Inventory-Based Cross-border E-Commerce Export Framework Operationalised
Centre operationalised the E-commerce Export Framework under FTP 2023, allowing inventory in India only for confirmed overseas orders, banning speculative build-up. Exports run via an Exporter-on-Record procuring from Sellers-on-Record and exporting in its name. It mandates seller payments within timelines, visibility of sale/tracking, proportional rebates/refunds, digital traceability preventing domestic diversion, bank compliance certification, and re-export/return/disposal of rejected consignments for manufacturers, traders, MSMEs and artisans.
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