If you’re a business owner or a tax professional, it’s important to stay up-to-date with the latest regulations and advisories related to the Goods and Services Tax (GST) in India. Recently, the GSTN released an advisory related to the reporting of HSN codes in e-invoices on the IRPs portal. In this post, we’ll understand all … Read more
As the barcode turns 50, it’s hard to imagine a world without those familiar vertical lines adorning every item in the supermarket. The barcode registration revolutionized retail, enabling speedy and efficient checkout processes and facilitating the globalisation of commerce. Today, the trademark beep of a product being scanned is heard six billion times a day … Read more
It’s important to keep track of your GST Registration. Furthermore, failure to do GST Return Filing on time can result in cancellation of GST Registration. This is a major setback for any company. However, there is good news. The government has recently announced that businesses whose GST registrations were cancelled can now apply for revocation … Read more
The government has set a cap on the maximum rate of GST compensation cess for tobacco products such as pan masala and cigarettes. So, This article explores the impact of the government’s decision for the GST Cess limit on tobacco and Pan Masala. Government Caps GST Cess Limit on Tobacco and Pan Masala As part … Read more
Get ready to spice up your knowledge on GST rates! The GST Council has announced the rates for sugar, salt, chocolate, and spices, and we’ve got all the details for you. With GST rates based on the internationally recognized HSN code system, which is used by over 200 countries, these rates are categorized into five … Read more
FSSAI warns against calcium carbide for fruit ripening due to health risks, urging use of approved methods. Non-compliance may lead to strict actions. Learn more about safe fruit ripening in this blog. Understanding Artificial Ripening of Fruits Artificial ripening is a controlled process used to ripen fruits to achieve desired outcomes, such as optimal ripeness, … Read more
In a move that could potentially strengthen the technology ties between the United States and India, both countries are set to sign a memorandum of understanding on semiconductors. The announcement was made by the U.S. Commerce Secretary Gina Raimondo. She also revealed that the two nations will engage in discussions regarding investment coordination. Additionally, they … Read more
As you already know, a patent is a legal right that is granted for an invention, product, or process that provides a new way of doing something or offers a new solution to a problem. Thus, the patent registration is beneficial for businesses and excludes others from making, using, or selling an invention for a … Read more
The Indian government has recently announced that it will be extending financial support to eligible agencies for promoting Geographical Indications (GIs) products. The move aims to boost the country’s GI sector by encouraging more initiatives. Additionally, it will also focus on projects related to the promotion of these unique products. To streamline the process, the … Read more
Trademark registration is restricted to specific geographic areas, meaning that registering a trademark in India offers protection solely within the country. To secure protection for their trademark beyond India, trademark owners must obtain international registration. By obtaining international registration, trademark owners can utilize their trademark in other countries and prevent others from using the same … Read more