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The online shopping application Tokopedia has released a list of the best-selling products | jouron

The scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) provides for refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods and are not being reimbursed under any other mechanism at the centre, state, or local level.

A New York court ruled against Alibaba in a lawsuit brought by a U.S. toymaker over alleged counterfeit sales of Squishmallows on Alibaba's platforms. Judge Furman rejected Alibaba's dismissal request, noting persistent fake toy sales despite prior legal actions. The court found the claims plausible, denying Alibaba's motion. This marks a crucial point in addressing alleged counterfeit sales on major ecommerce platforms.

Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that huge export opportunities are there in the ecommerce sector. The new FTP (foreign trade policy) 2023 has raised the value limit of ecommerce exports through couriers from Rs 5 lakh to Rs 10 lakh per shipment.

Omnichannel retailer FirstCry aims to raise Rs 1,816 crore through the issue of fresh shares, along with an offer for sale of more than 54 million shares. This will make FirstCry only the second Indian vertical ecommerce company to go public after Nykaa, which listed in 2021.