MSME (Micro, Small and Medium Enterprises)

As per the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006.

Enterprises that are engaged in the manufacture or production, processing, or preservation of goods where

• A microenterprise is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh;
• A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore;
• A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore.

Further in the Act, enterprises engaged in providing or rendering of services and whose investment is there in equipment are defined as

• A microenterprise is an enterprise where the investment in equipment does not exceed Rs. 10 lakh;
• A small enterprise is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs. 2 crore;
• A medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore.

MSME loans are mostly offered to new businesses and small business owners. The MSME loan’s repayment tenure varies from lender to lender, and the interest rates offered are majorly based on the loan amount, applicant’s profile, and business history. MSME loans are also offered to new businesses by the government with the help of various schemes. Government Schemes that come under MSME loans for new business include Mudra Loan, CGTMSE, etc. These schemes ensure that the new and existing entrepreneurs in the country get the necessary financial support and funding for their businesses.

The MUDRA (Micro Unit Development and Refinance Agency) scheme was initiated to provide support to the small business owners. MUDRA Yojana is further classified into three categories named Shishu, Kishore, and Tarun.

• In the Shishu category, an MSME loan for new business is provided up to Rs. 50,000 to a new business enterprise.
  
  
• In the Kishore category, MSME loans for new businesses up to Rs. 5 lakh are provided to the companies that have been running for a certain period and want to expand.
  
  
• In the Tarun category, the MSME loan for new business is provided up to Rs. 10 lakh to companies that are already established but want to grow more.

The maximum repayment of an MSME loan for a new business tenure is 60 months for all Mudra loan categories.

CGTMSE (Credit Guarantee Funds Trust for Micro and Small Enterprises) was introduced to establish credit relief to the promoters and provide them with a better credit flow for the MSME sector. The main benefit of the CGTMSE scheme is that the MSME loan for a new business is backed without any external collateral or third-party guarantee. Moreover, under this scheme, both new and existing MSMEs, including service enterprises, are eligible for a maximum credit of Rs. 2 Cr.

The above schemes are designed in such a way that any person from any part of India can avail the benefit of an MSME loan. This is done to promote new business, which can lead to overall economic growth of a country. An MSME loan for a new business in India is a major step towards employment generation, which can make a country self-dependent.

The process of obtaining an MSME loan for a new business is lengthy. First we need to search for the different lenders who offer MSME loans for new businesses. Then we need to fill out an online application. After that we need to upload the required document. Finally, the lender will process the application and verify the provided information and documents. And only if he finds that the information provided is correct, only then is the loan granted.

To get rid of all this process, we have many MSME loan consultants who can provide services to make the lives of the promoters easy. The promoters only need to submit the document, and after that the MSME loan consultant will make sure that the funds are being sanctioned and in the hands of the promoters on time.

MSME loans are generally given to startup owners, small business owners, and women entrepreneurs on a short-term basis. The duration of MSME loans varies from lender to lender. As MSME loans for new businesses are unsecured MSME loans, there are some minimum eligibility requirements in order to reduce the risk for lenders. Because it is important to receive money on time; otherwise, there is no use of funds. For example, MSME loans for new businesses in Jaipur are taken mainly with the intention of doing seasonal businesses. Now, if the loan applicant does not receive money on time, then the season might lapse. Thus, on-time delivery of the loan amount is necessary.

We provide Expert and Experienced MSME loan consultant services.

MSMEs require loans to meet funds for their various activities, starting from their inception to expansion. We are a reliable source for MSME loans to start as well as expand all types of businesses. Are you looking for secure loans from genuine sources? Contact us today; we can arrange loans from the leading banks and financial institutions that are popular in your area. We have several clients who have availed themselves of MSME loans for new businesses in Jaipur. You are also welcome to our service to find sufficient funds for your dream business.

A term loan is a loan from a bank for a specific amount that has a specified repayment schedule either at a fixed or floating interest rate. A term loan is often appropriate for an established small business with sound financial statements. Also, a term loan may require a substantial down payment to reduce the payment amounts and the total cost of the loan. A requirement for a term loan for a business may be to fund their day-to-day business operations, to expand their business, or to purchase new equipment. A term loan for businesses in Jaipur is easily available with the help of various schemes initiated by the government to meet the working capital needs of MSMEs. As Jaipur has always been a leader in industrialization, availing a term loan for business in Jaipur is not a big deal.

Term loans for MSMEs are loans given to startup owners, small business owners, and women entrepreneurs on a short-term basis. The duration of MSME loans varies from one lender to another. As most MSME loans for new businesses are unsecured, there are some minimum eligibility requirements in order to reduce the risk for lenders. A term loan can now be available easily through an online process, which helps in speeding up the financial vehicle delivery to meet the unexpected demand. Term Loan offers various fund-based and non-fund-based working capital facilities to MSME customers to help them in funding their daily operations.

Fast sanction of a term loan situation arises when the period of repayment of the principal amount is less than a year. An immediate crisis like a medical situation or an urgent capital need for your business triggers this type of a loan.
The business loans are generally offered on the basis of the profit and numbers of years the proprietor is running the business. It also depends upon cash flow and other financial statements, which are related to revenue generation. After considering all the major factors, lenders come out with eligibility criteria for the loan amount that can be offered to any business. The key criteria for approval of any business loan are how profitable the business will be in the future and how the borrower will manage to repay the term loan amount with other liabilities and expenditures of the company.

