record promptly upon acceptance or deemed acceptance of the goods, and in any event no later than 7 days from the date of acceptance or deemed acceptance of the goods by the Exporter-on- Record. Payment to the Seller-on-Reco....