The General Anti-Avoidance Rules Authority (GAAR) has issued an update that indicates a possible reclassification of instant mixes such as dhokla, idli and dosa. Therefore, this will increase their GST rate to 18%. This decision takes these items out of the low tax basket “sattu”. The impact on the producers and consumers is significant. Manufacturers’ … Read more
In a landmark decision on April 30, 2024, the Calcutta High Court addressed a critical issue affecting many businesses across India regarding the GST. Thus, This ruling has significant implications for how companies manage their GST compliance. Let’s understand all about it through this article. The Case Overview The issue at the heart of this … Read more
Increasing business sales online is not an easy task. You have to keep in mind a lot of things and always stay active. In this article, we will learn some essential tips to increase business sales online. Understand your customer base In offline business, you can interact with the customers. However, in online business people … Read more
Government tenders are an important opportunity for businesses. To get these government tenders, you have to follow certain tips and strategies. Let’s learn the important tips to get government tenders in India. 1. Learn about the e-tendering procedure. The e-Tendering procedure is when the full tendering process is completed online. e-Tendering was created to prevent … Read more
Bringing Indian food products into the US market can be a profitable endeavour, but it necessitates detailed planning and strict adherence to various regulations. Here’s an in-depth guide to assist you in this journey. Steps to Sell Indian Food Products in the USA Obtain Import Export Code (IEC) Firstly, you need to obtain an Import … Read more
The FSSAI has taken a serious step to safeguard public health. Food Safety and Standards Authority of India (FSSAI) has ordered all local food businesses to stop using the ‘100% fruit juices’ label on reconstituted fruit juice products. This rule takes effect right away. However, businesses can use existing packaging till September 1, 2024. Misleading … Read more
Understanding deductions under Section 80 of the Income Tax Act is crucial so you can benefit completely from ITR Filing. In this article, you will know all about deduction under section 80 from ITR Filing perspective which will help you get tax benefits. Section 80C Maximum Deduction: You can claim a maximum deduction of ₹1.5 … Read more
Efficiency and accuracy are the keys to success in the fast-moving business of India. In Micro, Small, and Medium Enterprises (MSMEs), competitiveness is the keyword, and to make them count, every available tool is to be used, with barcode registration being one such essential tool. We will understand the barcode registration in India, and it’s … Read more
The Zero Defect Zero Effect (ZED) certification is a valuable recognition for MSMEs) in India. It encourages high-quality manufacturing with minimal environmental impact. Furthermore, it supports the Make in India initiative and benefits your business in several ways. Let’s know about ZED Certification through this article. Understanding ZED Certification ZED certification is built on two … Read more
All GS1 barcode registrations have a specific validity period. Thus, it’s essential to renew your GS1 barcode Registration before it expires. This ensures that your barcodes remain valid, you retain access to your DataKart account, and enable validation of your barcode numbers through various GS1 repositories. Renew Your Barcode Registration in 3 Simple Steps 1. … Read more