A working capital loan is a type of short-term loan that is specifically designed to finance a company's day-to-day operational needs. These needs often include covering expenses such as payroll, inventory, and other short-term operational costs. The purpose of a working capital loan is to ensure that a business has enough liquidity to meet its short-term obligations and continue its normal operations. Working capital loans are usually short-term in nature, ranging from a few months to a couple of years. They are meant to address temporary cash flow issues rather than long-term financing needs. These loans are commonly used to fund everyday business expenses, manage seasonal fluctuations, take advantage of sudden business opportunities, or cover unexpected expenses.

SIDBI, or the Small Industries Development Bank of India, is a financial solution that focuses on providing financial and developmental support to the small-scale sector in India. SIDBI offers various financial products, including loans, to support the growth and development of small and medium-sized enterprises (SMEs) in the country.

SIDBI's primary objective is to promote and develop the small-scale sector by providing financial assistance and support for the establishment, expansion, modernization, and restructuring of SMEs. SIDBI offers a range of loan products tailored to the specific needs of SMEs. These may include term loans, working capital finance, equipment finance, and other customized financial solutions. SIDBI's loans are designed for small and medium-sized enterprises across various industries, including manufacturing, services, and trading sectors. The focus is on businesses that fall within the SME category.

Project finance loans are specialized financing arrangements designed for large-scale infrastructure, industrial, and other significant projects. These loans are structured based on the projected cash flows and assets of the project itself, rather than the creditworthiness of the project sponsors. Project finance loans are commonly used to fund capital-intensive projects, such as the construction of power plants, highways, airports, pipelines, and other infrastructure developments. These projects often have a long gestation period and high initial costs.

Project finance loans often involve limited recourse financing, which means that the lenders have a claim only on the project's assets and cash flows and not on the overall assets of the project sponsors. This structure helps mitigate the risks for the project sponsors.

We provide the following services in the field of finance:

• Project Feasibility Study
• Project Consulting & Financial projections
• Business Valuations
•  Financial Due Diligence
•  Independent Expert Opinions
•  Modeling and Business Planning
• Post-deal services
•  Private Equity Advisory
•  Transaction Advisory (M&A Deals)
•  Structuring Services
•  Valuation Consulting
•  Availing External Commercial Borrowing

• In-depth study of existing systems, procedures, and controls for proper understanding. Suggestions for improvement and strengthening.
• Ensuring compliance with policies, procedures, and statutes.
• Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Principles and applicable Accounting Standards/IFRS.
• Checking the genuineness of the expenses booked in accounts.
• Reporting inefficiencies at any operational level.
• Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.
• Certification of the books of account being in agreement with the balance sheet and profit and loss account.
• Issue of audit reports under various laws.
  
  

Types of audits conducted:

• Statutory Audit of Companies
• Tax Audit under Section 44AB of the Income Tax Act, 1961.
• Audit under other sections of the Income Tax Act, 1961, such as 80HHC, 80-IA, etc.
• Concurrent Audits.
• Revenue Audit of Banks.
• Branch Audits of Banks.
• Audit of PF Trusts, Charitable Trusts, Schools, etc.
• Audit of Cooperative Societies.
• Information System Audit
• Internal Audits.
• Forensic Audits.
• GST Audits.

• Consultancy on various intricate matters pertaining to Income tax.
• Effective tax management, tax structuring and advisory services.
• Tax Planning for Corporates and others.
• Designing / restructuring salary structure to minimise tax burden.
• Obtaining Advance tax Rulings.
• Obtaining No Objection Certificates from Income tax department.
• Obtaining PAN for assessees, employees etc.
• Advance tax estimation and deposit.
• Assessing the liability towards deferred taxes.
• Providing regular updates on amendments, circulars, notifications & judgments.
• Filing Income Tax and Wealth Tax returns for all kinds of assessees.
• Filing Income tax returns for employees of corporate clients.
• Liaison with Income tax department for rectification, assessment, obtaining refunds etc.
• Expertise in complicated direct tax assessments.
• Filing and pleading appeals under various provisions of IT Act.
• Special expertise in search, seizure and prosecution litigation.
• Advice on future tax implications in respect of the potential acquisition.
• Opinions on the various Double Tax Avoidance Agreement related issues.
• Settlement of various issues raised under FEMA.

• GST Rules
• FAQ on GST  (second Edition)
• The Central Goods And Services Tax Bill, 2017
• The Integrated Goods And Services Tax Bill, 2017
• The Union Territory Goods And Services Tax Bill, 2017
• The Goods And Services Tax (Compensation To States) Bill, 2017
• India Inc Will Get Tax Refunds to Ensure Fair Start to GST
• Stakeholders View on 3 GST Reports Sought by Oct End
• Govt RBI can act as GST payment aggregator
• Hope to roll out GST in 2016 PM
• Infosys Bags Contract to Set up IT Platform for GST
• Getting corporate India GST ready
• GST exemptions list to have under 100 items
• Report on Uniform GST Rate By Month End
• Government looking at mid 2016 rollout of GST
• GST rollout CBEC looks to curb tax evasion
• Terms of Reference of GST Policy Wing in CBEC and the Directorate of GST
• Reviewing the mandate of DG,ST
• GST-Concept & Status

We are a specialized team of ROC consultants in Jaipur dedicated to providing quality services to our clients to set up their businesses and corporate firms across a wide variety of business verticals. Our qualified and experienced team of corporate advisory consultant in Jaipur possesses extensive legal, financial and corporate knowledge. Our expertise and experience enable us to cater to the diverse requirements of our clients in the most suitable way.
ROC filing is the filing of requisites forms to MCA with the annual return as per section159. Annual return is required to be filed with ROC within 60 days of AGM. All companies registered in India as a private limited company, one person company, limited company, and section 8 companies must file MCA annual return and income tax return each year. It is mandatory for companies to conduct an annual general meeting at the end of each financial year and file an annual return with the ministry of a corporate affair to maintain compliance. In India, financial year is set for 1 April to 31st March, so a company’s annual return would be due on before 30th Sep.

