Frequently Asked Questions

A.    IEC
B.    Purchase ordre/ Invoice/ Bill of Lading
C.    Pollution Certificate(for Manufacturing/Recycling Unit)
D.    Aadhar card and Pan card of Authorized Person
E.    Mob no and Email Id
F.    Product description

1. Export- For each application for the issuing of the authorization, a thousand rupee registration fee must be paid electronically using the online system.
2. Import- For each application for the issuing of the authorization, an electronic registration charge of INR 1 per thousand, subject to a minimum of INR 500/- and a maximum of INR 1 Lakh on the CIF amount of the authorization, must be paid through the online system.

1. Import- The authorization for restricted imports is good for imports for a period of 18 months after it is issued.
2. Export- The 24 months that follow the date of granting of the restricted exports authorization are when the authorization is valid for export.

Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET) regulations in India need registration. To register, you must normally complete a checklist that is provided by the appropriate government entity, which is usually the Directorate General of Foreign Trade (DGFT). This is a broad inventory that might be useful:

1. Application Form- Get the correct SCOMET registration application form from the DGFT office or website.
2. Documentation:- The ensuing paperwork is necessary for registration.

• --  IEC
• --  UID and PAN of Authorized Person
• --  PO
• --  End user certificate
• --  Channelization of Product Movement
• --  Last 3 years turnover

1. SCOMET Category - Find out which particular SCOMET category your technologies or products come into. Make sure the things you sell adhere to the rules.
2. End Use Statement-Give a detailed end-use statement outlining the export items' intended use and destination.
3. Export Control Classification Number- Get the Export Control Classification Number (ECCN) if it applies to your products. This facilitates determining the degree of control necessary for export.
4. Technical Information- Give particular technical information about the goods you plan to export.
5. Compliance Requirement- Declare that you are in conformity with all applicable export control laws and SCOMET requirements in your compliance statement.
6. Registration Fees: As stipulated by the DGFT, pay the relevant registration fees.
7. Submission: Send the filled-out application form to the DGFT office together with the necessary paperwork.
8. Review and Approval: Watch for the DGFT authorities' review procedure. After reviewing your application, they could ask for more details if necessary.
9. Registration Certificate: The DGFT will issue you a registration certificate if your application is approved, enabling you to export SCOMET articles.

To prevent any legal problems pertaining to export control, it is imperative to make sure that all SCOMET rules are fully complied with and that the DGFT instructions are rigorously followed. Furthermore, since rules might change over time, it's a good idea to see what the most recent needs and updates from the appropriate authorities are.

The Import, Export & SCOMET Policy in the Regulatory Updates part of the DGFT website at http://dgft.gov.in/CP/ has the list of "SCOMET" products.

Penalties under the FTDR Act will apply if any of the SCOMET articles are exported without the required license.

For each application for the issuing of the authorization, an electronic registration cost of INR 1,000 must be paid using the online system.

The valdity of the SCOMETRegistration is 24 months, after which it is to be renewed. 

GST means Goods and Services Tax. It is a unique identification number allotted to a business entity for paying the applicable taxes on the goods sold and services delivered by it or goods bought and services hired by this entity. 

To apply online for GST certificate, please visit the official website, you are required to fill in your details, including PAN card number and Bank details. You are also asked to upload your documents such as UID number, address proof etc. After the verification of these documents, a unique GST number is issued and the GST certificate is emailed to the applicant.

You are required to visit the official Government website, you will get the option of new GST application, modify earlier application or cancel the GST certificate issued earlier.

There is no Government fee for GST Registration and the applicant does not need to spend any money for GST registration, though any private individual/entity hired for GST Registration Certificate may charge a nominal amount.

After the complete application is filed, it may take 20-30 days for the issuance of GST certificate. 

GST return is a statement that includes all the details of your purchase, sales, tax paid on purchase (input tax), and collected on sales (output tax). A GST certificate holder is required to file a GST return/filling to pay the resulting tax liability.

To file GST returns of a business, the applicant is required to visit the official Government website for GST Returns fillings. After the submission of unique login id and password, the applicant can upload the details of all the bills issued by the business entity or received by the business entity. 

There is no Government fee for GST return filling except the tax amount to be paid to the Government for the goods and services sold or purchased by the business entity. 

If a business has been issued a GST certificate but the business entity as not yet sold any goods or services and also not bought any goods or services, the GST certificate holder is required to file zero returns, as there is no tax liability for the said business.

Book keeping is the process of recording financial transactions of a business enterprise in a structured manner. The book keepers record each and every financial transaction, whether incoming or outgoing, of cash resources of a company. The book keeping also assists the accounting process of a business entity?