🔊 Play If you’re planning to start a food retail business in India, the most important license is the one from the Food Safety and Standard Authority of India (FSSAI), Ministry of Family Health & Welfare, Government of India. The FSSAI provides licenses for the safety and standardization of food products manufactured and sold in […]
Now PAN can be used as Importer Exporter Code with the introduction of GST: DGFT
🔊 Play In a move that would improve ease of doing business in the country, Commerce Ministry has allowed using PAN as Importer Exporter Code (IEC) with the introduction of Goods & Services Tax (GST). According to the Foreign Trade (Development &Regulation) Act, 1992, no person shall make any import or export except under an […]
You want to start a new company in India?
🔊 Play Our team at CA on Web is available at your service and will help you to obtain the company registration in a small time frame of 7 to 12 days. You are only required to plan for the business and all the paperwork and formalities will be handled by our team of experts. […]
FAQ’s on MSME-GST
🔊 Play Question 1: What is GST? Answer : GST stands for Goods and Services Tax, which is levied on supply of goods or services. “Supply” is a legal term which has very broad sweep and various types of economic activities are covered by it. For example, sale of goods is a type of supply. […]
FAQs Drugs & Pharmaceuticals GST
🔊 Play Question 1: Whether formulations cleared have to be assessed to GST under transfer price mechanism or on the basis of MRP printed on them? Answer : The assessment of drugs and formulations under GST would be on the basis of transaction value at each level of supply with end to end ITC chain […]
FAQ on E Commerce Gst
🔊 Play FAQ: E-Commerce Question 1: What is Electronic Commerce ? Answer: Electronic Commerce has been defined in Sec. 2(44) of the CGST Act, 2017 to mean the supply of goods or services or both, including digital products over digital or electronic network. Question 2: Who is an e-commerce operator? Answer: Electronic Commerce Operator has […]
Unique Identification Number(UIN)
🔊 Play Grant of Unique Identification Number(UIN) Any specialized agency of the United Nations Organization or any Multilateral Financial Institution and Organization notified under the United Nations (Privileges and Immunities) Act, 1947 (46 of 1947), Consulate of Embassy of foreign countries ; Any other person or classes of person notified by the Commissioner shall obtain […]
What is Debit Note and Credit Note?
🔊 Play What is Debit Note and Credit Note? When goods supplied are returned or when there is a revision in the invoice value due to goods (or services) not being up to the mark or extra goods being issued a Debit Note or Credit Note is issued by the supplier and receiver of goods […]
Cross Border Transaction – Structuring & Taxation
🔊 Play We have extensive experience in developing optimal tax structures for both inbound investments and outbound investments. The structuring of inbound and outbound investments starts with an understanding of expansion plans and objectives of the business. And, then a careful analysis of the applicable tax rules and rates for the home country and foreign […]
FDI Allowances in various sectors
🔊 Play Agriculture – 100% Plantation Sector – 100% Mining of metal and non-metal ores – 100% Mining – Coal & Lignite – 100% Food Product Retail Trading – 100% Broadcasting Carriage Services (Teleports, DTH, Cable Networks, Mobile TV, HITS) – 100% Broadcasting Content Service – Up-linking of Non-‘News & Current Affairs’ TV Channels/ Downlinking […]