The ISI (Indian Standards Institute) symbol stands for authentication. It is the seal of approval deemed to be necessary for verifying the products that are sold in India. The ISI mark can be described as a sign which indicates the fact that the product has been thoroughly scrutinized and has been checked to be of high quality. And thus, this product is safe and reliable for selling in the public domain.
The products that have the mark on them are ones that comply with the quality standards set by ISI. When you get this ISI mark certification for your products, you get the approval of the concerned authority to sell the products in the market and in the process think on expanding your business reach. As per rules and regulations, no product in India can be sold without the ISI mark on it.
The main objectives of ISI are to set the standards for product standard quality, durability and safety for consumers and industrial goods. It verifies each and every product’s standard and quality and grants ISI certification mark for that.
The main aim of ISI registration for your products in Bangalore is to assure your customers that your product is of good quality, reliable enough and long-lasting to use.
Obtaining ISI mark certificate for industrial goods/products help build trust and relationships with consumers. If producers want to get ISI mark license for their products, they’ve to adopt the standard and quality control procedures for their products as prescribed by the Bureau.
This in turn also makes them a lot more confident when it comes to buying your product. This sign also assures the consumers that using the product would not harm their health in any way.
These following products are under compulsory certification; for which you have to get an ISI mark certificate in Bangalore or anywhere in India:
You get the following benefits when you obtain an ISI certificate for your products:
It increases the level of satisfaction that your clients have with your products.
However, customers can take legal action against products that have the ISI mark but are found to be of a low quality.
In case the customer feels that the product is of a low quality you – the seller of the product – have to exchange that product.
ISI mark helps the owners and manufacturers of the products to increase their business.
For the customers, this sign indicates that they are getting the best quality.
The following documents are needed in order to apply for ISI registration:
The process of registering for the ISI mark happens in certain definite steps.
In the first step, you have to select the right code for your product. You have to do this in accordance with the product quality as has been prescribed by ISI.
After that, you’ve to fill up the application form. This form is referred to as Form V. You have to provide all the necessary documents with the application form. Over here you also need to pay the fees for the inspection of your manufacturing premises and the certification.
Following this, the authorities will visit your premises. This happens only after you have been successful with the application procedure that involves submitting relevant documents related to your own business. The Indian government authorizes the people who make up the inspection team. They would come and look at your quality control processes as well as the factory premise. They would also take some samples of your product for purposes of testing in a lab that has been approved by BIS (Bureau of Indian Standards).
After this, you would have to collect the test report of the sample. You need to submit that report to BIS.
BIS would verify the testing report and your application form properly and then issue the registration certificate.
Usually, for manufacturers based in India, it takes between 30 and 90 days to get the registration. This period is applicable following the date when you submitted the application form. If you are a foreign manufacturer it could take you between 90 and 120 days from the day you submitted the application.
BusinessWindo can provide you invaluable help with such applications. As one of the experienced companies helping businesses all throughout, we have a great track record and vast knowledge of the industry as well. We have helped plenty of businesses like you and you can be sure that our experts would be able to help you as well.
Business firms go through a lot of ups and downs while dealing with volatile market conditions and other technical and strategic challenges within the enterprise. Experiencing uniform growth at all times is not practically possible and for this reason a company should have some workable methods in place that can help them to achieve steady success during the uncertain times.
With the global outbreak of COVID-19 pandemic, it has become even more important than ever before for companies to work on their strategies to cope up with difficult times. So that they can deal with market competition, make profits and support their working employees.
Here are seven actionable tips you can adopt in your business process when you are looking to achieve success with your business even with turbulent market conditions.
Your customers are the lifeline of your business and hence you should always focus on providing them with the best experience with your brand. However, difficult times need advanced remedial measures and you should rethink your customer experience when you want to obtain optimum returns from them. It is very important that you develop a strong sense of trust on your brand among your consumers so that they are always invested in what you have to offer.
Whether it is getting the customers excited about a specific product, encouraging them to make the purchase and then sharing their thoughts on social media, you should guide them smartly to ensure a positive experience. You should also make use of innovative tools and strategies to perform market research and learn about your target customers. This data can enable you to boost your sales figures. You can also benefit from greater conversion rates in this way. Strategic maneuvering of customer experience can guarantee you their loyalty which is even more important than a single sale.
