The Directorate General ofForeign Trade (DGFT) vide its notification No.02/2015-2020 dated 11.04.2016provided the definition of E-Commerce Platform in respect to facilitate theMerchandise Export from India Scheme (MEIS) benefits under Foreign Trade Policy2015-20.

Nowand hereafter till further notification “e-commerce means buying and selling ofgoods and services, including digital products, conducted over digital andelectronic network.”

“Forthe purposes of Merchandise Exports from India Scheme (MEIS) e-commerce shallmean the export of goods hosted on a website accessible through the internet toa purchaser.”

“Whilethe dispatch of goods shall be made through courier or postal mode, asspecified under the MEIS, the payment for goods purchased on e-commerceplatform shall be done through international credit/debit cards and as per theReserve Bank of India Circular (RBI/2015-16/185) [A.P. (DIR Series) CircularNo.16 dated September 24, 2015] as amended from time to time.”

This will benefit the e-commerce platform to the extent of duty incentives at 2%, 3% & 5% depending upon the products and their exporting country.