DGFT has issued a notification for applying, updating IEC (Now e-IEC). It is mandatory Every year from April to June even if, all details of IEC remain same all existing holders have to confirmed compulsory. Otherwise, IEC may be de-activated if not upgraded. In this article, we will discuss IEC Code Requires Renewal Every Year, … Read more
In the modern age, we are witnessing a surge in new technologies across the globe. As the global population is increasing with each passing day, so is the challenge of feeding them. Add to this the rapidly exhausting natural resources. There is a severe need to develop new techniques in agriculture to grow food in … Read more
As we know, the GST rates in India are determined by the GST Council from time to time. GST rates will be levied in 5 rates, particularly, NIL, 5%, 12%, 18% and 28%. With GST to be implemented in India from 1st July 2017, the GST rate for all goods and services have been notified. … Read more
ISO standards are globally recognized standards that prove your business is wholly committed to producing quality goods with complete safety and cleanliness in almost perfect management systems. ISO certification for a manufacturing business is a significant opportunity to improve the quality. Also, ISO certification for Manufacturing business helps in getting customer satisfaction. It is also valuable … Read more
The Packaged food companies stated the Food Safety and Standards Authority of India’s (FSSAI) move to limit the trans-fat in food items that use edible oil as an ingredient to 2% is consumer-friendly and will not put the burden on the industry as most companies are already initiating on reducing trans-fat in their products. In … Read more
Having a Trademark for any business is essential and beneficial. Especially if you are new in the industry, having a trademark registration will make your business distinctive compared to your competitors. Trademark registration can also be done before launching the company as it will save your brand name from misuse by your competitors. By acquiring … Read more
As we know, Barcodes can be found on the packaging of many products these days, and they serve several important purposes. If you are trading packaged products, you should consider preparing barcodes for them. Before you do so, it is essential to know what barcodes are and how you should go about acquiring and using … Read more
As we know, Exports have been the field of focus in all strategic initiatives of the Government for more than 30 years. Now with the Make in India drive, exports continue to appreciate this special treatment because exports should not be burdened with domestic taxes. In this article, we will discuss the GST on Export … Read more
The Food Safety and Standards Authority published the notification stated that the imported consignments of some of the major food crops will require to be accompanied by the “non-GM cum GM-free certificate from March 1. In this article, we will discuss the Food crop Importers will need to declare non-GMO Status. Food Crop Importers will … Read more
Liquidated damages has well-known term applied by the parties under a contract. Concerning the implication of indirect taxes, both in the former law and also the present GST law, there has always been an argument on the taxability of the liquidated damages, and the Government has never simplified this issue. In this article, we will … Read more