Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 11 DECEMBER 2015

India Relaxes Its E-Commerce Restrictions For Single Brand Retailers

Fieldfisher
Fieldfisher
Contributor
Fieldfisher

Fieldfisher

Fieldfisher is a European law firm with market-leading practices in many of the world’s most...

View firm profile
Explore more from Fieldfisher

On 24 November 2015, the Indian Ministry of Commerce and Industry issued Press Note No 12 (2015) in relation to its foreign direct investment (FDI) policy...

IndiaGovernment, Public Sector
Lisa Sen
Lisa Sen
David Bond
David Bond

On 24 November 2015, the Indian Ministry of Commerce and Industry issued Press Note No 12 (2015) in relation to its foreign direct investment (FDI) policy, announcing that a single brand retail trading entity operating through brick and mortar stores, would now be permitted to undertake retail trading through  e-commerce. Further, the Government clarified that a wholesale Cash & Carry trader may now also undertake single brand retail trading provided (a) it maintains separate books of accounts for the two arms of the business and has them audited by statutory auditors and (b) each arm of the business complies with the conditions attached to the FDI policy relating to wholesale Cash & Carry businesses and for retail businesses.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

Punjab And Haryana High Court Strikes Down JAO - FAO Retrospective Amendment As Unconstitutional

The Hon’ble Punjab and Haryana High Court (HC) in Jyoti Sareen vs. UOI & Others (CWP No. 15791-2024 (O&M)) (Order) held the retrospective amendments carried out vide the Finance Act, 2026, with respect to the powers of the Jurisdictional Assessing Officer (JAO) to issue a reopening notice under section 148 (Reopening Notice) of the Income-tax Act, 1961 (IT Act), as unconstitutional, being violative of the ‘doctrine of separation of powers’ and thus violative of Article 14 of the Constitution of India.
IndiaGovernment, Public Sector
Khaitan & Co.
Khaitan & Co.
Article

Acquisition By An FOCC Of An Indian Company: Pricing Conditions For Resident And Non-resident Shareholders

A FOCC refers to an Indian entity that has received foreign investment and is ultimately owned or controlled by persons resident outside India. Although incorporated in India under the Companies Act, such entities are treated differently from domestically owned and controlled Indian companies for the purposes of foreign investment regulation and downstream investment structuring. Consequently, an FOCC, despite being an Indian incorporated entity, is subject to regulatory conditions applicable to foreign investment while undertaking investments into other Indian entities.
IndiaGovernment, Public Sector
LegaLogic
LegaLogic