The Goods and Services Tax (GST) Composition Scheme is a boon for small businesses, offering them a simplified tax structure and reduced compliance burdens. By opting for the scheme, businesses can avail themselves of lower tax rates and streamlined processes. However, despite its advantages, there are certain pitfalls that businesses must avoid to ensure smooth…
In recent years, food trucks have gained immense popularity, providing a unique and convenient dining experience for people o the go. In the vibrant state of Rajasthan, these mobile culinary ventures are becoming prevalent, serving up a diverse array of delectable dishes. However, with great flavours come great responsibilities. To make sure the safety and…
The Food Safety and Standards Authority of India (FSSAI) is a regulatory body responsible for ensuring the safety and quality of food products in India. As part of its mandate, the FSSAI has established guidelines for the food supplements business, which includes the sale and distribution of dietary supplements, nutraceuticals, and other health-related products. In…
The process of intimation to stock exchange for resignation of company secretary entails promptly informing the stock exchanges of a company secretary’s resignation. This is necessary to comply with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This article will provide us an idea of the letter format to inform the Intimation to Stock…
Shops and Establishments are required to obtain a shop and establishment license to conduct business. However, this license would fluctuate according to state requirements. For instance, the licensing procedure for shops and establishments in Rajasthan would differ from that of shops and establishments in Uttar Pradesh. The Rajasthan Shop Commercial & Establishments Act, 1958 is…
Operating a meat shop comes with a significant responsibility to provide safe and hygienic meat products to consumers. In India, the Food Safety and Standards Authority of India (FSSAI) plays a crucial role in ensuring that meat shops adhere to stringent rules and regulations. These guidelines, established by the FSSAI, are designed to maintain food…
FSSAI (Food Safety and Standards Authority of India) registration is a mandatory requirement for businesses involved in the food sector in India. It is a regulatory measure implemented by the Government of India. It ensures the safety and quality of food products consumed by the public. FSSAI is responsible for setting standards for food products,…
Behind every delectable dish lies the crucial responsibility of food handlers to maintain impeccable hygiene and safeguard against foodborne illnesses. With this in mind, the Food Safety and Standards Authority of India (FSSAI) has donned the cape of a vigilant guardian, establishing guidelines and regulations that set the bar high for food handlers. The FSSAI…
FSSAI licensing refers to the process of obtaining a license from the Food Safety and Standards Authority of India (FSSAI). FSSAI is the regulatory authority established by the Government of India to ensure the safety and quality of food products in the country. The FSSAI licensing system is designed to regulate and monitor food businesses,…
Under the Goods and Services Tax (GST) regime in India, businesses often have multiple branches or units that operate independently but are part of the same organization. Managing input tax credit (ITC) for these branches and units can be complex and time-consuming. However, the concept of an Input Service Distributor (ISD) comes to the rescue…