No more offer sell on Flipkart-Amazon | government changed rules -From next year, a cell that runs on e-commerce such as Amazon, Flipkart, Paytm may break. In fact, the Central Government has taken strict action against these e-commerce companies and has ordered that online companies cannot sell such products which they themselves make. That means they can only sell the product if they make, they will not be able to sell on their platform.
According to the Commerce and Industry Ministry statement, if the e-commerce company or its group company or anybody makes any goods, then they will not be able to sell it on their platform. Apart from this, he will not be able to sell the product of any company in which he will have any kind of stake.
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This instruction means that e-commerce companies will no longer be able to sell any company's products exclusively. In such a way, Amazon and Flipkart sell the smartphones exclusively of companies such as OnePlus, Xiaomi, Realme, Vivo, Oppo, Honor, Huawei, they can not sell anymore.
Also Read:: How to Make Backup in your Android smartphone | To avoid data loss
The government has completely changed the rules of online retail. In the online retail firm, FDI has changed the rules of foreign direct investment. From now on, the government will see if there is any kind of business relationship with the company that has invested before the company's approval.
According to the commerce ministry, the purchase of e-commerce companies should offer cashback to the buyer in order to be transparent and free of discrimination. The Ministry has directed all online retail companies to submit the certificates of the auditor to the Reserve Bank by September 30 that the company has complied with all the rules.
Sell may be the last sale of January 26
The sale of e-commerce companies like Amazon and Flipkart can be the last exclusive cell of January 26. In fact, the government had many complaints of domestic traders that they have to suffer due to the huge discounts of e-commerce companies. This rule of e-commerce will be applicable from 1 st February 2019 next year. FDI in 100% of the existing policy of e-commerce means that foreign direct investment is allowed.
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Also Read:: How to change the boarding station on IRCTC website?
This instruction means that e-commerce companies will no longer be able to sell any company's products exclusively. In such a way, Amazon and Flipkart sell the smartphones exclusively of companies such as OnePlus, Xiaomi, Realme, Vivo, Oppo, Honor, Huawei, they can not sell anymore.
Also Read:: How to Make Backup in your Android smartphone | To avoid data loss
The government has completely changed the rules of online retail. In the online retail firm, FDI has changed the rules of foreign direct investment. From now on, the government will see if there is any kind of business relationship with the company that has invested before the company's approval.
According to the commerce ministry, the purchase of e-commerce companies should offer cashback to the buyer in order to be transparent and free of discrimination. The Ministry has directed all online retail companies to submit the certificates of the auditor to the Reserve Bank by September 30 that the company has complied with all the rules.
Sell may be the last sale of January 26
The sale of e-commerce companies like Amazon and Flipkart can be the last exclusive cell of January 26. In fact, the government had many complaints of domestic traders that they have to suffer due to the huge discounts of e-commerce companies. This rule of e-commerce will be applicable from 1 st February 2019 next year. FDI in 100% of the existing policy of e-commerce means that foreign direct investment is allowed.
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