Many entrepreneurs are jumping upon e-commerce wagon band in India without realising that e-commerce also requires legal compliances. For them mere opening of a website is enough to start e-commerce business in India.These entrepreneurs cannot be blamed as cyber law awareness in India is missing. E-commerce laws in India are still evolving and e-commerce stakeholders in India are not aware of cyber law due diligence in India.
However, ignorance of law is no excuse. This is more so when the cyber due diligence for Indian companies is now well established. For instance, cyber due diligence for foreign websites in India, cyber due diligence for press and media in India, cyber due diligence for PayPal and online payment transferor in India, etc have already been discussed.
Thus, if you are planning to open an e-commerce business in India, legal formalities required for starting e-commerce business in India must be well understood. Similarly, legal requirements to start an e-commerce website In India must also be well understood.
In short, legal requirements of undertaking e-commerce in India must be duly complied with in order to get maximum benefits out of e-commerce business in India.
