Auditor In Tambaram An Importer Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. No export or import shall be made by any person without obtaining an IEC. For services exports however, IEC shall be not be necessary except when the service provider is taking benefits under the Foreign Trade Policy. An individual or a business entity needs a 10 digit code to import or export products or services.
This code is known as Import Export Code or IEC and it is issued by DGFT, Ministry of Commerce and Industries, Govt. of India.Custom authorities need it to clear shipments during imports. The bank needs it to transfer the money when imports are made. Similarly during export the shipments the IEC is required. When exporter is supposed to receive money in foreign currency, IEC code is required to transfer the money to his account directly.
GSTR-9A:GST Composition Scheme under Goods and Services Tax (GST) are required to file GSTR-9A. GSTR 9C is applicable who obtain an annual GST audit of their accounts. GSTR-9C must be prepared and certified by a Chartered Accountant or Cost Accountant. GST audit is applicable for person having GST registration with an annual aggregate turnover of above Rs. 2 crores in a particular financial year. Every food business operator involved in the manufacturing, processing,
storage distribution and sale of food products must compulsorily obtain FSSAI Registration or License. FSSAI Registration is different from FSSAI License in the sense that depending on the size and nature of the business, FBO should obtain the necessary registration or license. FSSAI registration or license is based on the business volume and premises. Depending upon the installed capacity or turnover or location, applicant premises are eligible for the license such as basic license, central license, and state license.
Auditors in Tambaram The FSSAI license is essential to commence the food business, similarly it is imperative to renew the license. The license is issued for a validity of 1 year or 5 years.An improvement notice is if a Food Business Operator fails to comply with the food regulations set in the FSS Act, 2006. An improvement notice can be issued by a Designated Officer (DO) of the food safety department. Obtaining a license can provide the food business with legal benefits, build goodwill, ensure food safety, create consumer awareness, and assist in business expansion.
Also it helps regulate, manufacture, storage, distribution and sale of import food. Every banks is required a legal entity proof to open a current bank account. Each shop have to open a separate bank account for the daily transactions as per the RBI Compliance. so on the basis of the shop certificate you can easily open a current business bank account. Each state have a DIC Department which create the policy in the respective state for the all small business. On the basis of Shop License Registration Certificate you can easily avail the government benefits.