{"id":22735,"date":"2021-07-20T16:41:40","date_gmt":"2021-07-20T11:11:40","guid":{"rendered":"https:\/\/plyinsight.com\/?p=22735"},"modified":"2021-07-20T16:41:40","modified_gmt":"2021-07-20T11:11:40","slug":"stiff-compliance-flash-sale-ban-in-draft-norms-for-e-com-firms","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/stiff-compliance-flash-sale-ban-in-draft-norms-for-e-com-firms\/","title":{"rendered":"Stiff compliance, flash sale ban in draft norms for e-com firms"},"content":{"rendered":"

The centre is planning fresh guidelines for e-commerce companies, including appointment of a chief compliance officer, giving preference to the sale of locally produced goods, mandatory registration of e-tailers with Department for promotion of Industry and Internet Trade (DPIIT), in an attempt to tighten the regulatory regime and make these companies more accountable.<\/strong><\/span><\/p>\n

The proposed rules have been released at a time when DPIIT is also trying to roll out a comprehensive e-commerce policy aimed at addressing the regulatory challenges sector. A senior government official told that the e-commerce policy will be implemented by making changes in the Foreign Direct Investment rules, consumer protections rules as well as Information Technology Act.<\/p>\n

The guidelines also state that e-tailers will now have to send a notification and suggest \u201calternatives\u201d before products are purchased by consumers to give a fair opportunity to goods manufactured in India. They will not only have to rank goods, but also have to come up with a framework such that the ranking does not discriminate against domestic goods and sellers.<\/span><\/strong><\/p>\n

Similar to the newly notified Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, under the IT Act, the Consumer Protection Rules are proposing a grievance officer, a chief compliance officer and a 24\u00d77 nodal officer to be appointed by e-commerce firms. Compliance of these requirements has already caused a storm between the government and social media firms operating in the country.<\/p>\n

\u201cBy requiring e-commerce entities to register with the DPIIT and appoint a chief compliance officer, nodal officer and grievance officer who are citizens of (and resident in) India, the proposed rules seek to hold e-commerce entities in the country accountable. At first glance, it will be interesting to see how practically these changes are implemented,\u201d<\/p>\n

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The centre is planning fresh guidelines for e-commerce companies, including appointment of a chief compliance officer, giving preference to the sale of locally produced goods, mandatory registration of e-tailers with Department for promotion of Industry and Internet Trade (DPIIT), in an attempt to tighten the regulatory regime and make these companies more accountable. The proposed […]<\/p>","protected":false},"author":1,"featured_media":22741,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1319],"tags":[],"class_list":["post-22735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-july-news-2021"],"yoast_head":"\nStiff compliance, flash sale ban in draft norms for e-com firms - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/stiff-compliance-flash-sale-ban-in-draft-norms-for-e-com-firms\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stiff compliance, flash sale ban in draft norms for e-com firms - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"The centre is planning fresh guidelines for e-commerce companies, including appointment of a chief compliance officer, giving preference to the sale of locally produced goods, mandatory registration of e-tailers with Department for promotion of Industry and Internet Trade (DPIIT), in an attempt to tighten the regulatory regime and make these companies more accountable. 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