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Nikhil@nikhil16068mbar3
36 Bookmarks
GST on Advance Payments
Business1 days ago
Source: GST on Advance Payments
GST on Advance Payments refers to the tax liability that arises when a business receives payment before supplying goods or services. Under GST law, tax is payable on advances received for services, but not typically for goods, unless specifically notified. When an advance is received, the supplier must issue a receipt voucher and pay GST at the applicable rate.
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WPC ETA Certification
Business2 days ago
Source: WPC ETA Certification
WPC ETA stands for Wireless Planning and Coordination Equipment Type Approval. It is a mandatory certification for importing or selling products in India that operate on unlicensed radio frequency bands, such as Bluetooth devices, Wi-Fi routers, wireless keyboards, RFID systems, and drones. The WPC ETA certificate confirms that the device complies with the frequency bands approved by the Indian government.
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CDSCO Registration under The Drugs & Cosmetics Act 1940
Business2 days ago
Source: CDSCO Registration under The Drugs & Cosmetics Act 1940
India’s healthcare and pharma sectors are among the fastest-growing globally, with a strong focus on the safety, quality, and efficacy of drugs and medical devices. CDSCO registration, governed by the Drugs & Cosmetics Act, 1940, plays a vital role in this. CDSCO (Central Drugs Standard Control Organization), under the Ministry of Health & Family Welfare, is the national regulatory authority for drugs and medical devices in India.
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CDSCO Registration in India
Health3 days ago
Source: CDSCO Registration in India
CDSCO registration is not a simple process, but yes, it would be simple if proper knowledge is gained in CDSCO documents and guidelines and one goes by a systematic process. We are an Indian manufacturer or foreign manufacturer with ambitions in the Indian market, the correct CDSCO license or CDSCO import license is the beginning to abide by the law and a lucrative business in the long run.
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India’s Manufacturing Advantage: A Strategic Opportunity for Global Investors
Finance3 days ago
Source: India’s Manufacturing Advantage: A Strategic Opportunity for Global Investors
India is rapidly positioning itself as a global manufacturing hub, attracting foreign investors seeking long-term growth, efficient operations, and broad market access. While China has long dominated the sector, shifting dynamics now place India in the spotlight. Backed by robust government initiatives like Make in India, PLI schemes, and business-friendly reforms, the country is transforming from a low-cost outsourcing base to a value-driven industrial powerhouse.
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Why AERB Registration Is a required for X-Ray Equipment in India ?
Finance4 days ago
Source: Why AERB Registration Is a required for X-Ray Equipment in India ?
The Atomic Energy Regulatory Board (AERB) ensures that ionizing radiation is used safely and responsibly. Whether you're a diagnostic center, hospital, dental clinic, or veterinary facility, obtaining an AERB Certificate is crucial for: 1 Ensuring radiation protection for patients, operators, and the public 2 Complying with Atomic Energy Act, 1962 3 Avoiding penalties, legal notices, or closure 4 Ensuring your X-ray equipment meets safety and quality standards
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ROC Compliance Requirements for Unlisted Companies in India
Finance5 days ago
Source: ROC Compliance Requirements for Unlisted Companies in India
In India, running a company means not just innovating or earning profits, but also ensuring compliance with legal requirements. Whether it's a Private Limited, Unlisted Public, OPC, or Section 8 Company, all must follow annual obligations under the Companies Act, 2013—commonly called ROC Compliance. This involves filing forms and disclosures with the Registrar of Companies (ROC), a wing of the Ministry of Corporate Affairs. Non-compliance can lead to penalties, loss of credibility.
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Loans to Company Directors: A Legal and Ethical Framework
Finance6 days ago
Source: Loans to Company Directors: A Legal and Ethical Framework
In the business world, loans to directors are a sensitive issue governed by strict legal scrutiny. Section 185 of the Companies Act, 2013, regulates such transactions, ensuring companies don't misuse funds or enable conflicts of interest. Any loan, guarantee, or security offered to directors or their related entities is closely monitored to prevent abuse of power. While the law initially imposed a complete prohibition, later amendments introduced exceptions—especially for private companies.
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A Guide to Compensation to Director in Indian Corporates
Finance7 days ago
Source: A Guide to Compensation to Director in Indian Corporates
Director compensation in Indian corporates is governed by the Companies Act, 2013. It includes salary, commission, sitting fees, stock options, and other perks. For executive directors like MDs or CEOs, remuneration must align with limits under Schedule V unless approved by shareholders. Independent and non-executive directors usually receive sitting fees and profit-based commission. Public companies must disclose director pay in board reports.
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Everything About WPC Certificate: A Complete Guide for Importers and Wireless Device Manufacturers
Business8 days ago
Source: Everything About WPC Certificate: A Complete Guide for Importers and Wireless Device Manufacturers
If you're importing or selling wireless devices in India, securing a WPC certificate is essential. The WPC full form is Wireless Planning and Coordination, which regulates spectrum use under the DoT. Devices like routers, Bluetooth speakers, and smart wearables require a WPC certificate for import. Customs check the WPC certificate in clearance to ensure compliance. For de-licensed bands, an ETA certificate for wireless (aka WPC ETA certificate) is issued.
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