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Govt mandates exporter registration for FDI-backed ecommerce inventory exports - The Economic Times
Foreign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods against confirmed export orders. Speculative stockpiling for future outbound shipping will not be allowed by the government. Indian sellers can access overseas markets by delegating export tasks to the exporter-on-record. This framework aims to boost India's export capabilities and ensure timely payments.
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