Digital transformation is the way to go when you are looking to improve the operational efficiency of your business on multiple levels. When you replace your old methods of managing company information, sales records and other details, you can improve the efficiency of your business and also make better use of your financial resources.
Digital tools and software systems can enable you to coordinate with your employees in a better way and also maintain accuracy at each and every step. Tasks like handling of projects, doing market research, keeping track of customer information, managing sales records, tracking inventories and planning of resources becomes much simpler when you embrace the digital way.
Your workforce needs to have the strength and flexibility. Aligning your organization with agile workforce delivers better performance under critical conditions. It is important that you have training modules in place to educate your working employees to move quickly and easily when they need to upgrade themselves and learn about latest technological tools and software applications.
Apart from providing them with instructions on advanced technology like cloud computing, IoT, SaaS, machine learning, data science and artificial intelligence, you should also teach your workforce to have a flexible approach in their work so that they can adapt to change quickly.
Change and evolution is a constant thing in the business world and unless they are always prepared to adapt efficiently, it will be difficult for them to improve their professional expertise and help your company to grow and prosper. You should also motivate them with employee rewards programs so that they feel encouraged to improve their performance.
Customer service key plays a critical role in handling customer queries, doubts, concerns and worries. In today’s world where a lot of business activities are managed online and customers hardly interact with a human face, it is important for them to have someone whom they can reach out when they want to get their issues sorted out.
It is vitally important that you have a well trained and skilled customer service team that can offer complete support to your customers any time they choose to get in touch with you. A lot depends on your customer support when you are looking to retain your old customers and get new ones. Whether you decide to have an external team of customer service and hire a company to take care of that or have an inside team, getting the best customer support team is vital to your long term success.
Product or service diversification is one of the key strategies that you will need to work on when you are looking to survive the business competition, especially in troubled times. Yes, it does involve a considerable degree of risk. However, unless you diversify you won’t be able to appeal to a wider segment of consumers. Moreover, the scope of your brand is going to be seriously limited when you have only a few types of products to offer. The same also goes for the services that your brand has to provide.
Lack of communication or faulty communication can further complicate an already problematic situation. A clear and concise communication is essential in customer service to build good relationships of business. It is therefore very important that you have all of your team members on board; so that they are fully updated on any company strategy or move. This can help them to contribute in their own ways, so that your company can deal with pressure situations in a better way. It can also make it possible for them to avoid errors of judgment.
When things are tough, you should double down innovation and wait for better times to experiment with new ideas. This is because development and innovation requires taking chances. While they always involve some risk, things become even riskier when you have to deal with a critical market condition or a situation where things are already rough. It is necessary that you have maximum resources at hand so that you can deal with any crisis smartly.
These are the most of the key working methods greatly effective for businesses in crisis. You can implement these techniques when you are looking to achieve success with your business even during uncertain times.
The process of company closure is also referred to as PVT Ltd company closure or strike off. In India, such work is done as per the rules of the Companies (Removal of Names of Companies) Rules, 2016. It is administered by Section 248 of the Companies Act, 2013. So, if you want to close private limited company in Bangalore, this is what you have to follow. Experts would advise you that if you are not running your company you should simply close it off.
The process of closing a private limited company has to be done by filing with the Form STK 2.
Previously, Form FTE was being used for the purpose of company closure. But nowadays, you would have to apply it through STK Form. You also need to pay a government fee for the purpose. At present this fee is 10000 rupees. However, it can always change in the future. This is why it would be better if you could check out the latest figure in that regard.
First of all, you have to pay off all your liabilities that you have in your business.
Once you have paid off your dues, you would have to get a No Objection Certificate (NOC) from them. However, if you are yet to start your business or operations as such this clause would not be applicable for you.
In the second step, you would need 75 per cent consent. This is one of the new requirements that have come up in this regard. This means that in order to wind up your company, you would need the consent of 75 per cent of the members and shareholders of your company. Furthermore, one director has to come forward and take all the responsibility for the closure of the company.