Insolvency professionals (IPs) play a crucial role in the insolvency and bankruptcy process, providing various services to different stakeholders involved in the resolution of distressed companies.

Resolution Process Management:

• IPs manage the entire resolution process, ensuring compliance with the relevant insolvency laws and regulations.
• Facilitate communication and coordination among creditors, debtors, and other stakeholders.
  

Financial Analysis and Assessment:

• IPs conduct a thorough financial analysis of the insolvent company to assess its financial health and viability.
• Evaluate the feasibility of various resolution plans submitted by prospective resolution applicants.

• Incorporation of company
• Consultancy on Company Law matters.
• Planning for Mergers, Acquisitions, De-mergers, and Corporate re-organizations.
• Filing of annual returns and various forms, documents.
• Clause 49 review for compliance with fiscal, corporate and tax laws
• Secretarial Matters including share transfers
• Maintenance of Statutory records.
• Consultancy on Public/Rights/Bonus Issue of shares.
• Change of Name, Objects, Registered Office, etc.

• Consultancy on various intricate matters pertaining to Income tax.
• Effective tax management, tax structuring and advisory services.
• Tax Planning for Corporates and others.
• Designing / restructuring salary structure to minimise tax burden.
• Obtaining Advance tax Rulings.
• Obtaining No Objection Certificates from Income tax department.
• Obtaining PAN for assessees, employees etc.
• Advance tax estimation and deposit.
• Assessing the liability towards deferred taxes.
• Providing regular updates on amendments, circulars, notifications & judgments.
• Filing Income Tax and Wealth Tax returns for all kinds of assessees.
• Filing Income tax returns for employees of corporate clients.
• Liaison with Income tax department for rectification, assessment, obtaining refunds etc.
• Expertise in complicated direct tax assessments.
• Filing and pleading appeals under various provisions of IT Act.
• Special expertise in search, seizure and prosecution litigation.
• Advice on future tax implications in respect of the potential acquisition.
• Opinions on the various Double Tax Avoidance Agreement related issues.
• Settlement of various issues raised under FEMA.

• Accounting System Design & Implementation
• Financial Accounting
• Budgeting
• Financial Reporting
• MIS Reports
• Financial Analysis
• Asset Accounting Management
• Depreciation and Amortization Schedules

• Allotment of Permanent Account number (PAN)
• Tax planning.
• Obtaining Advance Rulings on debatable issues.
• Consultancy/ advice on FEMA/RBI matters.
• Filing Income Tax/ Wealth Tax Returns.
• Advice on making investments.
• Issuing certificate for repatriation of income / assets from India.
• Making application to RBI for various matters including sale and purchase of residential and commercial properties.

About MSME Registration

Few years ago it was issued by every District Industries Centre in every district by particular state government but at present it issues as “Udhyog Aadhar” by government of India through national portal.

Due to complicity in filing and application form it should be apply by professional to choose right business activity code and other things. We  have a number of profession in all our major cities in India to complete the process and provide the MSME/SSI registration in time.

Who can apply ?

• MSME/ SSI registration is not mandatory, but it is suggested to enjoy various benefits for micro small and medium enterprises pertaining with MSME registration.
• To enjoy these benefits the maximum units gets MSME registration, the constitution of entity is doesn’t matter, it can be apply by every kind of business even if it may be Proprietorship, partnership, LLP, Company.
  
  

Benefits For MSME Units:

• Easy to open new current bank account in the name of firm.
• Easy and concessional bank loan.
• Reservation in government tenders
  Generally government tenders have reservation around 20% of total tender values for MSME units and prefer them to participate and allot these tenders.
• Helps to get timely payment from buyers
  Under companies Act and other applicable acts the buyer have to pay dues to MSME registered business on priority, otherwise they have to make provisions in his books of accounts, thus MSME registration protect to get payment at the earliest.
• Waiver of EMD/ Security in tenders
  In various govt. And Public Sector Units (PSU) Tenders there are heavy EMD/ Security deposit required to participate in tender but the government and PSU make relaxation for MSME units.
• Benefits in various govt. Fees
  Govt. Fee for ISO/ Patent / Trade Mark is minimize or waive off for MSME units.
  
  

• Micro:
  The business falls in this category when it’s investment shall not exceed Rs. 25 Laks for Manufacturing units and Rs. 10 lakh for service sector units.
• Small:
  The business falls in this category when it’s investment shall not exceed Rs. 5 Crores for Manufacturing units and Rs. 2 Crores for service sector units.
• Medium:
  The business falls in this category when it’s investment shall not exceed Rs. 10 Crores for Manufacturing units and Rs. 5 Crores for service sector units.

As per rule 27 of Legal Metrology Packaged Commodity rules, 2011 department of consumer affairs every person who engaged in a business of import and distribute pre-packaged commodity or goods in India must to take a LMPC registration certificate before import the pre-packaged goods or commodity in India.

What is LMPC registration?

As per rule 27 of Legal Metrology Packaged Commodity rules, 2011 department of consumer affairs every person who engaged in a business of import and distribute pre-packaged commodity or goods in India must to take a LMPC registration certificate before import the pre-packaged goods or commodity in India. This certificate is issued for the measurement unit of pre-packaged goods or commodity. 

• This certificate is issued by Deputy Director (LM) Ministry of Consumer Affairs, Food and Public Distribution.
• The importer must be applied for certificate 90 days before import of the pre-packaged goods or commodity.
  
