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DRAFT E-COMMERCE POLICY (Strategy proposed in the draft policy (Taxation…
DRAFT E-COMMERCE POLICY
Need for an E-Commerce policy
Data Ownership
In the age of e-Commerce, companies control large amounts of customer data
Rapid growth of e commerce
Presence of multiple regulators
The specific issues in e-Commerce are the subject matter of different statutes - Information Technology Act 2000, Competition Act 2002, Consumer Protection Act 1986 etc. and involves multiple government departments. a national e-commerce policy would consolidate the various norms and regulations to cover all stakeholders
Digital Infrastructure
Consumer Protection
Inequality in opportunity among businesses
Enterprises with deep pockets indulge in large scale capital dumping to finance sustained selling at losses, which has threatened existence of small businesses
International Trade Outlook
Strategy proposed in the draft policy
Infrastructure Development
E-Commerce Marketplaces
Regulatory Issues
Inter-disciplinary nature of e-commerce
Controlling data flow & network
To seek better accountability in situations of AI-driven decision making, the government must reserve its right to seek disclosure of source code & algorithms
Law & Order
Access to data for maintenance of law & order must be allowed
Small enterprises and startups
Small firms and start-ups attempting to enter the digital sector can be given ‘infant industry status
Taxation Issues
The concept of ‘significant economic presence’ should be adopted as the basis for determining ‘permanent establishment’ for the purpose of taxation
Additionally, the current practice of not imposing custom duties on electronic transmissions must be reviewed
Content Liability
Stimulating the Domestic Digital Economy
Export Promotion Through E-Commerce