Once you have gotten the consent, you would have to prepare the application. You would have to file it with ROC (Registrar of Companies). During filing the application, there are some necessary documents have to be submitted along with it, that are mentioned in below.
Business owners can apply for closing of a company while these issues take place:
You (legal directors) can apply for closure if you have not started doing business within a year of incorporating the company.
In case, if you have not done any business in the past couple of financial years and have also not asked for the status of a dormant company as per Section 455 of the Act, you can apply for closure as well.
There are two types of documents that are needed in this case – mandatory and optional. The mandatory documents may be enumerated as below:
The optional documents are PAN (Permanent Account Number) card of the company as well as certificates of closing the bank account. The companies that offer such services normally need you to provide them in scanned formats.
There are three kinds of winding up of a company –
In mandatory, winding up a company would have to file a petition for closure.
This can also be done by the following:
All the documents that you supply with the petition would have to be audited by a chartered accountant, who is practicing presently. The auditor would have to provide an unqualified financial statement.
You would have to advertise the petition for two consecutive weeks. The advertisement needs to be in the regional language of the area where you are doing the business as well as in English. You would have to submit Form 11 in this case. You need to submit some important documents in this case such as fully audited books of your accounts. This has to be done till the date when you are making the application.
If you are looking for voluntary winding up, you would have to pass a board resolution in accordance with the Companies Act 2013. You need to make sure that most directors of your company have agreed to the winding up.
In these cases, you also need a special resolution where 75 per cent of the shareholders have to vote in favour of closing the company. You also need the trade creditors to approve this act of winding up the company.
If your company is defunct or dormant, you would have to follow an advanced process. Here you would have to submit the STK-2 form. This particular form has to be filled up by ROC. The director of the company would also have to approve of the same. However, she or he has to be supported by the board so that she or he can perform such an action.
There are many companies in Bangalore that can help you in this regard. But BusinessWindo is something different from them. We can audit, draft your documents and get your signature as well. This takes around a week to be completed. After this, we would proceed for the closure. After that we would file for closing the company. The ROC would approve of the same and send a notice to you as well. This would take around 3 months to be accomplished.
In the final stages, the company name would be struck off from the records once there is no objection in a 6 to 8-month period after you have received the ROC notice.
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As per the Drugs and Cosmetics Act, 1940; if you wish to manufacture or sale Ayurvedic, cosmetic, and allopathic drugs or products you would need a manufacturing or sales license. It is the State Licensing Authority that issues the various licenses in this regard and monitors them as well.
To get drug license in Bangalore for retail or wholesale, the applicant/ entity has to apply with the specific authority along with proper documentation and process ensure to obtain the license certificate.
The most prominent ones among these are Drugs Sales License and Drugs Manufacturing License for Ayurvedic, Allopathic and Cosmetics. These offices also perform a number of other functions such as inspecting the sales premises and the drug manufacturing units on a regular basis. They also implement the Food & Drug Act in order to make sure that there is no malpractice in this regard.
It obviously goes without saying that the biggest part of this work has to be done by these offices which issue the manufacturers’ licenses as per the provisions of the Drugs Act.
Karnataka State Licensing Authority that also issues the manufacturing licenses for the following entities:
However, in these cases the approval of the Central Licensing Authority is necessary as well. In this case we are referring to the Drugs Controller General India, whose headquartered is situated at New Delhi.
In such cases the Central Drugs Standard Control Organization and the State Drug Control carry out joint inspection of the premises where the manufacturing work will be done.
The Drug and Cosmetic Act makes it mandatory for you to receive a number of licenses so that you are able to manufacture Ayurvedic, Allopathic and Cosmetic products in India. They tend to vary.
However, a brief idea in this case can be had as well. License on Form 32 is issued for manufacturing, selling, and distributing cosmetic products. For this you would have to sign Form 31. When you get License on Form 32A you can take loans for making, selling, and distributing cosmetic products.
If you wish to start a lab where the manufacturers of cosmetics and drugs can get their raw materials and final products tested before selling and distributing them you would need the License on Form 37.
For this you would have to fill up and submit Form 36. In fact, this same process needs to be followed in order to renew this approval.
