Allied Registration

FSSAI Registration

FSSAI stands for Food Safety and Standards Authority of India. FSSAI has been created for laying down science based standards for articles of food and to regulate their manufacture, storage, distribution, sale and import to ensure availability of safe and wholesome food for human consumption. FSSAI license is mandatory for any food business whatever form they may be involved either Manufacturers, Traders, Restaurants who are directly involved in any food business will have to obtain a 14-digit Registration No. or a license number which must be printed on food products / packages.
Ministry of Health & Family Welfare, Government of India is the Administrative Ministry for the implementation of FSSAI. The government takes necessary steps in order to ensure that food products undergo prescribed quality checks, thereby reducing the instances of adulteration, substandard products and to improve accountability of manufacturers.

Small Scale Industries (SSI) Registration

Small Scale and ancillary units (i.e. undertaking with investment in plant and machinery of less than Rs. 10 million) should seek registration with the Director of Industries of the concerned State Government.
The main purpose of Registration is to maintain statistics and maintain a roll of such units for the purposes of providing incentives and support services.
States have generally adopted the uniform registration procedures as per the guidelines. However, there may be some modifications done by States. It must be noted that small industries is basically a state subject. States use the same registration scheme for implementing their own policies. It is possible that some states may have a 'SIDO registration scheme' and a 'State registration scheme'.

Benefits of Registering

The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following:

  • Credit prescription (Priority sector lending), differential rates of interest etc.
  • Excise Exemption Scheme
  • Exemption under Direct Tax Laws.
  • Statutory support such as reservation and the Interest on Delayed Payments Act.

  • (It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI). States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them.

    Other Trade Advantages

  • To promote the development of Small Scale Industries.
  • To provide facilities for exchange of information, experience and interest among the Small Industries.
  • To co-operate with industrial, business, educational and research institutions and other organizations in the collection and exchange of information pertaining to Small Industries.
  • To undertake professional, technical and management consultation services.
  • To organize studies, survey and research projects.
  • To establish common service facilities for its members.
  • To further the cause of small industries by holding consultations with Union and State Governments and other bodies.
  • To conduct and participate in National and International Exhibitions and Trade Fairs.
  • To derive the advantages of collective action which member-units may not be able to accomplish individually.
  • To publish books, news-papers, periodicals, pamphlets or any other publications of interest to the SSI Sector.
  • To establish trade centers. display centers, sub-contracting exchanges and other promotional institutions for the benefit of small scale sector.
  • To undertake activities incidental to the attainment of the objectives and towards healthy development of small scale industries.
  • MSME Registration

    MSME stands for micro, small and medium enterprises, and these are the backbone of any developing economy. To support and promote MSMEs, the Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required.
    The MSME registration is not statutory. However, the MSME registration process in India has been conceptualized to provide maximum benefits to all types of enterprises. After registration, any enterprise becomes qualified to reap the benefits offered under the MSMED Act. Some of the benefits from Central Government include easy sanction of bank loans (Priority sector lending), lower rates of interest, excise exemption scheme, exemption under Direct Tax Laws and statutory support such as reservation and the interest on Delayed Payments Act. MSME registration can be obtained for manufacturing as well as service enterprises. Though the MSME registration is not mandatory, it is beneficial for business

    Benefits of MSME Registration

  • Collateral Free loans from banks
  • Reservation policies to manufacturing / production sector:
  • Special consideration on international trade fairs:
  • Octroi benefits:
  • Certain Waiver of Stamp Duty and Registration Fees:
  • Benefits under Direct Tax Laws:
  • Bar Code registration subsidy:
  • Subsidy on NSIC Performance and Credit ratings:
  • Eligible for IPS subsidy
  • Counter Guarantee from Government of India through CGSTI
  • Protection against delay in payment
  • Reduction in rate of Interest from banks
  • 15% CLCSS subsidy to purchase fully
  • Waiver in Security Deposit in Government
  • Concession in electricity bills:
  • Reimbursement of ISO Certification
  • P15% weight age in price Preference:
  • 1% exemption on interest rate on OD
  • Subsidy for patent registration
  • Professional Tax Registration

    Professional Tax is levied by the Karnataka State Government as a Indirect Tax on Profession, Trade, calling or Employment. The states are empowered to levy this tax by virtue of constitutional powers under article 276 of the constitution of India. PT in India was first introduced in the year 1949 at a rate of Rs. 250 which is 2500 now for each year. The state governments has been asking parliament to raise the limit of 2500 to Rs. 7500 so that the professional tax becomes a source of major revenue for the states. It is imperative to take note that PT is levied on slab basis as income.
    The professional tax in case of employment is required to be deducted by the employer while making payment of salary at the rate prevalent in the state in which employee is serving. The rate of professional tax is different from state to state. Professional tax in Karnataka is levied under the “Karnataka Tax on Professions, Trade, Callings and Employment Act 1976”. We provide comprehensive services to assist our clients in meeting the compliances.
    Such services include -

