GSB Taxation

  GSB infotech global business solutions is the leading service provider for tax registration, GST and income tax return filing. We have an excellent team of professionals with years of experience. We make business incorporation easy and provide legal business consultancy. We offer our services at cost-effective prices that too with higher customer satisfaction. Our team has worked on numerous projects for our clients in India and abroad. We offer our services in online company registration, online government license, online society registration, online tax filing, and other business advisory services.So what are you for call us to fix a free appointment-8586806283, we will provide you the best company registration services in Delhi...  

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What is the fee for the trade license registration?

There is a different fee structure for trade licenses in different states. Some cities gather business licenses on annual or yearly fees and other cities receive depending upon the business annual sale. Trade license registration is granted by the municipal corporation of the area.

What is the validity of Trade Licenses Delhi?

A registered trade license has a validity period of one year which has to be renewed on an annual basis. After the validity period of one year, the application for the renewal of a trade license is required. This is done with the aim that the business entities will be able to continue their businesses in compliance with the contemporary and applicable provisions of local laws. Following are the documents that are required for trade license renewal: 

Original copy of the trade license

Previous year challan

Updated paid property tax receipts

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What is the process of Hallmark registration?

Following are the steps that must be followed in hallmark registration:

The first step is to send the jewels to the Assaying and Hallmark center for the assessment of jewelry.

Before sending the jewelry tp the Hallmark following particulars should be informed:

The description of the jewels and other products 

No. of the stones in the jewel in any

The purity of jewels in carats

The overall weight of the consignments

The jeweler should maintain a register of consignments sent to the Hallmark authority. An authorized representative of the jeweler should sign every entry in the register. 

Registrar can cancel the hallmark registration after all the corresponding stock items are sold.

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What is the procedure of Drug license registration?

The procedure of Drug license registration:

Step 1. Document preparation: The first step in obtaining the drug License in India is to prepare all the required documents for drug license which includes, preparation of key plan and site plan and various affidavits and declaration as prescribed under the Drugs and Cosmetics Act. 

Step 2. Application filing: The application for obtaining a drug license is filed online, with the payment of government fees. Along with an online application for a drug license, all the documents are also scanned at the time of filing an application. 

Step 3. Inspector Visit: After application filing, an inspector from the department visits the premises to check the authenticity of documents and verify the application. 

Step 4. Grant of License: After the Inspection is complete and in case personal interview is called for is cleared by the competent person and upon verification all information and documents furnished are correct then drug license is granted. 

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What are the documents required for import & export code?

Following are the documents that are required for IEC code registration-:

PAN card of the applicant

Address proof of business premises

Electricity bills

Details of Directors/partners

A digital signature of the applicant

Canceled cheque

Copy of bank account

Passport size photograph

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Introduction

ISI mark or the Indian Standard Institute, which's referred to as BIS, maybe a standard body in India which checks the standard and therefore the efficiency of various products in India and hence confine check if the corporate is following the laid out standards given by the Institute. Now there's a really common misconception amongst the overall public that ISI Certification and ISO Certification is one and therefore the same thing. However, this is often not in the least true, albeit both the certification works on by laying out different standards and aim for one thing that's high-quality products and services to tend out they're still considerably different. Whereas ISO Registration Certification is provided to a corporation and therefore the way it works, the interior working system (in accordance with the International Standards laid out by the ISO), ISI Certification is given bent products also, more commonly referred to as ISI mark.

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What is the procedure to get the FSSAI license?

Following are the steps that must be followed for food license registration:

The first step is to plan your business and file and application.

Ascertain the annual turnover of food business.

Collect all the required documents for FSSAI license and then submit it.

Photo of the applicant

Registration proof

Identity Proof

Trade License.

Submit the Challan.

You will get the FSSAI license within a week if the application is accepted.

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What is the fee for the trade license registration?

There is a different fee structure for trade license in delhi. Some cities gather business licenses on annual or yearly fees and other cities receive depending upon the business annual sale. Trade license registration is granted by the municipal corporation of the area.

What is the validity period of a trade license? 

A registered trade license has a validity period of one year which has to be renewed on an annual basis. After the validity period of one year, the application for the renewal of a trade license is required. Following are the documents that are required for trade license renewal: 

Original copy of the trade license

Previous year challan

Updated paid property tax receipts

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What are the documents required for section 35ac registration?

The following documents are required for 35ac registration in India to accept donations for NGO.

Name and address of the applicant managing and affairs of the association and managing the association during the last three year.

Address proof

Pan card, adhaar card and other id proof.

If association and institution is notified under section 10(23)c is approved for section 80G.

In detail the particular activities done by the association or institution during the last three year preceding the date of application if the association or institution is three year old.

And such other information about the association or institution.

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What is the process of Hallmark registration?

Following are the steps that must be followed in hallmark registration:

The first step is to send the jewels to the Assaying and Hallmark center for the assessment of jewelry.

Before sending the jewelry tp the Hallmark following particulars should be informed:

The description of the jewels and other products 

No. of the stones in the jewel in any

The purity of jewels in carats

The overall weight of the consignments

The jeweler should maintain a register of consignments sent to the Hallmark authority. An authorized representative of the jeweler should sign every entry in the register. 

