Pankaj Tyagi

The export of agricultural products is done under the ambit of the Agricultural & Processed Food Products Export Development Authority known as APEDA. It is a government-driven entity that came into existence in 1985. Its primary objective of APEDA is to facilitate information, standards, and financial assistance to the exporters of the scheduled product. Such […]

When an organization buys out goods on credit which requires to be paid back in a specific period of time is recognized as Account payable Service. Account payable is treated as liabilities and it used to be mentioned under the current liabilities of the balance sheet. In short, the account payable is a debt payment […]

Wholesale Drug License for the sale of drugs/medicine under Drugs and Cosmetics Rules in Form 20B & 21B is issued to the manufacturer or any other eligible candidates who wish to sell, stock, or sale drugs by the State Local Authority in India. Wholesaler is being referred to entity that buys out commodities in bulk […]

On 25th June 2020, the Government of India in association with the Directorate General of Foreign Trade announced that a web-based form for the IEC module made on or before 13th of July 2020 would seek DSC/e-sign from the applicant. This announcement was made in view of government initiative viz ease of doing business and […]

Creating a sustainable business in a competitive environment can leave anyone in a state of uncertainty. While India is gearing up to surpass its opponents in terms of export, it opens endless opportunities for many newcomers to get into international trading. Owing to the augmentation of technology and existing facilities, demands for Indian commodities in […]

India is a well-renowned country in the world when it comes to rice cultivation. India’s rice exports in the month of January to October stood at 43% as compared to the preceding year’s stats. During the aforesaid timeline, the country has managed to export 11.95 million tons of rice to overseas countries. This figure is higher […]

In this blog we would provide in-depth information on the legal aspect that needs to follow for modifying the activities of private limited company. Unlike LLP and partnership firms, the publicly or privately held organization has to remain on alert while making changes to their existing business activities. These entities are required to follow a […]

Dry fruit is considered the powerhouse of nutrients. As the name suggests, these fruit comprised of negligible water content. The dry fruits in our country are available in various forms such as dates, raisins, cashew, almonds apricot, and so on. However, out of these only three are available in the ample volume: Cashew nuts, Raisins, […]

After the advent of the GST (Goods and Service Tax), the tax authority came across countless cases of non-filing of returns from various suppliers. They avoid incorporating transactions in the form of GSTR-1 and do not address tax liability thereon. Such activities consequently lead to heavy mismatch which further translated into an act of tax […]

Do you have a legitimate business setup that deals with the manufacturing of Electronic appliances? Are you looking forward to sell your offerings beyond national boundaries? You will be required to avail Import Export Code in the first place to serve that purpose. The Import Export Code is a 10 digit code issued against the […]

Over the years, the export of organic products has reached a new height as the world begins to understand the importance of a healthy lifestyle. Bangladesh is the leading producer of organic products in the world right now. At present, the country is exporting wide varieties of vegetables to 40 different countries. If you are aiming […]

Import-Export Code (IEC) is a 10 digit code that allows the exporters to transport their goods to overseas locations. It essentially helps in clearing the legal complications during the inspection of the shipment by the customs and regulatory authorities. Directorate General of Foreign Trade (aka DGFT) is the authority that is responsible for issuing the […]

For an enterprise/distributor/autonomous agent to be a legalized Indian agent for a local/overseas manufacturer at Central Drug Standard Control Organization (CDSCO), they ought to possess a valid Wholesale Drug license in Form 20B and 21B. State Licensing authorities reserve the right to grant the wholesale drug license to the applicant. One can find the provision […]

India is a destination that holds immense potential for development and prosperity for business entities. Apart from this year, where the growth has been hindered due to COVID 19 outbreak, everything seems to be on par for the Indian economy. As the dust of the current disaster is settling down, the new entrepreneurs have become […]