Subject: Introduction of definition of e - commerce, in Foreign Trade Policy (2015-2020).

In exercise of powers conferred by Section 5 of FT (D&R) Act 1992, read with paragraph 1.02 of the Foreign Trade Policy. 2015-2020. as amended from time to time, the Central Government hereby introduces the definition of e - commerce in Chapter 9 of the Foreign Trade Policy (2015-2020) as under:

9.17A: "e - commerce means buying and selling of goods and services, including digital products, conducted over digital and electronic network. For the purposes of Merchandise Exports from India Scheme (MEIS) e - commerce 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 e - commerce 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."

2. Effect of this Notification: Definition of e - commerce for the purpose of MEIS under FTP, 2015-2020 is introduced in Chapter 9 of the Foreign Trade Policy (2015-2020)

(Anup Wadhawa)

Director General of Foreign Trade

E - mail:dgft[at]nic[dot]in

[Issued from F. No. No. 01/93/180/16/AM-16/PC-2 (B)]