GST Suvidha Center Blog

The availability of branded (Generic) medicines in the market is at a significantly more expensive price than un-branded generic equivalents, though they are the same in the remedial value. Given the widespread poverty across the country, making available reasonably priced quality generic medicines in the market would benefit everyone.  What is Pradhan Mantri Janaushadhi Kendra? Through Pradhan  Mantri Janaushadhi Kendra  (PMBJK) the sale of the best generic medicines through different sales outlets is possible.  This campaign was launched by the Department of Pharmaceuticals to provide excellent medicine quality at affordable prices to the masses, at lesser prices but equivalent in quality and effectiveness as compared to expensive branded  drugs .  Features that create a high demand for Jan-Aushadhi Kendra? Quality-Based medicines are available at low cost which creates a sense of satisfaction for the people with low income.  Th...

The Goods and Services Tax (GST) System has successfully replaced many indirect forms of tax and at the same time simplified the Indian Taxation system that was implemented to the supply of goods and services.  GST Registration is compulsory for all trader/business person/entities having turnover above a defined limit. Registering for GST is now easy at   Franchise, a Government-authorized GST Suvidha Provider (GSP) with years of industry experience and availability in Pan India.  The GST Registration Process for Private Limited Firm- To register for GST, a Private limited firm is required to submit the PAN card of the company with additional documents such as Registration Certificate, PAN card, photograph and aadhar card of all Directors, Bank details- a copy of the canceled cheque or bank statement, Address proof of Principal place of business and an additional place of business. The applicant will need to submit his PAN, mobile number and emai...

The  Food Standards and Safety Authority of India (FSSAI)  is the supreme authority which is responsible for regulating and supervising the food safety. It is mandatory for all the Food Business Operators (FBOs) in order to obtain an FSSAI license . A common confusion or a misunderstanding which is among the FBOs is the license which the businessman is required to obtain. FSSAI lays down science-based standards for the articles of food and it also regulates their manufacture, storage, distribution, sale and the import in order to ensure the availability of safe and also wholesome food to 130 crore citizens of the country. The authority is thus also responsible for creating an information network across the country so that the public, consumers, etc thus receive rapid, reliable and also accurate information about the food safety and also hygiene and the related issues of concern. Three different types of food licenses which are: 1. Central License 2. State Licen...

AEPS promotes cashless transactions with the help of bio metric verification. According to NPCI, which runs the platform, bio metric -based transactions grew by 10% to 208 million transactions in October 2019 from 189 million in April quoted by Economic Times.  Now can you think of the business opportunity it has created? This System demands low investment and provides a high earning chances so now let's learn about it! What is AEPS? Aadhaar Enabled Payment System  (AEPS)  is a type of payment system that is based on the Unique Identification Number and allows Aadhaar cardholders to seamlessly make financial transactions through Aadhaar-based authentication. How is it helping? AEPS has a very great impact on every part of the society that serves common people such as financial, banking, etc because due to this transferring funds gets easy, deposit and withdrawing cash becomes clear, making payments gets easy and many such facilities.  It also main...