Overview
The Ministry of Commerce & Industry has issued Notification No. 27/2026‑27 and Public Notice No. 25/2026‑27 on 5 August 2026 to operationalise the Foreign Trade Policy (FTP) 2023‑based Inventory‑based Cross‑border E‑Commerce Export Framework. The scheme aims to tap the rapid growth of global e‑commerce while protecting Indian manufacturers, artisans and MSMEs.
Key Developments
- Only export‑only inventory operations are permitted; domestic sales of such inventory are prohibited.
- Eligible e‑commerce platforms must work through a registered Exporter‑on‑Record (EOR).
- The EOR procures goods from Indian Seller‑on‑Record (SOR) against confirmed foreign orders.
- All export inventory must be digitally recorded, distinctly identified and segregated to ensure traceability.
- Timely payment to SORs is mandatory, even if overseas buyers delay payment.
- Export rebates and refunds are passed through to SORs in proportion to the FOB value of their goods.
- Returned or rejected consignments must be re‑exported, returned to the seller, or disposed of as per prescribed rules.
- Annual compliance certification and maintenance of digital records are compulsory.
Important Facts
The framework follows the a