As you would know already, you would receive your drug manufacturing license from the state licensing authority. As a maker you would need to make sure your production is being overseen and done by technical staff members who are qualified to do such work in the first place. It is very important that at least one of your technical staff members has the following qualifications:
If you want a cosmetic license that allows you to make and sell such products in India you would need to produce the following documents:
Here’s the steps need to be followed to get the drug license:
In order to get the approval of drug license from the regulatory bodies it is rather important to follow what constitutes good manufacturing processes. Depending on the kind of products that you wish to manufacture or sale – such as drugs, cosmetics, and herbal products – you would have to file a separate application form with the issuing authority. You also need to file the application in its prescribed format.
After this a Senior Inspector, under instructions from the State Licensing Authority, would visit your business premises and submit a report on the basis of what she or he has seen.
After this the report would be received by the higher authorities and they would scrutinize the same. It is on the basis of this scrutiny that your application would either be accepted or rejected.
If your application is accepted, then you’ll get a license certificate. Else you’ve to neatly follow the mentioned rules and regulations of drug license process advised by the authorities.
Once you get the drug license, you can apply for more items to be endorsed in your license. A similar process would be followed in that case as well. If you wish to get approval as a testing laboratory where the manufacturers would carry out their analyses and tests you would be subjected to a joint inspection by drug inspectors from both the state and the central bodies.
As may be expected in a process that is as detailed as these you would have to fill up a number of forms and submit them in order to get the license.
These days, you can find there are number of companies in such regards, but BusinessWindo is different from them. We have people who are skilled and trained in doing such work in the first place. And our professionals are also highly experienced in this regard – today we have been here as we’ve done that a number of occasions and you can be sure that we would be able to help you fulfill your dream of obtaining drug license in India as well.
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GST (Goods and Services Tax) refund can be defined as the excess money that you have paid with respect to your tax liabilities in this regard. As per GST rules and regulations this process has been standardized so as to avoid any confusion in this particular regard. The process can be completed online and there is also a definite time period that has been determined for the same. If you want to know how I can get my GST refund read on and know more.
Who can claim GST refund?
All dealers who have registered for GST can claim refunds in this case. A registered dealer who is supposed to pay the tax as per RCM (Reverse Change Mechanism) can file for the refund as well.
Similarly, an ecommerce operator who is supposed to pay and collect TCS (Tax Collected at Source) can claim a refund. Dealers who deduct TDS (Taxes Deducted at Source) can be included in this group too. Dealers who export or whose work is deemed an export under GST rules can claim refund or rebate for their goods and services.
Embassies and bodies under the aegis of UN (United Nations) can claim refund for the tax they have paid on various purchases. International tourists can claim tax refund as well. If you wish to know how to claim GST refund in Bangalore these are things that you need to know.
When can the refund be claimed?
There are several cases where you can claim a refund on your GST payment. Normally, you can do so when you have made excess payment of tax because of an omission or mistake.
If you have accumulated ITC (Input Tax Credit) being the output is either nil rated or exempted from taxation. You can also claim these refunds once your provisional assessment has been finalized. If you wish to apply GST refund in Bangalore you need to know this as well.
What is the time limit for claiming the tax refund?
You can claim a GST refund within 2 years of having made the payment starting from a relevant date.
You need to remember that the relevant date in this regard tends to differ with respect to the cause for which the refund is being claimed. Following are the relevant dates for some kinds of cases:
In case there is a delay in paying your refund you would receive an interest of 24 per cent per year on the same.
Documents needed to get GST refund
The following documents need to be furnished in order to claim GST refunds:
In case of exports:
In case of supply to SEZ (Special Economic Zone):
In case of accumulated ITC:
In case of refund on account of judgment or order of a court or an appellate authority:
How to claim GST refund?
As you know, you need to do it on online portal of GST and file the refund application in the form RFD-01 within 2 years of the date that is deemed relevant in your case. The form also needs to be certified by a CA (Chartered Accountant).
The process of claiming GST refund
Here are the steps you need to follow on for GST refund application process:
In the first step you would need to log on to the GST portal. After that you would have to follow this path – Services > Refund > Application for Refund. After this you would have to choose Refund of Excess Balance in Electronic Cash Ledger. After this you have to click on Create. Once you have clicked that button a screen will appear.