  • Obtaining registration under professional tax
  • Meeting regular compliances as may be applicable to the client
  • Representation services
  • Advisory services
  • Shops & Establishment Registration

    The Shops and Establishments Act regulates conditions of work, lists rights of employees in the un organized sector and provides a list of obligations for every employer. It applies nationwide to shops, commercial establishments, hotels, restaurants, eating houses, theatres and other places of public amusement or entertainments. Every shop and establishment is required to register itself under the Act within 30 days of commencement of work, whether or not it has employees. It is mandatory to obtain the Shops & Establishment Registration in the State of Karnataka unless the Government has exempted the specific category of Business otherwise.

    Import & Export Code Registration

    IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies. This is primarily required by a person for exporting or importing goods. All businesses which are engaged in the trade of Import and Export of goods mandatorily require registering Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.
    The IE Code must be quoted by importers while clearing customs. Banks & Financial Institutions require the importers IE Code while sending money abroad. Regarding exporters, IE Code must be quoted while sending shipments. Business Houses / Banks require the exporters IE Code while receiving money from abroad. The IEC does not apply to technology and services. However, it does in certain cases in which international trade is restricted, such as nuclear weapons and automatic guns.

  • All importers who import goods are required to register Import export code and all exporters need this code to obtain the benefits of exports.
  • IEC code holder does not require filing of any returns.
  • IEC Code is issued for lifetime and requires no renewal
  • NSIC Registration

    The Government is the single largest buyer of a variety of goods. With a view to increase the share of purchases from the small-scale sector, the Government Stores Purchase Programme was launched in 1955-56. NSIC registers Micro & small Enterprises (MSEs) under Single Point Registration scheme (SPRS) for participation in Government Purchases.
    Micro & small Enterprises which are in continuous production of stores for one year or more and are registered with the Director of Industries (DI) as manufacturing SSI Unit/Small Scale (industry related) Service & Business Enterprises(SSSBE), who own workshop of their own or on lease basis and have the commercial and technical competence to produce stores/provide services for supply to the Government Departments such as DGS&D, Railways, Defense, P&T, Central/State Government Departments and Central/State Government Public Sector Undertakings etc. conforming to BIS or such standards as required by the Government buying agencies

    Benefits of NSIC Registration

    The units registered under Single Point Registration Scheme of NSIC are eligible to get the benefits under the Public Procurement Policy for Micro & Small Enterprises (MSEs) Order 2012 as notified by the Government of India, Ministry of Micro Small & Medium Enterprises, New Delhi vide Gazette Notification dated 23.03.2012.

  • Free of Cost tenders – Direct Savings
  • Advance intimation of tenders issued by Directorate General of Supplies & Disposal (DGS&D) – Can take more time in working out desired profitability and quote accordingly
  • Exemption from payment of Earnest Money Deposit (EMD) – Reduces Working Capital requirement
  • Waiver of security deposit up-to the monetary limit for which the unit is registered – Huge relief as sometimes security deposit remains blocked until 100% completion of work
  • Issue of competency certificate in case the order value exceeds monetary limit, after due verification
  • In tender participating SMEs quoting price band of L1+15% are also allowed to supply a portion up to 20% of requirement by bringing down their price to L1 Price where L1 is non SMEs
  • Every Central Ministries/Departments/PSUs shall set an annual goal of minimum 20% of the total annual purchases of the products or services produced or rendered by SMEs. Out of annual requirement of 20% procurement from SMEs, 4% is earmarked for units owned by Schedule Caste /Schedule Tribes (as per PPP Order dated 23.03.2012 overall procurement goal shall be mandatory w.e.f. 01/04/2015)
  • Few items have been reserved for exclusive purchase from MSME
  • Karnataka Society Registration

    A society is an organized group of individuals whose main objective is to serve society and not to earn a profit. The Governing Body Members are entrusted with the day-to-day management of the affairs of the society. Whereas, the General Body Member’s duties include the election of Governing Body Members, alteration of rules and regulations, name and objects, if necessary. Under the Society Registration also entitles a foreigner also become a society member in India.
    In Karnataka, there are two legislations that enable you to form an association of apartment owners, Karnataka Apartment Ownership Act (KAOA), 1972 and Karnataka Societies Registration Act (KSRA), 1960. KAOA, 1972 is a special legislation that exclusively covers residential apartments.
    The societies related to the promotion of charity, education, science, literature or Fine Arts, Promotion of Sports, the instruction and diffusion of knowledge relating to commerce or industry or any other useful knowledge ,diffusion of political education ,maintenance of libraries, the promotion of conservation and proper use of natural resources may be registered under the Karnataka Societies Registration Act,1960.