Registrar can cancel the hallmark registration after all the corresponding stock items are sold.

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What is the procedure of agmark certification?

Procedure for the agmark registration: 

Step 1: The first step in agmark certification is to collect all the documents that are required. 

Step 2: The next step is to fill out the form for agmark registration. The form filling can be done by visiting the nearest agmark authority and filling the form.

Step 3: After this submit the hardcopy of application along with the documents. Following are the documents that are required for Agmark certification: 

Name of the agricultural product under which the applicant applies for Agmark

Name and address of the organization

PAN card of individual or business

Company registration certification

Trade license certification

Factory map of the place where the production work is going on

List of machinery such as power, quantity, and capacity

A list of all the products that are produced in the firm.

Step 4: After reviewing the required documents an inspection team will visit the production site for an inspection

Step 5: Finally, after the successful inspection, Agmark certification will be issued. Agmark certification is issued within 30-40 days of submitting the application. 

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Why should you apply for 12a/80g registration?

Why should you apply for 12a/80g registration: 

Tax Benefits: The most important advantage of section 12a registration is the income tax exemption provided to the donors of trusts or NGOs. NGO can avail rebates by getting 80g registration.

No renewals: Section 12A is a one-time registration. There is not any kind of requirement for any renewal under this registration. 

Get new donors: If an NGO has registered for section 12a & 80g registration only then it is eligible for government funding and private donors are also given 50% tax deduction in Income tax on the donations.

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What are the advantages of the Indian subsidiary company registration?

The advantages of the Indian subsidiary company registration: 

Separate legal entity: Indian subsidiary company is a separate legal entity that is governed under The Company act 2013. 

FDI: Foreign Direct Investment (FDI) is 100% allowed in several business activities/industries without any prior approval. And is not allowed in proprietorship, partnerships, and limited liability partnership it requires prior government approval.

Easy transferability: The shares of this firm can easily be transferred from one national entity to another.  

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What are the different categories of Trade license?

The different categories of Trade license:

Food establishment license

Industries license

Shop license

 What is the eligibility for trade license registration in Delhi? 

The applicant must have passed the age of 18 year 

There must not be any criminal cases against the applicant 

Business must be legally permissible 

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What are the documents required for section 35ac registration?

The following documents are required for 35ac registration in India to accept donations for NGOs.

Name and address of the applicant managing and affairs of the association and managing the association during the last three years.

Address proof

Pan card, adhaar card, and other id proof.

If association and institution are notified under section 10(23)c is approved for section 80G.

In detail, the particular activities are done by the association or institution during the last three years preceding the date of application if the association or institution is three years old.

And such other information about the association or institution.

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What are the benefits of Import export code?

The benefits of Import export code:

To increase and expand your business in the international markets.

It is very important to register to expand your business in world business. Not only that, it will increase your revenue as well as growth.

IEC is a permanent license and there is no need to renew this license. This is a permanent license.

Once you have an IEC code there is no need for any renewal. 

To import and export in overseas companies and businesses.

You don’t need to file any return once you are done with registration for the Import Export Code. After the allotment of the code, you don’t require to follow any process to ensure that the validity is sustained.

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What is the procedure of ISO certification?

Following are the essential steps for the ISO certification: 

Step 1. ISO Certificate Application: For ISO certification, first of all, you must file an ISO 9001 application.  An application can be filed in a prescribed form along with the required documents. The ISO 90001 application contains details regarding the rights and obligations of entrepreneurs, liability issues, confidentiality, and other details.

Step 2. Review of All the documents: The review of documents, writing quality policy, matters, and other documents are one of the most important steps in ISO certification. This is because these documents have to meet all the technical requirements of ISO:9001:2015 standards.

The ISO certification body will review all the quality manuals and documents related to your organization. This is helpful for the ISO registrar to identify the possible gaps against the requirements stipulated in the ISO standards.  Hence, it is essential for all organizations that ISO documents are prepared with great care and they describe the ideal work process. Here is a list of documents that are required for ISO 9001 certification:

Quality policy

Process map

Work instruction

Procedures 

Quality objectives

Step 3. Internal Audit: An internal audit is also done. Internal audits are basically inspections in which an organization evaluates itself to see if all 9001 requirements are being followed. These audits are not conducted only before the ISO:9001 certification but also after the ISOn certification is granted. All such internal audits are conducted by the employees of the company that have been trained for ISO audits.

Step 4. Final ISO registrar decision: The certification for ISO 9001 cannot proceed until all significant nonconformities are closed and verified by the Registrar.  This process involves a re-audit of the affected areas and the associated costs. After addressing all the issues in the audit report of the organization, ISO the registrar will grant the ISO certificate.

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Nidhi Company registration

Nidhi company registration is one of the types of NBFC. These kinds of companies are primarily formed with the objective to distribute the loans and credits among the members of a Nidhi company. 

Nidhi companies are registered under section-406 of The companies Act 2013 and the Nidhi Companies rules 2014.

Though not directly regulated by the RBI, still they have powers to issue directives for them related to their deposit acceptance activities. Moreover, because these Nidhis deal with their shareholder-members only, they have been exempted from the core provisions of the RBI Act and other directions applicable to NBFCs.