This screen will reflect all the balances in the Electronic Cash Ledger. You can claim them as refund. There is an editable table here named Refund Claimed. You can enter the refund values over here as well.
After this you would have to select the bank account where you would want the refund to be credited. This needs to be done from a drop down menu. Once this is done you need to click on Save. After this you would have to click on the checkbox that is located in the declaration section. A drop down would come and from there you would have to choose the Authorized Signatory.
On the basis of the kind of organization that you are, you would need to click on Submit with DSC or Submit with EVC. DSC stands for Digital Signature Certificate and EVC stands for Electronic Verification Code. Once you have filed the form you would receive the Refund ARN (Application Reference Number) Receipt. This would be generated in the PDF (Portable Document Format) format. A GST officer would perform the necessary inspections and the money would be credited to your account.
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There are some specific reasons as to why you can cancel the registration granted to you under GST (goods and services tax). The GST cancellation process in India can be started either by the department or by you.
In case of the department they can do so out of their own motion.
In case you – the registered person – have passed away your heirs can apply for cancellation.
If the department has cancelled your registration there is a provision that allows the cancellation to be revoked.
When you have cancelled your registration you would have to file a return. This is referred to as the final return.
So before going to cancel the registration, the taxpayer or the business owners should know the factors, understand the process and clear about the conclusion part, and then can proceed for this. To make the completed the work, hire GST consultant so they can direct you the right way and solve the problem.
There is many reason to cancel GST registration. They may be enumerated as below:
If you cancel your GST registration you would not be needed to pay the tax anymore. In case of some businesses it is obligatory to register under GST. However, even if you cancel your registration and continue with that business it would be regarded as offence as per the rules and regulations of GST.
As a result you would have to pay some heavy fines for sure.
You as the registered tax payer can request for the GST registration to be cancelled. There are various causes for which this can be done as has been stated above.
You can also do this in case your yearly turnover is less than the prescribed limit. It can also be done by the tax officer on some grounds. In case business registered person has got dead, his/her heirs can request for the same to be cancelled as well.
See the following process has to be required to get done the cancellation:
In order to cancel the registration you need to know how to cancel GST registration. If you are already registered under existing tax laws such as central excise, service tax, and VAT (value added tax) but are not liable to be registered under GST you have to first submit an application.
This has to be done electronically within a certain date by way of the Form GST REG-29 at the official portal for cancellation. The registration would be cancelled by the Superintendent of Central Tax after conducting the required enquiry.
If you have registered under SGST (state goods and services tax) or UTGST (union territory goods and services tax) your cancellation would be done as per the process mentioned in the CGST.
If the superintendent feels that your registration should be cancelled you would be notified of the same by way of the Form GST REG-17.
You would be asked to show cause as to why your registration should be cancelled. This needs to be done within a period of 7 days starting from the date the notice was issued. If your answer is found to be a satisfactory one the officer would drop the motion and pass the order in the shape of the Form GST REG-20.
However, if your answer is not a satisfactory, one officer would reject the cancel of registration at a date that she or he deems to be fit. In this case you would be asked to clear all unpaid taxes, penalty, and interest within the due date.
In case you have applied for cancellation of registration by yourself and are indeed found to be not liable to be registered under the tax or fit enough for cancellation of registration the officer in question would issue an order. This would be done by way of the Form GST REG-19.
This would be done within a period of 30 days of you making the application. In this case you would have to pay a certain amount.
The payment would have to be made by way of electronic cash ledger or electronic credit ledger. The amount would be decided on the basis of the credit of input tax or output tax for any of the following:
The most valuable among these would be taken into consideration. The time period in this case is the date immediately before the cancellation.
In case you are paying on the basis of capital goods and plant & machinery you would have to pay an amount that is equal to the input tax credit that you have availed on the same. However, reductions are also applicable in these cases. This would be done on the basis of percentage points that have been prescribed. The other amount that comes into consideration in this regard is the tax that is to be imposed on the transaction value of these items – this would be done in accordance with Section 15. The higher amount in this case would be taken into consideration.