  

Why LMPC registration required?

Most of the business are dealing in a specific unit of measurement (UOM) to evaluate the business performance unit control etc. Hence there are various issue to adopt and follow the measurement. To resolve and regulate the issue the Government has pass an act called “Legal Metrology Act, 2009” with object to enhance the transparency, standard, quality etc and also to protect the consumer rights. It’s clearly dealing in weighing, measurement units, divices, goods standard, import and packaging details, necessary other declarations like packaging dates, expiry dates etc to make a transparency system to protect the public and consumer rights.     

To implement of The Legal Metrology Act, rules, standard government of India setup Department of Consumer Affairs under Ministry of Consumer Affairs, Food and Public Distribution. The department authorized to issue certificates, implement of rules, regulations, norms, safety standard, measurement standards and other requirements required to achieve the maximum object of the Act. The legal metrology act, 2009 passed by central government and every states have a choice to accept the Act with or without changes, however some of the states are implemented their own act to deal and regulate with the issues of appropriate metrology.

Advantage of Legal Metrology Act Registration in India:

Build a bounding trust between buyer and seller:

LMPC registered seller have to follow the standards, description, measurement practice as per the Legal Metrology Act and he will never attract poor measurement exercise hence it is very difficult to start any legal action against the person who comply and registered under the measurement law. However, the when measurement are completed correctly and exactly abiding by all the rules of Legal Metrology Act it will build a trust between the buyer and seller. 

Help to get correct taxes of government:

Government charge many indirect taxes excise, Goods & Service Tax etc. to measure the assessable value the quantity of material is important and the government is needs the transparency to collect correct tax, the Legal Metrology Act helps to determine and collect the correct taxes. 

Promote good trade practice:

Legal Metrology Act, controlled illegal and dishonest trade practice, The core object of the Act, to ensure to follow the measurement standard by which automatically promoted good trade practice. 

DOCUMENT REQUIRED FOR REGISTRATION:

• Photo, Id card and address proof of applicant
• PAN of the firm/ company
• Address proof i.e. rent agreement, legal ownership proof
• Utility bill electricity/ water
• Business constitution proof (partnership deed/ certificate of incorporation etc.)
• MOA, AOA (in case of company)
• List of all machinery and tools
• Details fo commodity in which the LMPC certificate required
• Copy of GST registration certificate

What is GST registration?

The government of India reformed the existing tax mechanism and abolished the previous various tax laws, like excise duty, VAT, service tax, Octroi, entry tax, etc., into one tax, i.e., Goods & Service Tax, w.e.f. 01.07.2017. This concept is introduced by the government as “One Tax, One Nation.”
GST registration means getting registration of a business under the Goods & Service Tax Act, 2017.

Who is required to get GST registration?

• Exceed the threshold limit: If the business sale or turn over is exceed the minimum threshold limit
  (a) For Trading or manufacturing businesses: INR 40 Lakh**
  (b) For Service providers INR 20 Lakh**
  
  **The threshold limit is INR 10/20 lakh for some North-Eastern states.
  
  
• Casual Taxable Persons: Persons who have been charged GST casually, like participating in an exhibition, fair, etc., where they do not have a permanent place of business.
  
  
• Non-resident Indian (NRI): Non-resident persons of India starting a business in India are required to get GST registration mandatory.
  
  
• Input Tax Distributor: Input tax distributors are required to get GST registration mandatory to distribute the input tax.
  
  
• E-commerce Operators: Like Amazon, Flipkart, Uber, Ola etc.
  
  
• Persons selling the goods or services through e-commerce operators.
  
  
• Under reverse charge mechanism: If you fall into a category where the GST is payable under the RCM basis, you are required to get GST registration.
  
  
• Outside India online service providers: If you are selling your services, software, etc. in India from outside India, you are required to get mandatory GST registration in India.

What Is the Penalty for Not Getting the GST Registration?

If you are required to get GST registration and you fail to obtain the GST registration, the GST department may charged a penalty of upto 100% of Tax liability subject to minimum of INR. 10000/-

Hence, we recommend getting your business GST registration timely as per provisions.

Can I Get GST Registration Voluntary?

Yes, you can also get your business registered under GST on a voluntary basis.

DISADVANTAGE OF PARTNERSHIP FIRM:

• Sales area: After getting GST registration, you are eligible to sell your goods or services anywhere across India.
  
  
• Input Tax Credit: After getting GST registration, you are eligible to book input tax credit on your purchases and also eligible to transfer the input tax credit to your customers/buyers.
  
  
• E-way bill: After getting GST registration, you will also be eligible to generate the E-way bill for the transportation of your goods without any interruption from tax authorities at state borders.
  
  
• Legal identity of your business: The GST registration certificate will give your business a legal identity.
  
  
• Selling through e-commerce operators: After getting the GST registration certificate, you can also eligible to sell your goods or services through e-commerce operators like Flipkart, Amazon etc.
  
  
• Open a current account: You can open a current bank account in the name of your entity with any bank through a GST registration certificate.
  
  
• Eligible to participate in tenders: In the government or other companies, PSU tenders required a GST registration certificate of the bidder; after getting the GST registration certificate, you are also eligible to participate in these tenders.
  
  

What kind of compliance are required after GST registration

After getting GST registration the registered person required to file applicable GST return in a timely manner to avoid any interest, late fee, penalties, etc.

Documents required:

What is an Import Export Code?

• Without the Import Export Code (IEC), no one can deal with import/export in India.
  
• It is also know as Import Export Code, Import Export License, IEC Code etc.
  
  

How to obtain an IEC code?

