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
AFDAC’s new anti-counterfeiting strategies
The menace of counterfeit and substandard drugs, is no doubt one that has been on...
Researchers expect cigarette smuggling to triple if Kansas raises tobacco tax
Kansas lawmakers are debating whether to raise state taxes on cigarettes to help...
Be Wary of Fake Food Online
The online grocery channel is expected to grow 15 to 18 percent over the next...
CCB sleuthsraidstockists of fake HP products
Bogged down by frequent draining out of your laptop battery? Troubled by frequent...