Sakshi Srivastava

About Sakshi Srivastava

Sakshi has pursued B.B.A.LL.B.(IPR Hons.). She is an avid reader and is keen to gather and share her knowledge on the subjects relating to IPR, Company Law and GST. Priorly she has worked as a legal researcher and vide her articles she aims at improving the core knowledge of the subjects to the masses.

Latest Orders by AAR on Different Segments Related to GST

An Advance Ruling Authority helps the candidate in planning the activities which are accountable for payment of GST. Orders by AAR brings inevitability in determining the tax obligation, as the ruling given by the Authority for Advance Ruling is compulsory on the candidate as well as Government authority. Additionally, it helps in evading long-drawn and […]

Relief Granted to KFC Franchise by ITAT

The Income Tax Appellate Authority or ITAT has ruled in favour of Yum Restaurants situated in Asia, which operates for brands such as KFC, Pizza Hut, and Taco Bell in India, stating that the amenities provided by the vice president are not taxable of its Indian Counterpart. Decision of ITAT The case is related to […]

Food Supplement Business in India

The statement concerning Health Supplement, Nutraceutical, Food for Distinct Dietary Use, Food for Distinct Medical Persistence, Purposeful Food, and Fresh Food has been public with the Food Safety and Standards Regulation of India,2016 in FSSAI on 23rd December 2016 Official Gazette. When this regulation is issued in the Authorized Journal, its determination came into strength. […]

Impact of GST on Merger and Acquisition: Things you must know!

The Indian economic reforms have created a lot of scope for mergers and acquisitions both in the domestic and global markets. In today’s commercial scenario, M&A has gained considerable significance as companies compete with each other on the national and international levels. Companies opt for mergers to restructure their organization and expand their market presence; […]

Rules regarding mentioning best before & manufacturing date

Food safety and standards authority of India, known to be India’s food business manager, has enquired the local confectionary sellers to display or present the best before date & manufacturing date on loose sweets that are sold in their shops. By doing this, it will help to guarantee that the customers are purchasing a fresh […]

Financial and its related services Under GST

GST is a consumption-based destination tax. A taxpayer has to be registered in all the states in which he is supplying/selling. Now, most banks have a pan-India presence, which means they are required to register in ALL states. In addition to this, banks provide services to their own branches and also to other banks. Transactions […]

TDS under GST: A Comprehensive Guide

TDS under GST is different from TDS under the Income Tax. In additional words, separate TDS Payments, separate returns, and separate TDS Certificates are required in the case of Goods and services tax. Section 51 of the CGST Act, 2017, arranges down requirements in respect of TDS Payments under GST.  Who Deducts TDS Under GST? […]

A Comprehensive Guide on FSSAI Compliance

The food manufacturing business has quickly succeeded over recent years. Numerous food passages like restaurants, cafes, cafeterias have engaged every street and corner of India. Nevertheless, it appears to be a probable business prototype; one cannot supervise the FSSAI necessities that one needs to abide by. Consequently, the Department of Health & Family Welfare manages […]

Documents and Licenses Required for Food Delivery Business in India

Are you planning to run a Food Delivery Business in India? Though it is undeniably a profitable business opportunity, that also needs to comply with few regulations. Most important, you are required to attain several essential licenses for running a Food Delivery Business in India legally. If you’re planning to start a Food Delivery Business […]

Food Safety and Standard Act– Everything a restaurant owner should know

Every food business operator should obtain FSSAI registration in India. It is compulsory compliance, which guarantees the safety of the foodstuffs. FSSAI is documentation issued by the Food Safety and Standards Authority of India to safeguard food safety in our country. The Food Safety and Standards Act, 2006[1], is the organizational body for regulation of […]

Changes in Budget 2020 in GST

Smt. Nirmala Sitharaman presented the first budget of the year 2020 on 1st February 2020. In this article, the impact of the budget on the most significant tax reform of India- Goods & Services Tax (GST) has been summarized. As mentioned by honorable FM, Goods and Services Tax (GST) has been the most historic in […]

Extension of Deadline for Filing of Form NFRA-2

The Ministry of Corporate Affairs (MCA) on 5th March 2020, passed a circular stating the extension of the last date for filing of Form NFRA-2 after the due examination. The time limit for filing the Form NFRA-2, for the Financial Year 2018-19, will be 150 days from the date of implementation of the Form on […]

How to Prepare a Business Plan? – A Complete Guide for startups

A business plan is a document that is prepared by the entrepreneur, which describes all the relevant internal as well as external information that is required in starting a new business. It is a combination of the functional plan like finance, marketing, human resource, and manufacturing plan related to business activity. Importance of Business Plan […]