Trade Compliance Policy

 

 

Mytrikart is committed to conducting its business in compliance with all applicable trade laws and regulations. This Trade Compliance Policy ensures that all sellers, vendors, and business partners adhere to the necessary legal and ethical standards while conducting trade on our platform.

 

 

This policy applies to all:

•Sellers and vendors listing products on Mytrikart.

•Buyers purchasing products through Mytrikart.

•Employees, contractors, and third-party service providers associated with Mytrikart.

 

 

All users of Mytrikart must comply with:

•Indian Trade Laws & Regulations: All sellers must ensure that their products comply with Indian e-commerce laws, Foreign Direct Investment (FDI) regulations, and Consumer Protection (E-commerce) Rules, 2020.

•Customs & Import/Export Regulations: Any cross-border trade must adhere to customs, import, and export regulations.

•Taxation & GST Compliance: All sellers must comply with Goods and Services Tax (GST) requirements and ensure proper invoicing.

•Intellectual Property Rights (IPR): Products listed must not violate trademarks, copyrights, patents, or other intellectual property rights.

•Product Safety & Standards: All products must meet Bureau of Indian Standards (BIS) and other applicable safety regulations.

 

 

The following items are strictly prohibited on Mytrikart:

•Counterfeit goods: Fake, replica, or unauthorized branded products.

•Illegal items: Items banned under Indian laws, including narcotics, weapons, explosives, and wildlife products.

•Restricted medical devices: Unapproved pharmaceuticals or medical devices.

•Adult content: Pornographic or obscene materials.

•Products violating religious sentiments: Items that promote hate speech, discrimination, or violence.

 

 

•Accurate Product Listings: All product descriptions, pricing, and images must be truthful and not misleading.

•Proper Documentation: Sellers must maintain records of invoices, purchase orders, and supplier details for regulatory compliance.

•Fair Trade Practices: Sellers must not engage in price manipulation, false advertising, or unfair competition.

 

 

Mytrikart strictly prohibits money laundering, fraud, and financial crimes. Any suspicious transactions may be reported to regulatory authorities.

 

 

For international sellers and buyers, the following must be ensured:

•Compliance with Foreign Trade Policy (FTP): Adherence to India’s Directorate General of Foreign Trade (DGFT) rules.

•Customs & Duties: Proper declaration of customs duties and adherence to import/export documentation.

•Sanctions & Embargoes: No transactions with entities or individuals under government sanctions.

 

 

•Monitoring & Audits: Mytrikart reserves the right to review seller activity and request compliance documentation.

•Penalties for Non-Compliance: Violations may result in warnings, penalties, delisting of products, or permanent account suspension.

•Legal Action: Serious violations may lead to legal proceedings or reporting to authorities.

 

 

Any suspected violation of this policy should be reported to Mytrikart’s compliance team at [support@mytrikart.com]. Reports will be treated confidentially, and necessary actions will be taken.

 

 

Mytrikart reserves the right to update this Trade Compliance Policy at any time. Sellers and users are advised to review the policy periodically to stay informed.