The e-commerce bill is not perfect but it is a stepping stone for a digital future
Photo: hippopx With the e-commerce bill being tabled in the parliament, there has been a lot of talk about it in the country. Even though the buzz about the bill started in 2021, it faced delays and stagnation due to political shifts in Nepal. The e-commerce bill contains several significant provisions that will have an impact on various businesses. Here are some key highlights to be aware of regarding the bill: Setting up a platform : The e-commerce bill has mandated setting up an e-commerce platform in order to operate a business in Nepal. The e-commerce business can operate via its own platforms or through intermediaries. Mandatory listing of the platform: The e-commerce bill further requires a listing of the platform in the e-commerce platform as established by the Department of Commerce, Supplies and Consumer Protection . Obligations of seller/intermediaries: The e-commerce bill has provisioned for the obligation of the seller/intermediaries including but not limited to...