You can get the IEC code easily through our company; our team will work for you and provide the IEC code within 4-6 working days. It is validated for a lifetime and doesn’t require renewal in the future.

What documents are required for an IEC code?

• PAN Card of Business
• Cancel check of firm
• Business registration
• Aadhar Card of Director/Proprietor/Partner
• Passport-size photo of the applicant, who may be the proprietor/partner/director, etc.
• Electricity bill + Rent Agreement/Property ownership document.
  
  

Steps to get IEC through our company:

• STEP 1
  Post your query
• STEP 2
  Send the required document through e-mail.
• STEP 3
  Pay the fee
• STEP 4
  Your IEC code application was processed and provided to you through e-mail by our team.

How to get PWD Contractor license

For participate in these government tenders for construction, maintenance of roads, bridges, buildings etc. every tenderer is required a PWD license to deliver the services to PWD department in Rajasthan. 

Classes of PWD License:

Class wise Registration fee and security deposit for PWD license:

The government fee/ challan and the security deposit amount is vary depending on PWD license class which are as under:

Time period for obtaining the Contractor license from PWD:

• Document Required for PWD License:

  • KYC of applicant (PAN, Aadhar, Photo etc.)
  • GST Registration certificate
  • Affidavit of close relatives of the owner
  • Two work completion certificates in last 3 years which TDS is reflecting in 26AS.
  • Latest CA certified ITR, Computation, Balance Sheet, P&L.
  • Latest certified GSTR3B returns
  • Firm address verification by police station/ post/ Sarpanch etc.
  • List of Machinery, Plant etc. with documents and working manpower details on stamp of Rs. 50.
  • Affidavit regarding GST on a stamp of Rs. 50
  • Undertaking by a CA
  • Bank confidential report in specific format.
  • Any other documents as per requirements.

FSSAI Registration

The below persons mandatory to have FSSAI registration

• Food Business Operators, i.e., wholesaler, retailer, supplier, restaurant, dhaba, hotel, canteen, club, or any other premises engaged in the food business.
• Cottage industries associated with food products.
• Vegetable oil/cooking oil processing units/factories/refineries, also including oil expeller systems.
• Dairy, Milk Chilling Units, Milk collection, distribution units, dairy booth etc.
• Milk related items producing units like paneer, Cheese, mava factories, etc.
• Units involved in meat processing, marketing, and distribution activities.
• Cold storage units and other food storage units.
• Caterers involving in catering-related services, including catering services to Railways, Airlines, Airports, Defence, seaports, etc.
• Every unit is involved in processing and production of food items to further import/export.
• All food/masala, processing/packaging & distributing units.

What type of FSSAI license should be required?

• FSSAI Basic Registration
  When a food operator’s business is small-sized, a start-up, and has an annual turnover of up to Rs. 12 lakh per annum, they can get FSSAI Basic Registration.
  
  
• FSSAI State License
  If the business turnover is more than Rs. 12 lakh and up to 20 crore per annum, this type of business should obtain an FSSAI state license.
  
  
• FSSAI Central License
  It is required when the food operator's business has a turnover above 20 crore per annum and also required when the FOBs supply the food to government offices and are involved in the import/export of goods.

Procedure to get FSSAI License

• STEP 1
  Just fill up the query form and submit it.
  
  
• STEP 2
  Our representative asked to submit the required documents through e-mail.
  
  
• STEP 3
  Our expert CA/CS/lawyer will complete your FSSAI license application and submit it to your local FSSAI office.
  
  
• STEP 4
  Our expert CA/CS/lawyer will complete your FSSAI license application and submit it to your local FSSAI office.

Validity of FSSAI License

Documents required to get FSSAI License

• Declaration Form
• Authority Letter
• Food Safety Management System
• Address Proof of business (Electricity bill + Rent agreement/property ownership document.
• ID proof of the proprietor/partner/director, which may be Aadhar Card/Voter ID Card etc.
• Company board resolution letter to nominate a person.

FSSAI Food License Requirement

• Dedicated team
  We have a dedicated team of experts: chartered accountants, company secretaries, and lawyers to process your error-free application.
  
  
• Best Consultancy
  Our team provides the best consultancy to choose an applicable license.
  
  
• Time Value
  Our team respects your time and provides the fastest service ever.

A trademark is a word, symbol, name, number, logo, sound, color combination, etc. for different classes as classified and registered with the Controller General of Patent Design & Trade Mark, Ministry of Commerce & Industry, Government of India. It is regulated by the Trademark Act of 1999. Trademark registration and its rights to use are intellectual property.
Trademark registration is obtained to protect rights to use of specific word marks, symbols, logos, etc. by unauthorized persons.

It is highly recommended to protect your hard-earned brand value/quality/image, etc. To build your brand, the first thing to do is protect it from unauthorized use by another person.  

After applying for a trademark, the applicant can use the symbol as "TM," and after the completion of the trademark registration process, the applicant can use the symbol as "R." It is valid for 10 years; before the expiry of the 10-year period, it may be further renewed for the next 10 years. You may just apply it through your query form, and our experienced CA/CS/Layer will work for you for consulting, applying, and registering your proposed trademark. Our team will further assist you till the final registration is done.

What is a trademark?

What is registration of a trademark?

What are the benefits of a registered trademark?

• Protection to use by other persons: If you get the registered trademark, you are the only person who can use the particular name, brand, or logo, and without your permission, nobody can use the same registered trademark.
• Getting a distinction of product or service: After getting a trademark, products and services supplied in your brand name will be distinguished from other competitors. You can prevent the copying or use of your brand without your permission.
• If you get the trademark registered, you will also reserve the trademark name for incorporating a company under company law.
• Help to protect the use of your brand name on e-commerce platform like Amazon, Flipkart etc. And save your customer's review on your listing and also prevent the mapping of your product listings to use by others.
  
