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New Delhi, Jan 28: The Indian government in the Union Budget next week is expected to announce measures such as extending the facility of bulk clearance for ecommerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said.
They said as there is a multi-fold increase in the ecommerce sector in the country, a significant volume of products is imported into and exported out of India through this platform, and there is a need to find a balance between control and facilitation for the sector.
Presently, importers and exporters are required to submit individual/separate clearance documents for each package with the…