E-commerce businesses structuring in India is the latest buzz in India. This is because the Indian Parliament has allowed foreign direct investment (FDI) in multi-brand retail and e-commerce is going to be benefited from the same.
As per the legal research report published by Perry4Law, India’s exclusive techno legal ICT and e-commerce law firm of India, there are many e-commerce rules and regulations that must be complied with by e-commerce stakeholders of India.
E-commerce entrepreneurs and owners in India must understand that legal issues of e-commerce in India are different for different categories of e-commerce. For instance, electronic trading of medical drugs in India requires more stringent e-commerce and legal compliances as compared to other e-commerce activities. Digital communication channels for drugs and healthcare products in India are scrutinised more aggressively than other e-commerce activities. In fact, regulatory and legislative measures to check online pharmacies trading in banned drugs in India are already in pipeline.
See E-Commerce Laws And Regulations In India for more.