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
India is amongst the world’s top nation’s leading the export of merchandise. With the progressed liberalization of trade by the Indian Government, there’s an abundant opportunity for establishing a profitable export business. Also, Exports promote international trade and stimulate domestic economic activity by creating employment, production, and revenues. In this article, we will discuss the … Read more
A major step towards a better future to ensure safe and wholesome food for school children, the CEO of the Food Safety and Standards Authority of India FSSAI bans sales of junk food and unhealthy food in canteens of schools and other educational institutions. Let’s understand in detail- FSSAI bans sales of junk food The … Read more
A well-known trademark has extraordinary protection against passing off and infringement of such trademarks. Recognized trademarks are known in India based on their reputation, nationally, internationally, and cross-borders. With the trademark registration, one can certainly improve business brand hassle-free and claim rights. Trademark Application is classified under 45 different classes which are based on the … Read more
As we all know, Amazon is one of the highly-rated e-commerce portals where one can simply sell and buy products online. Amazon India was launched in the year 2013 and presently trades millions of goods over its platform. Any seller having its own brand manufactured product can be easily listed on Amazon for sales. However, … Read more
The COVID-19 pandemic has harm the Indian economy which gets reflects with the diminishing GDP growth of India. The Lockdown, which was imposed on 25th March 2020 in India, has given a huge difficulty to the key 8 infrastructure sectors. Based on the data released by the government, multiple sectors has now almost brought the … Read more
In what will be a relief for merchants and buyers accepting or making digital payments, the Central Board of Direct Taxes has published a circular in which the council meeting members discussed CBDT Notification for digital payment. Let us understand in detail CBDT Notification for Digital Payment CBDT notification for digital payment on 30th August … Read more