SVB investigations are usually applicable for all the imports undertaken from the related supplier. However, in the following cases, the SVB investigation is exempted: Import of prototypes and samples ...

ASC Group has learned that it is mandatory for you to conform to the quality and Safety standards of your products in India. The BIS is the Indian government agency which is officially responsible for ...

Independent organizations that work for social and charitable purposes are called as Non-Governmental Organizations (NGOs). In order to facilitate them in contributing to the greater good, the ...

Exports of certain commodities may require special approval or license. SCOMET lists down a few such items. SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment, and Technology ...

Internal Audit, today, have become more than just a compliance necessity; they are a strategic imperative for driving organizational excellence. By systematically evaluating internal processes, ...

What is NBFC in Simple Terms? A Non-Banking Financial Company (NBFC) is akin to a banking company and engaged in the business of providing loans, accepting deposits (only certain NBFCs), leasing, hire ...

All the electrical products that are to be sold in India need to get certification from the Bureau of Indian Standards under the ambit of the Compulsory Registration Scheme (CRS), courtesy of the ...

Customs duty is the buzzword whenever we discuss imports. Levy of customs duty has been the key for the government to protect the domestic industry while also reducing India’s dependency on imports.

Plastic products have become an intricate part of our daily lives. The plastic waste collection runs into tons and still, we don’t have adequate mechanisms to recycle all the plastic waste that has ...

No Objection Certificate (NOC) is a certificate that is mandatory for steel products that have different specifications. If the product is under voluntary certification, the Ministry of Steel issues ...

It is akin to a company-wide system to ensure checks and balances IFC Audit is mandatory for all the listed companies in India IFC Audit ensures that the overall operations of the company are in line ...

GST (Goods and Services Tax) Registration is a procedure whereby a business in India can get a distinct GST identification number (GSTIN) from the federal government of India. GST is a detailed tax ...