Even if you have cancelled the registration you are still liable to pay the taxes and other dues that you are yet to pay from the time when your registration was active. In this case the dues could be determined after cancellation as well.
When your registration has been cancelled you would have to submit the final return. This needs to be done within 3 months from either date when the order of cancellation was issued or when the actual cancellation happened. The later date would be applicable in this case.
You would need to do this electronically by way of the Form GSTR-10. This can be done on the official portal or by way of a facilitation centre that the commissioner has notified you about. The only exceptions to this norm are an Input Service Distributor, a non resident taxable person, and a person who is paying tax as per the Composition Scheme or TDS (tax deducted at source) or TCS (tax collected at source).
It could be that your registration has been cancelled by the superintendent on her or his own and not because of an application made by you. In that case you can make an application for the cancellation to be revoked. This can be done in the shape of the Form GST REG-21. In this case you need to make the application to the deputy or assistant commissioners of central tax. This needs to be done within a period of 30 days from the date that the order of registration cancellation was served. There are two ways to do it.
It could be that your registration has been cancelled because you did not provide the necessary number of tax returns. In that case you would have to provide the pending returns first and then file for revocation of cancellation. You also need to pay your unpaid taxes, penalties, interests, and fines – if any – in that particular regard. In case the officers find that your application is justifiable enough and that there are enough grounds for your cancellation to be revoked they would do so.
This would be done by way of the Form GST REG-22. It would be issued within a period of 30 days of having received your application and you would be informed of the same as well. However, if they find your application to be unsatisfactory you would be issued a notice whereby you would be asked to show causes as to why your application should not be rejected. This would be done by way of the Form GST REG-23. You would need to provide the reply within 7 working days in the shape of the Form GST REG-24.
In case your clarification information is good enough the officer would follow the process as in Form 22. However, if it’s not then your application would be rejected and the Form GST REG-05 would be issued. You would be informed of the same. The process for revocation is the same across all categories of GST.
If you want cancellation of GST registration in Bangalore; you need to get the expert help & support to cancel registration for sure of effective on time. For this case, it is better to get expert and professional help in these matters because they can get the job done much better than what you may have managed by yourself for sure. So, we can fix your all issues related to GST matter timely.
Private Security Agency Regulation Act (PSARA) License
We want to clear you the things. Before going to start a private security agency in Bangalore or any other cities in India; the owner should have to choose a business type and register this with the concerned Registrar department.
After this, you can proceed for PSARA license and other essential registrations (such as shop & establishment, MSME, employee provident fund, ESI, professional tax, GST, etc.) regarding this matter.
See what are the significant things required for a private security agency to make the organization trustworthy and more cohesive during its journey.
So, here you can know more about PSARA license
The term PSARA stands for Private Security Agency Regulation Act. It is something that you need before you start a private security business here in India. A private security agency is one that is supposed to provide private security guards and various other related services to establishments that hire their services.
They are supposed to act as alternates to the local police. It is the Private Security Agencies Regulation Act, 2005 – also known commonly as PSARA Rule 2005 – that takes care of the working of private security agencies here in India. After the PSARA Act was enacted it has now become obligatory for all such businesses to get a license from the concerned state level controlling authority for such work.
One of the biggest benefits of the PSARA License for Private Security Agency is that your business gets the credibility that it needs in order to succeed in a market that is as competitive as India. As such, security happens to be a rather serious issue and one can only trust service providers who have the necessary approval from the government to do such work.
Thus, when you get such a license it increases the levels of your business credibility at each and every step of the way. Apart from that you are also able to function smoothly when you have the license as well. This is because once you get such a license you can rest assured till the time you have to renew it.
The 5 most important benefits of PSARA license certificate:
At a very basic level, any Indian company can apply to get PSARA license in Bangalore Karnataka or anywhere else in India for that matter. The same is also applicable for firms as well as association of persons. If the applicant happens to be a company the majority shareholder has to be an Indian. Apart from these there are also some other conditions which have to be satisfied. The applicant company or person should not have been convicted of any offence with regards to promoting, managing, or forming the company.
