New Delhi, March 31 (IANS) The Central Board of Indirect Taxes and Customs has operationalised comprehensive reforms to streamline e‑commerce exports and courier-based trade, including the removal of the Rs 10 lakh value cap per courier consignment, the government said on Tuesday.The reforms, effective April 1, are expected to significantly boost exports, especially for e-commerce exporters, by allowing greater flexibility in shipment value and enabling seamless exports through the courier mod…
Latest E-commerce Market News & Updates
Mumbai, Feb 24 (IANS) India’s e‑commerce market, currently at $120–140 billion, is projected to reach $280–300 billion by 2030, even as it remains 7–8 per cent of total consumer spending, a report said on Tuesday.The report from Boston Consulting Group said that even amidst rapid growth of e-commerce offline retail remains resilient, having grown at an annual rate of 13-14 per cent over the past four years.Market is entering a phase of coexistence between online and offline retail, wit…