In recent years, India has attempted to implement digital payment systems to simplify tax collection and deduction. The implementation of the e-invoice under the GST regime would assist the country in ushering in a digital era by transitioning away from traditional pen-and-paper processes. The GST e-invoice system assists businesses in... read more →
Aug 03
Aug 03
Process of Design Registration in India: - A newly created design applied to an object manufactured through an industrial process can be secured from counterfeiting by a design registration, which is a kind of intellectual property protection. Design registration grants the inventor exclusive rights to use the design for 10... read more →
Jul 26
File Letter of Undertaking (LUT) in GST What does LUT imply in the context of GST? LUT stands for Letter of Undertaking (LUT). It is required to be submitted in the form GST RFD 11 under rule 96 A, in which the exporter certifies that he or she will comply... read more →
Jul 26
Products are certified according to quality standards across industries. Actions such as the 2006 Food Safety and Standards Act, including the licensing of food products, are in place. This ensures that we eat quality, non-adulterated foodstuffs. FSSAI and AGMARK are the current standards for food goods. The distinction between the... read more →
Jul 23
In a certain way, the FSSAI controls the food company. It also develops food safety standards by providing FSSAI recommendations on food safety. To operate a food company in India, you must first obtain an FSSAI license. Without one, any FBO will be held liable, and the FBO may be... read more →
Jul 19
The Food Safety and Standards Authority of India is a regulatory agency formed under the Minister of Health and Family Welfare (Ministry of Health and Family Welfare), the Indian Government. The FSSAI was establishing a consolidated Statute for Food Safety and Standards in India pursuant to the Food Safety and... read more →
Jul 16
The Do’s and Don'ts of Invoice Writing As a small business owner, one of the most crucial duties you have is to prepare invoices. After all, business invoices are the first step in earning the revenue your company needs to function efficiently and assisting you in paying personal expenses like... read more →
Jul 15
A trademark is a symbol of a name, a logo, a picture, a word, a sentence, even a label or a sound. The first step to protect your brand is to register a trademark. After registering, it is also a valuable asset on your trademark's balance sheet and may also... read more →
Jul 12
What exactly is the FSSAI? The Food Standards and Safety Authority of India is the highest organization in charge of monitoring and overseeing food safety (FSSAI). The FSSAI Simple Registration is required for all businesses in the food sector. During registration, you will be required to provide information about your... read more →
Jul 10
Simply stated, filing your ITR is a process to inform the government about the revenue you earned during this particular fiscal year (1 April to 31 March of every year). The ITR is an overview of your revenues, the total tax payable, the liabilities, and the financial year's tax refunds.... read more →