  

How to get trademark registration through our company?

It’s very easy and simple to get trademark registration through B.L. Sharma & Co.; now the processing to get trademark registration is online. Just file the query form; our assistant will connect to you to get the more required documents & information regarding your product or service to find the proper class in which the application should be filed.

STEP 1

Our Assistant will take a time to search the availability of your proposed name, logo, etc. In your product/service class, this is the crucial step to apply in proper class to protect your mark for your product or service. Our team will work for you and prepare a trademark search report before applying and consult with you. They will apply to get a registered trademark. Our registered trademark attorney professional will apply your application with a digital signature and pay the govt. Fee.
We will share the application submission acknowledgement through mail for your kind reference.

STEP 2

TRADE MARK EXAMINATION REPORT

The trademark registrar will exanimate your filed application, name, logo, etc. Within 3-12 months of submission of the application and assurance of the application, name, and logo as per the Trade Mark Act, 1999, or not.

If he finds any discrepancy/objection, he will communicate with you to submit the reply with the required information/documents. You may consult and submit it through our team of trademark professionals.

Step 4

OBJECTION TO TRADEMARK REGISTRATION BY OTHER PERSON/COMPANY

After advertising your trademark in step 3, if any person/business entity/company has an objection, then they will file the objection within 4 months of publication of your trademark in the Trade Mark Journal of India.

If no objection is received from the other person/entity or the filed objection is cleared, the registrar of trademarks will issue a trademark registration certificate, and it will be valid for 10 years from the date of filing.

You may further communicate with us to know the application processing status; our team will always be ready to serve you.

What are the documents and information required to file a trademark application?

(A) below-mentioned documents are required to complete the trademark application.

• Applicant PAN card copy
• Another ID for address proof may be your Aadhar Card, Driving License, Voter ID Card, Passport etc.
• Registration certificate if the application in the name of a firm/company/LLP, etc.
• Signed authorization letter in the name of the attorney professional (The format will be provided by us)

(B) Below information required during filing of a trademark application

• Brand information: The brand name, logo, and sign of your product or service, which you want to get registered under the Trade Mark Act, 1999.
• Business category: it may be Trader/Manufacturer/Service provider
• Goods or service information: The core things for getting registration of a trademark are that it should be applied for the specified class of goods or service; to identify the proper class, you should provide the brief information about your goods/service.
• Your registered place to receive any communication from the registrar of trademarks.

Procedure to Get a Trademark:

• After provide the documents and payment of the fee, the process for getting a trademark is as below
• Trademark search in proper applicable class
• Apply for Trade Mark registration and pay the government fee
• Trademark issuing authorities will scrutinize the application and issue his own search report
• Publish the trademark for an objection
• If no object is received from any party, the issuing authorities will issue the trademark registration certificate.

An ISO certificate-holding business owner always makes a quality image with their products and services in the consumer/client's mind. Now the ISO certificate also increases the prequalification ranking in the participation of tenders. The tenderer companies give priority and score to ISO-certified bidders.
An ISO certificate is issued by a non-government, independent international organization to ensure the quality, safety, standard, management system, processing, etc. relevant to a product or service.
Now, the obtaining process of an ISO certificate is very quick and easy through our company; our experienced and qualified team always works for you and promises to provide the best, in-time services, consultancy, and, of course, an ISO certificate also.

The types of ISO certificates are as below:

• ISO 9001:2015: It is mostly a usable ISO certificate; it’s issued for an organization's quality management system.
• ISO 14001:2015: It is also mostly demanded ISO certificate; it is issued for environmental management systems, irrespective to size of organization.
• ISO 45001:2018: This ISO certificate is issued for an occupational health & safety management system; this certificate is issued for the prevention of loss time injury and providing a safe and healthy workplace for employees.
• ISO 29990:2010: This certificate is obtained for learning services for non-formal education and training. It’s provided to non-formal education, training, and development learning service providers.
• ISO 15001:2010: This certificate is issued to ensure oxygen compatibility of materials, components, devices, etc. for anesthetic and respiratory applications.
• ISO 50001:2011/15: This ISO certificate is taken for the energy management system.
• ISO 16372-1:2012: This ISO certificate is taken for the energy management system. This ISO certificate is obtained with compliance for fire safety engineering and norms.

Other related ISO certificates

• HACCP: for complying Hazard Analysis Critical Control Point
• ISO 27001:2013: Issued for an information security management system.
• ISO 20001:2016: Issued for Information Technology
• ISO 13845:2016: Obtain to comply with the Medical Devices Quality Management System.
• ISO 16949:2009: Relevant for the automobile industry QMS.
• ISO 20121:2012: Event Sustainability Management System.
• ISO 19001:2011: It’s required to follow guidelines for audit management systems.
• ISO 31000:2018: It’s applicable for Risk Management
• CE Mark: It shows that the CE-marked product fulfills all requirements set by the harmonized European standard and meets the essential health and safety requirements. If you are planning to sell your product in European countries, you are required to get the CE mark.

Documents Required for ISO Certificate:

• Pan Card Copy
• Passport-size Photograph
• Aadhar Card Copy
• Name, address, etc., and nature of business
• 3 copy of sales/purchase bills

Time to Get ISO Certificate

Now, the ISO certificate is issued in a very quick and easy way; it may take around 3-7 working days, according to the type of ISO certificate, after receiving all documents.

