Ultimate Guide: Legal Compliance for E-commerce in India [2024]
To start and run an e-commerce store in India, you need to comply with various rules, laws, and regulations. Here's a categorized overview of the major ones:
- Business Registration and Licensing:
- Obtain a valid business registration (e.g., Sole Proprietorship, Partnership, Private Limited Company, or One-Person Company)
- Apply for relevant trade licenses from the concerned state/local authorities
- Register for Goods and Services Tax (GST) if your annual turnover exceeds the prescribed threshold
- Taxation and Compliance:
- Goods and Services Tax (GST) compliance (e.g., filing GST returns, maintaining records)
- Income Tax compliance (e.g., filing IT returns, TDS deductions)
- Compliance with other applicable taxes (e.g., Professional Tax, Equalization Levy)
- E-commerce Regulations:
- Comply with the Consumer Protection (E-Commerce) Rules, 2020, which cover aspects like disclosure requirements, grievance redressal mechanisms, and more
- Adhere to the Information Technology Act, 2000, and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011, for data privacy and security
- Product and Sector-Specific Regulations:
- Comply with sector-specific regulations if selling regulated products (e.g., food, drugs, cosmetics, electronics)
- Obtain necessary licenses or registrations for regulated products
- Intellectual Property Rights:
- Ensure that you have the necessary rights to use trademarks, copyrights, and other intellectual property associated with the products or services you sell
- Labor Laws and Employment Regulations:
- Comply with labor laws (e.g., Minimum Wages Act, Employees' Provident Funds and Miscellaneous Provisions Act) if you have employees
- Follow regulations related to hiring, termination, and employee benefits
- Payment Gateway and Online Transactions:
- Comply with Reserve Bank of India (RBI) guidelines for online transactions and payment gateways
- Adhere to Know Your Customer (KYC) norms and Anti-Money Laundering (AML) regulations
- Data Protection and Privacy:
- Ensure compliance with the Information Technology Act, 2000, and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011, for data privacy and security
- Follow best practices for data protection and customer privacy