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Legal Issues in e-commerce
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| bet | 26/27 | | Sana | 20.05.2024 | | Hajmi | 430,65 Kb. | | #246175 |
Bog'liq Legal Issues in E CommerceCONCLUSION
Electronic commerce systems which basically operated over the internet, for all intents,
operate outside of clear geographical boundaries. In India, this issue creates potential
questions concerning the applicability of the state laws to transactions that could be
initiated by a consumer in one state who uses a financial institution headquartered in a
second state to make payments to recipients located in yet other states, by means of a
computer at some unknown location. These challenges are even greater at the
international level. It is certainly a huge challenge for all the countries to agree upon a
common law. Laws such as those involving protection of personal privacy and entities
permitted to issue electronic money may raise difficult problems, as will those dealing with
tax collections. Sales over the Internet, for example, raises questions about the location
of transactions and consequently about which tax laws apply. All these considerations
raise the larger question: What are steps that the Indian Government should take to
identify and coordinate responses among countries to those common problems in such
areas as law enforcement, personal privacy, taxation, protection of intellectual property
etc.?
We have tried to highlight some of the major issues in ecommerce and tried comparing
certain international laws with the laws in our country. For electronic commerce, progress
is best achieved through innovation by industry, and it can only strengthened further by
government by enacting laws that helps in maintaining the trust of the public, protecting
private information, creating mechanisms to safeguard online transactions etc. Hence in
order to achieve this, it is certainly necessary that industry, consumers and government.
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