E-commerce to boom: Govt resets courier rules, removes export value limits

• India's courier industry undergoes significant regulatory shift, impacting cross-border e-commerce.
• Customs rule revisions scrap courier export value limits, digitize returns, and ease auction provisions.
• Removal of the Rs 10 lakh export value threshold allows high-value shipments via courier channels.
• New digital return facility within customs processes aims to speed up clearance and reduce physical inspections.
• Changes to custody provisions for undelivered shipments facilitate returns to sender, aligning with global norms.