In general, the applicant person or company should not have been convicted of an offence where the prescribed punishment is imprisonment for a minimum of 2 years. The company or person in question should also not have any links to any association or organization that may have been banned under any law in India because of activities that posed any threat to the public order or national security of India. If the applicant is an individual she or he should not have been expelled or dismissed from government service on accounts of moral turpitude or misconduct as such.
The following documents are needed in order to get the PSARA license:
For getting registration certificate of private security agency under PSARA Rules, 2005 and 2008; the parties have to meet the eligible criteria, documents and follow these essential procedural steps.
Step 1: Preparation of Documentation on PSARA license
Step 2: Filing PSARA application in Department on Behalf of You
Step 3: Go Through Follow Up With State PSARA Department
Step 4: Application Goes for Verification to Controlling Authorities
Step 5: Getting NOC from Concerned Police Authorities
Step 6: Signing MOU with State Training Institute
Step 7: Getting Grant of License
The first step that you need to take when you’re applying for the PSARA license is to check the entire document that you are submitting with your application. You need to gather them, notarize them, and submit them in the prescribed format as well.
In the next step you need to sign an MOU with a training institute. This needs to be done for your guards as well as supervisors. You also need to keep in mind that the training institute should be a recognized one. In every state you would get security training institutes that have the necessary recognition that allows them to impart such training in the first place.
In the third stage you would have to go for antecedents verification. In this case you would have to file the necessary details in Form-1. In case the applicant is a firm, an association of persons or a company each proprietor would have to file a separate verification form.
This is also applicable for the majority shareholders, directors, or partners with regards to the type of company. After this you would have to file your application with the necessary documents at the controlling authority in your state. After this the application would be processed for the purpose of verification. Once the concerned police authorities have provided the NOC (no objection certificate) the controlling authority would either grant the license or reject the application. In case of rejection a definite reason would be provided as well.
It takes a total of 60 days for the process to be completed and it starts from the date that you applied for the license. You can apply to work at 5 districts in a state at the most at a time. However, you need to keep in mind that the application process is different with respect to each state. There are also certain conditions that have to be fulfilled in this particular regard. As per rules and regulations of PSARA you would have to employ supervisors in order to monitor how well the security guards are working.
You also need to provide the skills and training that the supervisors need in order to do their work the right way. You should ideally prefer people who have served for at least 3 years in the armed forces of India for the work of supervisors. The Act also mentions the criteria for disqualification and qualification of the security guards. You need to adhere to them as well.
The PSARA license is valid initially for a period of 5 years. However, you can always renew the same for a period of 5 years by paying the necessary fees.
If you a private security agency that is operating in just one district you would have to pay a fee of INR 5000. In case you are operating in between 2 and 5 districts you would have to pay INR 10,000. In case you are working in an entire state you would have to pay INR 25,000.
MCA has introduced a new e-form INC 22A to update the KYC details for all types of companies registered with MCA. All particulars including company registered office has to be file in this form to mark as active status ok and it is mandatory for all entities.
The Ministry of Corporate Affairs has notified the Companies (Incorporation) Amendment Rule, 2019; under which all the companies who have registered/ incorporated on or before 31st December 2017; are required to file e-FORM ACTIVE (Active Company Tagging Identities and Verification) in INC-22A Form on or before 15th June 2019; but earlier it was 25th April 2019. Please, don't be confuse.
The purpose of e-Form ACTIVE is to update the details of the company so that it would not be treating as inactive.
The company incorporated before December 31, 2017; are needed to file eForm INC-22A on or before June 15, 2019. The government has extended the deadline of E-Form Active to 15th June 2019. So that the companies can get time to comply with their provision.
If you are failure to file e-Form ACTIVE in time and doing it same later, you’ve to pay a penalty of Rs. 10,000 as late filing.
And if you’re not filing/ complying this form, the company will be marked as “ACTIVE Non-Compliant” in MCA Master Data.
After declaring the company as ACTIVE Non-Compliant, it couldn’t be able to manage/ operate these following key things:
The companies who’ve not filed/ update the following things are restricted from filing of e-Form ACTIVE. For this, the company has to file the details with Registrar first, then they can move for filing of INC-22A.
