Indian Economy - Current Affairs Questions and Answers for Q. 20913
Q. DGFT has defined which form of commerce?- Published on 13 Apr 16
d. Both b and c
e. All the above
Commerce Ministry Today announced that online transactions of goods adhering to e-commerce norms will get duty benefits under MEIS or Merchandise Exports from India Scheme. For MEIS, e-commerce has been defined as the buying and selling of goods and services (including digital goods) over electronic or digital network.
- Under MEIS, government provides duty benefits at 2,3 and 5 percent depending upon products and country