The commerce ministry notifies new import policy for LED products and control gears for such items. Let’s summarise the Notifications issued:- DGFT Notification No 32/2015-2020 DGFT vide Notification No. 32/2015-2020 dated September 17, 2020, has provided for insertion of policy condition in chapter 85 and 94 of ITC (HS), 2017, Schedule -I (Import Policy) in … Read more
As we know, Trademark registration renders businesses to claim ownership of their unique brand name and defends against misuse and violation. With the aid of trademark registration, one can promote the business brand and claim rights. Trademark Application is classified under 45 various classes which are based on the nature of the business activity. In … Read more
The GSTN portal has issued the Advisory issued on Delinking of Credit/Debit Note from Tax Invoice. Let’s understand in detail – Advisory issued by GSTN GSTN has issued the formal advisory in regard to delinking of Credit/Debit Note facility which has given below for the ready reference of our readers. It was also intimated that … Read more
As we know India is a major producer and exporter of Spices. Also, it is recognized as a profitable business in India. Any individual can start a spice business as a small, medium, and large scale base as per his or her investment capacity. Spice powder is a necessary ingredient in cooking, none of the … Read more
ATM fraud cases are increasing rapidly during the country. Because of this, the country’s largest bank State Bank of India (SBI) has now determined to implement SBI cash withdrawal rules like a one-time password (OTP) based ATM cash withdrawal facility (24 ×7). Let’s understand in detail – New Guidelines by SBI SBI has announced the … Read more
As we all know ISO Certification for quality management systems shows the delegation to consistency, continual improvement and patient satisfaction. These are tangible advantages for ISO certification for the Hospitality industry. Also, ISO Certification plays an essential part in building a sustainable culture of high performance. In this article, we will discuss various types of … Read more
Big relief for composite GST taxpayers, the Institute of Chartered Accountants of India (ICAI) has written to the GST Council asking for an extension of GST annual return filing for FY19. Let’s understand in detail – Due to the COVID-19 pandemic, The Institute of Chartered Accountants of India (ICAI) has written to the GST Council … Read more
As we know Advertisement plays an indelible part of business growth and acts as a tool for communicating the products and services offered by the seller to its prospective buyers. Since there are diverse ways in which advertisement services are provided, it becomes important to understand their taxability provisions from the GST perspective. In this … Read more
As we know, Trademark registration provides companies to claim ownership of their unique brand name and protects against misuse and violation. With the trademark registration, one can improve business brand and claim rights. Trademark Application is classified under 45 various classes which are based on the nature of the business activity. In this article, we … Read more
Importing and Exporting are means of Foreign Trade. Foreign trade is carried out in goods and services – which covers imports, exports, and the balance of foreign trade – is presented separately for Export goods and services. In this article, we will discuss the Processing an Export Order in detail – About Import Export Code … Read more