According to the notification of MCA, these companies are not required to file the ACTIVE Form:
Photographs of registered office showing the external building and inside office with presenting at least one director therein
Look at the info image of FORM NO. INC-22A, you'll get a clear-cut idea about what it is. And will have to fill the mandatory fields as well as optional to make your company as ACTIVE.
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A trade license can be called a document or certificate that would provide permission to you – the applicant – to start a particular business or trade at a location of his choice. However, you should also keep in mind that you do not have the right to do any business other than what is specified in the license.
Apart from this, you also need to know that you do not get any right of ownership as such by holding this license. This means that if you wish to do a particular business in Bangalore or any other part of Karnataka for that matter you would need a Karnataka trade license.
You need to know that you must need this license before you start operations as such. Ideally you should apply at least 3 months before you intend to start your business.
Trade license such as the BBMP trade license (BBMP stands for Bruhat Bengaluru Mahanagara Palike) have been issued in India for the last 40 years. In each state of India this is controlled by municipal corporation acts that have been passed by the respective state governments over there.
This makes sure that no one would be affected by any nuisance as such. At the same time it rules out any health hazard happening as a result of the business as such. This is also a way of making sure that there are no immoral business practices being followed at any location as such.
This license creates a sense of harmony from an overall social perspective. It makes sure that all the businesses are following the rules and guidelines that they need to follow for the kind of industry that they are in. It makes sure that they are adhering to all the safety measures that they have to take for their line of work.
As has been stated before, if you want to do a particular business in a particular area of the state you would need a trade license. Means the owner of the business must need this license certificate to run well its trade on certain places. And for this, you need to know how to get new trade license in Bangalore.
There is some eligibility criteria must have required for an owner to get this license. In these cases you need to be aware of the following things such as –
There are three kinds of trade licenses – (a) industries license, (b) shop license, and (c) food establishment license.
Small, medium, and large scale manufacturing factories need to apply for the industries license.
The following entities need to apply for a shop license:
The following organizations need to apply for a food establishment license:
This license is compulsory for all type of manufacturer industries in Bangalore those who are doing their business in this state of Karnataka. Because the neighbors living near to the industry should not be affected by the activities and it should maintain the peaceful & natural environment for neighborhood, is the main objectives of Municipal Corporation. And the enterprises should have to follow and act upon the rules and regulations.
These licenses are issued by licensing departments of the municipal corporation of the area where you want to do the business. There are different departments for this such as industries, health, and engineering, to name a few.
These licenses are authorized by the government of India in such a way it can be regulated on a city wide basis throughout the country. The permissions in these cases are granted through media such as documents, certificates, and letters.
In Karnataka, the trade license consultants in Bangalore could help you to explain the facts and able to get/obtain the certificate for your business.
The following documents are needed in order to apply for a trade license in Bangalore:
These 6 simple steps are taken to get a trade license in India:
These days, thanks to the likes of professional consultants it has become easier to perform trade license registration in Bengaluru. These companies would do all the work on your behalf. It would start with filling up their online application form that is rather simple to fill up. You also need to submit certain documents along with.
After this comes the process of registering for the trade license. Here you would be required to provide all the information that you need in order to get the work done.
It normally takes around 12 working days to complete this part. After this your service provider would create all the documents that are necessary in this case along with the applications. It would then file them on your behalf. It takes around 2 days to complete this part of the work. After that your license would be sent to you through a courier. At this stage, you would be best served by maintaining 2 to 3 copies of the same.
In India trade licenses are valid for a period of one year. This means that you would have to renew them each year. As per the source, from April 1, 2019; BBMP shall issue trade licenses with 5 years of validity.
To know or check the status of application for trade license in Bangalore, you’ve to visit BBMP online portal and make query on there.
See here the steps:
Statistics say that in India trade licenses are renewed each year between 1st January and 31st March. You have to apply to renew the license from within a period of 30 days from the date when the license is supposed to expire.
If you delay in this process of renewal, you may have to pay fines. However, it all depends on the rules and regulations of the authority that has issued the license in the first place.
In these cases you need to submit documents such as the original copy of your trade license, the challans of the earlier year, and updated receipt of the property tax paid by you.
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