The Steel Import Monitoring System (SIMS) is an online registration platform introduced by the DGFT in coordination with the Ministry of Steel. It requires importers to declare essential shipment details and obtain a SIMS Certificate before filing the Bill of Entry for notified steel products. This system promotes transparency, monitors import trends, and supports policy decisions without restricting trade. SKMC Global assists businesses in SIMS registration, documentation, and compliance.
Setting up an E-waste Recycling Plant is a vital step toward sustainable waste management and environmental conservation. It enables recovery of valuable metals, reduces landfill waste, and promotes a circular economy. The process involves obtaining necessary authorizations from the Pollution Control Board, ensuring compliance with E-Waste Management Rules, and establishing efficient collection and recycling systems. SKMC Global assists businesses with complete setup support—licensing.
Appointment of Independent Director is a key element of corporate governance, ensuring transparency, accountability, and unbiased decision-making within an organization. Independent directors bring an external perspective, oversee management performance, and protect the interests of shareholders. The appointment process involves verifying eligibility, obtaining consent, securing board and shareholder approval, and filing with ROC. SKMC Global assists businesses in identifying qualified candidat.
Loading in SVB Order often arises due to royalty or license fee payments, technical or management service charges, related-party influence, lack of documentation, or undisclosed discounts. If your SVB investigation fails to satisfy Customs, it may lead to value enhancement, financial liabilities, or extended scrutiny. SKMC Global helps businesses by reviewing agreements, preparing replies, representing before Customs, and managing appeals. With expert guidance, importers can ensure compliance.
AERB Registration is mandatory for any organization using radiation-emitting equipment or radioactive materials in medical, industrial, or research activities. It ensures compliance with Atomic Energy Regulatory Board (AERB) safety standards, protecting workers, patients, and the environment. The process involves obtaining procurement permission, installation approval, and operational licensing through the e-LORA portal. SKMC Global assists businesses in seamless AERB Registration.
India’s Foreign Trade Agreement and Investment Treaty Developments in 2025 mark a major step toward strengthening global trade relations and attracting foreign investment. With new FTAs such as India-EFTA and ongoing negotiations with key economies, businesses gain improved market access, tariff benefits, and investor protection. These initiatives enhance export competitiveness and promote ease of doing business. SKMC Global helps companies navigate evolving trade frameworks.
Foreign Dividend Income Taxation involves taxing dividends earned by Indian residents from foreign companies under the head “Income from Other Sources.” Such income is fully taxable in India, though relief can be claimed under Double Taxation Avoidance Agreements (DTAAs) for taxes paid abroad. Accurate reporting and documentation are essential to ensure compliance and avoid penalties. SKMC Global assists businesses and investors in efficiently managing foreign dividend taxation.
The Import of Goods at Concessional Rate of Duty (IGCR) scheme allows manufacturers and service providers to import goods at reduced customs duty for specified end-use purposes. It helps lower production costs, improve competitiveness, and enhance cash flow. To avail benefits, importers must register on ICEGATE, file a One-Time Declaration, and maintain proper utilization records. SKMC Global assists businesses with IGCR registration, documentation, compliance, and coordination.
Redeemable preference shares serve as a strategic financing instrument that enables companies to raise capital while retaining ownership control. They offer fixed dividends and are redeemable after a defined period, providing both stability to investors and flexibility to issuers. Proper structuring and compliance are essential to avoid regulatory risks. SKMC Global assists businesses through expert structuring, documentation, valuation, and end-to-end compliance management.
Income Tax Scrutiny Assessments involve a detailed review by tax authorities to verify the accuracy of income, deductions, and tax payments declared by taxpayers. They ensure compliance, detect evasion, and promote transparency in financial reporting. SKMC Global helps businesses efficiently manage scrutiny cases through expert documentation, response drafting, and representation before authorities. With professional support, companies can reduce risks, avoid penalties.
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