9.17A
- Document type
- Policy
- Dated
DEFINITIONS
9.17A
“e – commerce” for the purpose of Merchandise Exports from India Scheme (MEIS) under Foreign Trade Policy (2015-20) (FTP) shall mean the export of goods hosted on a website accessible through the internet to a purchaser. While the dispatch of goods shall be made through courier or postal mode, as specified under the MEIS, the payment for goods purchased on ecommerce platform shall be done through international credit /debit cards and as per the Reserve Bank of India Circular (RBI/2015-16/185) [A.P.( DIR Series) Circular No. 16 dated September 24, 2015.] as amended from time to time.