APEDA launches its first Virtual Trade Fair

APEDA launches its first Virtual Trade Fair

A piece of good news for everyone, APEDA launches its first Virtual Trade Fair. APEDA launches its first trade fair to boost the export of agricultural and processed food products. Launched on March 10, 2021, by the Agricultural and Processed Food Products Export Development Authority (APEDA), it was concluded on March 10, 2021. APEDA Registration … Read more

Panel recommends structural changes to boost GST revenues

Panel recommends structural changes to boost GST revenues

The panel’s reference to structural alterations to GST comes in the imprint of plans by the central government to merge the 12% and 18% GST slabs, an idea that has to create support among some states. In this article, we will discuss the Panel recommends structural changes to boost GST revenues. Panel recommends structural changes … Read more

CAIT demands restoration of MSME status for 8 cr traders

BHEL to procure 300 products worth ₹3,000 cr from MSMEs

In June month of 2017, the government took away the status of MSME from about 8 crores wholesale as well as retail traders. Now, the Confederation of All India Traders (CAIT) has come forward and demanded the restoration of taken Micro, Small & Medium Enterprise (MSME) status from these traders who are part of the … Read more

ISO Certification for aerospace and Defense Companies

ISO Certification for aerospace and defense companies

When implementing a Quality Management System (QMS) or ISO Certification for the aerospace industry, you may come across conflicting information about whether to use ISO 9001:2015 or AS9100 Rev D. It is important to note that AS9100 Rev D is explicitly written for the aerospace industry. In contrast, ISO 9001:2015 is intended for use by … Read more

States yet to pay ESIC for COVID-19 hospital use: Parliament Proceeding

States yet to pay ESIC

The State Government has announced the notification for employees state insurance corporation. Further, the State governments are also to reimburse the Employees State Insurance Corporation (ESIC) for the medication of non-ESI beneficiaries at the ESI hospitals that were proclaimed COVID-19 hospitals last year, the Labour and Employment Ministry. In this article, we will discuss States … Read more

Trademark Registration for Advertising and Business Services: Trademark Class 35

Trademark class 35

In today’s industrialized world, consumers encounter trademarks in their daily lives. Many Customers subconsciously associate these trademarks with the items rather than the labels. It also prevents the company’s name from being misappropriated by anyone. In this article, we will discuss the trademark class 35 and it’s importance. Understand Trademark Trademarks are similar to a … Read more

Exemptions of Services under GST

Exemptions of Services under GST

GST was introduced because there was a growing need to replace innumerable indirect taxes in India, such as excise duties, service taxes, VAT, etc. The GST Act came into effect on the 1st of July 2017, This post will highlight some of the broader aspects related to GST exemption and examples of services that are exempt … Read more

Changes in GSTR-1 applicable from 1st April 2021

Panel recommends structural changes to boost GST revenues

The central government has declared the impending alterations in GSTR-1 Table-12 on GST Portal. The government has instructed that from 1st April onwards, it will become compulsary to report minimum 4 digit or 6 digits of HSN (Harmonized System of Nomenclature) Code in Table-12 of GSTR-1 and in Tax Invoice. In this article, we will … Read more

Jio Taps MSMEs to Shore Up Revenues

Jio Taps MSMEs to Shore Up Revenues

According to estimates, India’s GDP is expected to grow over the next few years considerably. The government is also extensively focussing on its ‘Make in India’ initiative promoting domestic manufacturing. As such, MSMEs in India is poised to witness an expansion. In turn, this will lead to a rise in the demand for digital services. … Read more

Accounting and Bookkeeping for eCommerce: What You Need to Know

Accounting and Bookkeeping for eCommerce What You Need to Know-min

Currently, the world is suffering from COVID-19 pandemic. This pandemic caused lockdown or house arrest across the world for individual safety. However, customers didn’t stop purchasing products, not from the physical market but online. Although post lockdown, people still prefer to purchase all necessary things online rather than offline, as the online purchase is safe … Read more