Company Registration Process (2018 Version)

Company Registration Process (2018 Version) The Ministry of Corporate Affairs has taken another giant step towards making it easier to incorporate a Company and LLP in India by rolling out various process changes on the eve of the 69th Republic…

Types of Foreign Investment in India

Types of Foreign Investment in India Any investment that is made in India with the source of funding that is from outside of India is a foreign investment. By this definition, the investments that are made by Foreign Corporates, Foreign…

Online GST Registration Guide

Online GST Registration Guide All persons who are required to collect GST or a person required to collect Tax at Source or a person providing online information and data base access or retrieval services (OIDAR Service) from a place outside India to…

Foreign Company Compliance in India

Foreign Company Compliance in India Foreign companies registered in India are required to maintain various additional compliances under the Companies Act, 2013. In this article, we look at some of the unique compliance requirements for a foreign company registered in…

Statement of Origin

Statement of Origin Statement of Origin is statement provided by a registered exporter verifying the origin criteria for exports under the European Union (EU) Generalised System of Preferences (GSP). Statement of Origin shall be made out on a Commercial document such…

Certificate of Origin

Certificate of Origin Certificate of Origin is an instrument which establishes evidence o­n origin of goods imported into any country. These certificates are essential for exporters to prove where their goods come from and therefore stake their claim to whatever…

MCA Processing Time for Various Requests

MCA Processing Time for Various Requests The Ministry of Corporate Affairs (MCA) has published various timelines for processing of different types of applications pending with the MCA. In this article, we provide the respective work flow and the time prescribed. Availability…

SPICe – One Day Company Registration

SPICe - One Day Company Registration Ministry of Corporate Affairs (MCA) has recently introduced new version of SPICe (one day - one step) Company Registration. SPICe, which stands for Simplified Per forma for Incorporating Company electronically. The new SPICe form takes advantage…

Guide to Excise Duty in India

Excise Duty The primary and fundamental meaning of "excise duty" or Duty of excise is tax on articles produced or manufactured in the taxing country and intended for home consumption (i.e. consumption within the same country). It is an indirect…

Types of Customs Duty

Types of Customs Duty Basic Customs Duty Basic custom duty is the duty imposed on the value of the goods at a specific rate. The duty is fixed at a specified rate of ad-valorem basis. This duty has been imposed from…