A trade license is a certificate or document that grants permission to conduct business in a specific municipality. The Municipal Corporation of Delhi (MCD) issues Trade Licenses to businesses and commercial enterprises in the city to keep records on and control the city’s commercial activities. Know all about trade licenses in Delhi through this article. … Read more
SAFTA stands for South Asian Free Trade Area and includes multiple countries – Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka. The DGFT provides Indian exporters and importers with a SAFTA License, which is essentially a certificate of origin. The commercial invoice is supplemented by a SAFTA certificate to identify the nation … Read more
Having an Exim code is a requirement for doing business in Nepal, whether you’re an exporter, importer, or a general trader. Before beginning business in Nepal, one must first register for an Exim Code. The Nepalese Exim code is distributed by the Nepal Customs Administration. Consequently, you must submit an application on the Department of … Read more
Exporters and Importers or collectively traders in Nepal mandatorily need exim code in Nepal. The Registration of Exim Code in Nepal must be taken before pursuing the trade. The Department of Customs of Nepal issues the exim code. Therefore, to register exim code in Nepal, you need to file an application on the Department of … Read more
To increase the scalability and funding options, every private limited company wishes to convert into public limited company. Furthermore, a public limited company offers multiple benefits which businesses can avail. Learn about the conversion process of private limited company to public limited company through this article. What is a Private Limited Company? A private limited … Read more
The Central Board of Direct Taxes (DBDT) has suggested a standardized income tax return (ITR) form in an effort to streamline the tax filing process for individuals and businesses alike. Except for Form-7, the CBDT has recommended consolidating all ITR forms. Let’s learn about the latest updates regarding a simpler and common ITR Filing form … Read more
Gold is being imported to India for a very long time and in quite a large quantity. The reason is that gold is used in various customs, marriages, traditions as well as investments by the Indians. It is quite a valuable asset. Indians love investing in gold to have a good financial balance. The demand … Read more
Information like export data of Coconut, global buyers and importers of Coconut, export processes for Coconut, and duties and taxes imposed on export of Coconut from India are all things you’ll need to know if you want to get into the export business. Know about exporting Coconut from India to other countries through this article. … Read more
India’s food business is governed by the Food Safety and Standards (FSS) Act, which was put into effect in 2006. The organisation responsible for putting the FSS Act into effect is the Food Safety and Standards Authority of India (FSSAI). The FSSAI registration/license is a requirement for Food Business Operators (FBOs). The FSSAI certificate guarantees … Read more
The GST introduced two new forms for the purposes of GST Return Filing, GSTR 2A and GSTR 2B, both of which are automatically populated as per Goods and Service Tax rules and regulations. Here, we’ll compare and contrast GSTR 2A and GSTR 2B which is extremely important for taxpayers to know. What is GSTR -2A? … Read more