E-tailers may have to register entities in India
Read more at:
https://lnkd.in/fQnXccP
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Hey ! How will you define these entities :
These days , a product could be,
* patented in one country ( concept )
* designed in another country
* developed ( detail manufacturing drawings ) in another country
* components made all over the World
* Sub-Assemblies ( of those components ) carried out in another country
* Final Assembly done in another country
* Packaging done in another country
* Offered for sale on ONLINE e-commerce portals in another country
* Marketed by agencies located all over the World
* Delivered using manpower / drones / supply chains of several countries
* Financed by funds from all over the world
At which “ Level “ of Value Addition , does a product become “ local “ ?
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