Mukhyamantri Laghu Udhyog Protsahan Yojana (MLUPY)

Mukhyamantri Laghu Udhyog Protsahan Yojana (MLUPY) is launched by Rajasthan state government to encourage and improvement of establishments and also to increase the number of employment  in the State of Rajasthan. Through this scheme the Rajasthan state government bear a interest upto 8%  on amount financed by the banks to establishments.

Hence a loan in the nature of Term Loan or a Credit facility both are eligible to get susbsidy on the part of interest. The finance must be taken from any nationalized bank, private sector banks, schedule small finance bank, reginal rural bank, Rajasthan Financial Corporation and SIDBI are eligible.

How much the benefits covered under this scheme:

*The subsidy on interest amount is received upto 5 years.

**Collateral security not required if the loan amount is upto 10 lakh.

Who is eligible under MLUPY scheme?

Applicant must be an individual/ self-help group/ society/ partnership firm/ LLP/ Company.

• Any new established unit.
• Any existing unit wants to expansion / diversification/ modernization projects.

Hence pre-established and newly established both type of units are eligible to get finance and benefits under this scheme.

What is the maximum loan/project size eligible under MLUPY scheme?

• For NEW Manufacturing OR Service unit the maximum allowable project size under MLUPY scheme is Upto INR 10 Crore.
• For NEW Trading unit the maximum allowable project size under MLUPY scheme is Upto INR 1 Crore.
• Under Expansion/ diversification/ modernisation  category the maximum project site allowable under the MLUPY Scheme is upto INR 1 Crore only.  
  
  

What is the purpose of project loan under MLUPY scheme?

• The project loan should be use for the purpose of land-building, plant & machinery, work shed, furniture, equipment, row material etc. 
• But if the land is the part of the project cost then it will be considered maximum upto 25% of the total project cost.

What is the ratio of Term Loan and Working Capital Loan under MLUPY?

If the unit belongs to Manufacturing or Service category then:

• The CC Limit (Working Capital Loan) shall not be more than 40%
• The Term Loan portion should be minimum 60% of the project cost. 

If the unit belongs to Trading category then:

• The CC Limit (Working Capital Loan) shall not be more than 75%
• The Term Loan portion should be minimum 25% of the project cost.

Documents required to get benefit under MLUPY Scheme:

• Photo of applicant
• Aadhar Card/ Jan-aadhar
• Education qualification certificate
• Project Report (prepared by our experienced team)
• Cast Certificate
• Experience certificate (required for preference)
• Last three years ITR (if available)

Process to get loan under MLUPY Scheme:

• STEP 1
  Post Your Query
  
  
• STEP 2
  Send documents through e-mail
  
  
• STEP 3
  Your project report and other documentation preparation work will be completed by our experts.
  
  
• STEP 4
  After properly completion of your application they will apply and follow up to DIC Govt. Office to approve your file.
  
  
• STEP 5
  After getting the approval of your submitted file from DIC Office, your file will be further forwarded to your proposed bank.
  
  
• STEP 6
  The bank will check all formalities, your credit potential and projection viability then your file will be processed finally and disbursed the loan amount.

Prime Minister Employment Generation Programme

The Prime Minister Employment Generation Programme (PMEGP) is a central government notified scheme to generate the maximum employment in private sector by establishment of new units under Service Sector and Manufacturing Sector. In this scheme government forward newly establishment units loan files through it’s nodal agencies KVIC, KVIB & DIC to applicant’s preferred bank. After completion of own due diligence the bank is give a finance under this scheme in nature of term loan and/or Cash Credit limit.

The scheme is empozered by Ministry of Micro, Small and Medium Enterprises (MSME).

Object of PMEGP Scheme:

The main core object to the scheme is to improve employment in rural and urban areas by encourage entrepreneurship to setup a new units of manufacturing and service. The main object is also showing in the name of the scheme i.e. “Employment Generation.”

Who is eligible under this scheme?

How much loan you can get under PMEGP?

(a) In case of manufacturing unit you may get finance upto 23.75 lakh (if OBC, ST, SC, category) and upto Rs. 22.50 Lakh if you are in general category.

(b) In case of Service Sector unit you may get finance upto Rs. 9.5 lakh (if OBC, ST,SC category) and upto 9 lakh if you falls under general category.

Condition To Get Subsidy Under PMEGP:

The main condition to get the subsidy under PMEGP is the business must be run upto 3 years after it’s commencement of business and after successfully run the business continue for the period of 3 year and providing the prescribe number of employment under your enterprises as per your sanctioned finance the Subsidy amount will be adjusted against your loan outstanding amount.

Documents required for application under PMEGP scheme:

• Aadhar Card
• Pan Card, Photo of applicant
• Project report
• Cast certificate for OBC, ST, SC candidates
• Popullation certificate if unit starting in rural area
• Ration card for showing number of dependents on applicant
• Last three years ITR (if available)
• Personal insurance (if any)
• Income Tax Return (if available)

Eligibility For Loan Under PMEGP Scheme:

• Step 1
  Any Individual having minimum age of 18 year
• Step 2
  The applicant must have minimum 8th class education for a project cost of Rs. 10 for Manufacturing unit and Rs. 5 Lakh for Service unit.
• Step 3
  Any registered society registered
• Step 4
  Self-help group of persons
• Step 5
  Charitable trust

Rajasthan Investment Promotion Scheme 2022 (RIPS-2022)

Dr. Bhimrao Ambedkar Dalit Adivasi Udyami Protsahan Yojana 2022 (BRUPY)

OBJECTIVE OF THE BRUPY SCHEME:

OPERATIONAL/EFFECTIVE PERIOD OF BRUPY SCHEME:

ACTIVITIES INCLUDED IN THE BRUPY:

ELIGIBILITY CRITERIA UNDER BRUPY:

• Who: Be a native of Rajasthan. Whose age is more than 18 years at the time of application.
• Should not be employed in central or state service or central/state institutions.
• In case of partnership and LLP firms, cooperative society, and company, 51 percent of ownership is held by SC/ST persons.
• The applicant should not be a defaulter in repayment of loans taken from banks/financial institutions in the past.
• The applicant should not be declared mentally unsound and insolvent.
  
