Comprehensive Legal, GST, & Compliance Checklist for Indian E-Commerce
Frequently Asked Questions
What licenses are needed for an eCommerce business in India?
eCommerce businesses in India need business licenses like company registration with the Ministry of Corporate Affairs and possibly sector-specific licenses such as FSSAI.
How does intellectual property affect eCommerce in India?
Protecting intellectual property in eCommerce involves registering trademarks to shield against infringement and build brand credibility.
What data protection laws apply to Indian eCommerce?
Indian eCommerce businesses must comply with data protection laws to safeguard customer information and ensure privacy.
Is GST registration mandatory for all eCommerce businesses in India?
Yes, GST registration is mandatory for all eCommerce businesses in India to enable input tax credit and comply with taxation laws.
How often should eCommerce businesses file GST returns?
E-commerce businesses generally need to file GST returns monthly, with specifics varying based on turnover and tax collection at source requirements.
What is TCS in Indian eCommerce taxation?
TCS, or Tax Collection at Source, is a tax collected by e-commerce operators on total sales value, which must be reported in the GSTR-8 form.
What consumer protection laws affect eCommerce?
The Consumer Protection (E-Commerce) Rules, 2020 impacts e-commerce, demanding transparency in seller operations and customer dealings.
How should eCommerce businesses handle customer grievances?
E-commerce businesses should have efficient grievance redressal mechanisms, with visible customer service contact points and clear terms.
Why are product descriptions important in eCommerce?
Accurate product descriptions in eCommerce ensure consumer trust, reduce disputes, and comply with legal transparency requirements.
What payment regulations must eCommerce businesses follow?
E-commerce businesses in India must comply with RBI regulations, ensuring secure payment gateways and encrypted transaction processes.
How can eCommerce businesses ensure logistics compliance?
Ensuring logistics compliance involves understanding transport laws, customs requirements for cross-border shipments, and proper contract documentation.
Why is KYC important in eCommerce transactions?
KYC is crucial in eCommerce to verify customer identity, prevent fraud, and comply with anti-money laundering regulations.