SME retailers want liberal policy for e-commerce

Recently the SMEs of the country, selling products on various eCommerce portals have urged to the Government of India to form a liberal policy for online retailing segment.
SMEs

Recently the small and medium sized retailers (SMEs) of the country selling products on various eCommerce portals have urged to the Government of India to form a liberal policy for online retailing segment and also want them to treat their virtual shops as technology platforms.
In a letter to Commerce and Industry Minister, Nirmala Sitharaman, industry body Ecommerce Coalition has said, "The creation of any definition of Ecommerce should take into consideration that this is a technology platform, which acts as a bridge between sellers and their consumers. The platform does not conduct trading itself."
Sharing the details of submission, Aamir Jariwala, eCommerce Coalition Secretary, said, “Ecommerce has the potential to power our economy through growth of enterprise, infrastructure and employment. It must be helped, enabled and liberalised to achieve its potential.”
The issue raised emphasised on additional tax being levied on eCommerce deliveries in few states and the coalition plead for a quick implementation of GST across the country.
"In the interim before the formal implementation of GST, request for the government to issue a notification for status quo that reduces the harassment faced by ecommerce players on VAT and other taxes," the letter said.
The coalition recommended government to allow India ecommerce firms to access foreign capital.
"The ecommerce sector in its entirety should be allowed to access foreign capital. We also humbly request that prior to making any changes in the current guidelines for Ecommerce, all stakeholders should be taken into consideration," the coalition said.
It added that e-commerce sector is already restricted with business-to-consumer ecommerce still out of bounds for foreign capital and the government should review the possibility of liberalising the industry.

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