  

PROJECT COST/SIZE UNDER BRUPY:

FUNDING STRUCTURE UNDER BRUPY:

• Manufacturing Enterprises:  Minimum contribution 10% and maximum loan 90%
• Service Enterprises: Minimum contribution 10% and maximum loan 90%
• Business Sector:  Minimum contribution 15% and maximum loan 85%

• Plots will be allotted to SC/ST entrepreneurs in industrial areas of RIICO on the basis of the reserve rate for allotment in place of the auction system currently being run for allotment of land.
• The fixed limit of plots to be allotted to entrepreneurs of these classes will be increased from 2000 square meters to 4000 square meters.
• The limit of reservation payable in the allotment of plots to these categories of entrepreneurs at present will be increased from 5 percent to 6 percent.
• Full waiver of interest will be given on the installments of the due amount of land allotment.

• The minimum investment prescribed in various thrust sectors to the border will be reduced to 50 percent.
• 100 percent SGST reimbursement will be done for 7 years.
• 100 percent concession will be provided in land conversion charges.
• 100 percent stamp duty exemption on land purchase, lease, and loan documents, in which a 75 percent stamp duty exemption will be given initially and a 25 percent stamp duty deposit by eligible industrial units will be recharged on commencement of commercial production.
• The maximum limit of grant subsidy under the scheme will be up to 200 percent of the EFCI (eligible investment).

• Process to get loan under BRUPY Scheme:

  
  
  • STEP 1
    Post Your Query 
    
    
  • STEP 2
    Send documents through e-mail
    
    
  • STEP 3
    Your project report and other documentation preparation work will be completed by our experts
    
    
  • STEP 4
    After proper completion of your application, they will apply and follow up with the DIC Govt. Office to approve your file.
    
    
  • STEP 5
    After getting the approval of your submitted file from the DIC office, your file will be further forwarded to your proposed bank.
    
    
  • STEP 6
    The bank will check all formalities, your credit potential, and projection viability; then your file will be processed finally and disbursed the loan amount.

DEBT RECOVERY BY MSME UNIT UNDER MSMED ACT, 2006

DEFINITION OF MSME UNITS:

Microenterprises:

• The money spent on machines or equipment is less than one crore rupees.
• The total sales or turnover of the business is less than five crore rupees.
  
  

Small Enterprises:

• The money spent on machines or equipment is less than ten crore rupees.
• The total sales or turnover of the business is less than fifty crore rupees.
  
  

Medium Enterprises:

• The money spent on machines or equipment is less than fifty crore rupees.
• The total sales or turnover of the business is less than two hundred and fifty crore rupees.
• These rules became effective from July 1, 2020.

Section 2(b) of the MSME Development Act, 2006:

• the day of the actual delivery of goods or the rendering of services; or
• where any objection is made in writing by the buyer regarding acceptance of goods or services within fifteen days from the day of the delivery of goods or the rendering of services, the day on which such objection is removed by the supplier;

Section 2(d) “buyer” means whoever buys any goods or receives any services from a supplier for consideration;

PAYMENT RECOVERY OF MICRO AND SMALL ENTERPRISES:

Section 15: Liability of buyer to make payment.

Section 16: Date from which and rate at which interest is payable.

Section 17: Recovery of amount due

Section 18: Reference to Micro and Small Enterprises Facilitation Council.

Section 19: Application for setting aside decree, award, or order:

Section 20: Establishment of MSME facilitation council

Section 22: Requirement to separately specify unpaid amount with interest of MSME units in annual statement of accounts.

• the principal amount and the interest due thereon (to be shown separately) remaining unpaid to any supplier as at the end of each accounting year;
  
  
• the amount of interest paid by the buyer in terms of section 16, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year;
  
  
• the amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under this Act;
  
  
• the amount of interest accrued and remaining unpaid at the end of each accounting year; and
  
  
• the amount of further interest remaining due and payable even in the succeeding years until such date when the interest dues as above are actually paid to the small enterprise, for the purpose of disallowance as a deductible expenditure under section 23.

Section 23: Interest not to be deductible from income of supplier.

Section 24: Overriding effect

Section 28: Jurisdiction of courts

BENEFITS OF FILING THE CLAIM UNDER THE MSME DEVELOPMENT ACT, 2006: 

• The MSME unit can file the suit under a nominal fee, whereas in a civil suit, the civil court fee is very high in various states. 
• The MSME facility counsel in each state plays the role of arbitrator and judiciary also.
• If the buyer is required to file an appeal against the order/decree/award of MSME facility counsel, he must be required to deposit 75% of the decree amount before filing the appeal.

PROCESS TO FILE CLAIM UNDER MSME DEVELOPMENT ACT, 2006

• STEP 1
  Post Your Query
  
  
• STEP 2
  Send your all relevant documents through e-mail
  
  
• STEP 3
  Provide the other required documents/clarifications, etc.
  
  
• STEP 4
  Our team will study your case deeply and file it with the respective MSME facility counsel.
  
  
• STEP 5
  Appeal with the MSME facility counsel and present the case and other relevant documents to the authorities.
  
  
• STEP 6
  Get the decree, award, or order from MSME facility counsel and get released from the dues.