E-commerce Firms Will Be Told to Check Counterfeiting
NEW DELHI: The activities of selling counterfeit products on e-commerce platforms are posing a real threat to the country’s economy. Expressing concern over sale of fake products on the e-commerce platform, the Central Board of Excise and Customs on Friday said it is considering putting in place a voluntary code of practice for e-retailers to curb illicit trade.
Najib Shah, chairman, CBEC said, “New challenges are emerging for customs. E-commerce is one such major area of vulnerability. E-commerce in India provides an unparalleled platform for sellers of both genuine and counterfeit products. So, we are looking at possibility of introducing voluntary code of practice for e-retailers.”
Related Posts
Security forces foil attempt to smuggle contraband cigarettes worth RM1.04mil
TAWAU: The Armed Forces Joint Task Force 2 (ATB 2) foiled an attempt to smuggle...
China Breaks Counterfeit Goods Ring Worth 100 Million Yuan.
Chinese police have arrested 32 members of a group they said made and sold up to...
Md. Comptroller’s Office targets cigarette smugglers
The I-95 corridor used to be known for drug running up and down the East Coast...
Tom Steyer’s $2 Cigarette Tax Will Make California Smuggling Capital
With liberal billionaire Tom Steyer’s “Save Lives Coalition” gathering more than...