E-commerce exports likely to get boost with easier documentation, simplified customs processes: FISME
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/05/6ff897720116fee6dc7b85875efce2c8.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Industry body the Federation of Indian Micro and Small & Medium Enterprises (FISME) in its latest report has said that the country's exports through e-commerce medium would get boost with steps such as increasing awareness, easier documentation, simplified customs processes and standard operating practice for product returns.
The report further listed other measures which would help the sector include lowering charges for Export Data Processing and Monitoring System (EDPMS); easier reconciliation of remittances for export receipts from abroad through a reassessment of the current 25 per cent variation between exports and payments; and raising the 9-month limit on receiving payments for exports for e-commerce.
According to the report, over 90 per cent of e-commerce exporters in India are MSMEs (most of them micro and small enterprises) and, therefore, a strategy for e-commerce exports must focus on MSMEs spread across the nation to sell their products to global markets. The report further suggested a tripartite awareness raising campaign involving industry and SME associations such as FISME, government and platform owners to facilitate information on end-to-end e-commerce export process.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c5541407585e9dfdc52f905c92d59e61.jpg)
Monthly Debt Market Update, September 2023: CareEdge Ratings
![Quote on RBI decision to discontinue the incremental cash reserve ratio (CRR) By Dr. Manoranjan Sharma, Infomerics Ratings](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/3fb5395769079c26d9056714d034c581.jpg)
![Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: Ajay Chaudhary](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/07e25a74a16d5c092d179215565d0295.jpg)
![3 Centres of Excellence set up by TIDCO finding good traction: Tamil Nadu Minister](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/e6ff15c8d3a72074f69cb881ab6584e7.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/2b917ad4de74543feac4e9ee674a5589.jpg)
Double-digit growth for FY22 uncertain, overall impact of 2nd wave may not be large: CEA
![Quote on Union Budget announcement anticipated in July 2024 by Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance](https://portfolio.investmentguruindia.com/uploads/news/Tarun Chugh, MD & CEO, Bajaj Allianz Life.jpg)
![Mr. Shachindra Nath, Founder, Vice Chairman & Managing Director of UGRO Capital Ltd. joins the Board of FIDC](https://portfolio.investmentguruindia.com/uploads/news/Shachindra Nath Ugro Capitall.jpg)
![India requires growth at this juncture even with economic tradeoffs: Krishnamurthy Subramanian](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/03/79c999363d7cf8246914ebb4edf8db74.jpg)