Motilal Oswal
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Motilal Oswal
Retail

Government not to extend February 1 deadline on revised norms for etailers

Updated : February 01, 2019 10:32 AM IST

The Department for Promotion of Industry and Internal Trade (DPIIT) said it had received some representations to extend the deadline of February 1, 2019 to comply with the conditions contained in the Press Note 2 of 2018 series on FDI policy in ecommerce.
Both Amazon and Walmart-owned Flipkart have sought an extension of the February 1 deadline for complying with the revised norms, stating that they need more time to understand the details of the new framework.
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