Electronic trading or online
shopping of commodities is a fast, efficacious and cost
effective method of business and commerce. However, e-trading is not
a free ride but is subject to well defined rules
and regulations world wide. This is more so regarding
pharmaceutical products that require an additional precaution while
dealing in an online environment.
We have no dedicated e-commerce laws and regulations in India. However, the basic outline of the same has been laid down in the information technology act 2000 (IT Act 2000). The IT Act 2000 is also the sole cyber law of India that primarily deals with contraventions and offences pertaining to e-commerce and e-trading in India.
We have no dedicated e-commerce laws and regulations in India. However, the basic outline of the same has been laid down in the information technology act 2000 (IT Act 2000). The IT Act 2000 is also the sole cyber law of India that primarily deals with contraventions and offences pertaining to e-commerce and e-trading in India.
See E-Commerce Laws And Regulations In India for more.
