Setting up a business in Bihar-Jharkhand-Legal Formalities and Approval required for starting business in Bihar-Jharkhand

 

 

Various legal formalities have to be complied with by an entrepreneur at the stage of setting up and, at times, at the operational stage of the enterprise.

Some formalities are required to be completed by all categories of entrepreneurs while others by specific categories of entrepreneurs depending upon their industry line, or equipment installed or size of the unit. The various legal requirements are listed as below :

PRE – OPERATIONAL STAGE :

Sl.	Purpose	Concerned Office / Agency	Remarks
1.	Constitution of the Firm- Partnership/LLP Company	Registrar of Firms Income Tax Deptt. Registrar of Companies	Optional Compulsory Certificate of Commencement of Business
2.	E.M Part –I & II as MSME/ unit	DIC, DI	Optional E.M Part- I & II
3.	Commercial Taxes (Central and State)	Sales Tax Office	Registration for Sales Tax Number
4.	Central Excise	Deptt. of Central Excise	Exemption upto Rs. 400 lakhs Turn over
5.	Factory Act, 1948	Factory Inspector’s Office	Units employing over 10 workers only if with power; and over 20 worker without power
6.	Shop & Establishment Act	Local Office of Shop & Establishment Authority	For non-manufacturing activity
7.	Patents & Trade Marks	Trade Mark Registry	Where necessary
8.	Location	Municipal Corporation, Panchayat Office, Industrial Dev. Corpn, Local Development Authority etc.	No objection Certificate
9.	Pollution Control	State Authority/Board	Pollution NOC
10.	Raw Material	MSME DI DIC STC/MMTC Controller of Import/Exports	Quota items Imported Raw Material
11.	Building/Construction	State Industrial Corporation Local Authorit	Approval of Building Plan
12.	Storage of Explosives	Dy. Chief Controller of Explosives Police Deptt. Fire Brigade Chief Inspector of Boilers	Explosive and highly inflammable goods like Chlorate etc.
13.	Erection of Boilers	Chief Inspector of Boilers	For Operative boilers above certain size
14.	Weights/Measures	Inspector of Weights & Measures Deptt.	All weights are required to be verified/stamped before use
15.	Electronic Items
16.	Drugs Allopathic Ayurvadic Siddha Unani Homeopathic	State Drugs Controller	Clearance for Drugs and Cosmetic
17.	Meat Food	Sr. Marketing Officer Directorate of Marketing and Inspection Ministry of Rural Reconstruction	Licence under Meat
18.	Fruit Products	Dy. Director (Food & Vegetable Preservation), Office of the Food and Nutrition Board, Ministry of Agriculture	Licence under Fruit Products Order, (FPO)1954 & 1974
19.	Cold Storage (Construction, Expansion, Operation)	Regional Officer, Directorate of Horticulture	Cold Storage Order 1980 and 1983
20.	Food Articles (Manufacture Sale, Storage Distribution)	Local Body like	Clearance under Prevention of Food Adulteration, Act, 1954
21.	Wheat Products	Food Department of State Govt.	Obtaining prior concurrence of State Govt.
22.	Rice Mills	Food Deptt. of State Govt.	Permit for Rice Mill Constitution (Rice Milling Regulation, 1958)
23.	Power Looms	Textile Commissioner	Clearance for establishing power looms under the Textile (Control Order)
24.	Denatured spirits, methyl and varnish (French Polish)	Prohibition and Excise Deptt.	Licence required for industrial applications under State Rules
25.	Media Printing Press	Distt. Magistrate/Distt. Revenue Officer/Public Authorities	Declaration required to be submitted for running the press/ ministry
26.	Insecticides (Import or manufacture)	Central Insecticides Board and Registration Committee, Directorate of Plant protection quantitative and Storage, NH IV Faridabad – 121001 (Haryana)	Registration for manufactu
27.	Mixed Fertilizers	Director of Agriculture	Registration for preparing mixed fertilizer

 

 

 

Society Registration in Bihar Patna Muzaffarpur | NGO registration consultant| Bihar Society Registration Act | Bihar Patna Muzaffarpur Bhagalpur Gaya Buxar Mokama Jamui |

Bihar Societies (NGO) Registration Act

Bihar Societies (NGO) Registration Act

The British passed the Societies Registration Act in India in 1860. The Act was based on The Literary and Scientific Institutions Act, which was passed in England in 1854.

The main Act is simple enough. However, the states have power (Charitable and Religious institutions fall under state list) to amend the main Act for their own state. Many states have amended the main Act, These amendments cause confusion in section references, such as Section 4A for Bihar is different from section 4A for Goa. Others have passed their own independent Act.

It has proved very complex task to get the latest amendments for each state. Therefore, please reconfirm the information presented here before taking any important decisions.

[Societies Registration Act, 1860 as amended by the State]

Registration

By filing Memorandum of Association and certified copy of Rules and Regulations along with a fee of Rs.10/- (Sec. 3).

All documents to be filed with the Inspector General of Registration, Patna.

The Inspector General will issue a certificate of registration in Form ‘A’. He / she will also send a certificate of acknowledgement in Form ‘B’ by post (rule 6).

Alteration

You can alter the objects of the society, or merge with another society. For this, you have to convene two general body meetings (at interval of one month). Three-fifths of the members have to approve the change (Sec. 12).

Society can also change its name with consent of three-fifths of its members (Sec. 12A). Seven members, including secretary, should sign notice of change. This notice should be sent to Registrar. The change becomes effective when approved by the Registrar (Sec. 12B).

List of Governing Body Members

File it every year within 14 days of annual general meeting. If general meetings are not held, file this in the month of January (Sec. 4). A list showing changes in Governing Body during the year should also be filed. Also file a corrected and certified copy of rules of the Society (Sec. 4A).

Any change in rules of the society should be intimated within 15 days of the change. This should also be certified by at least three governing body members (Sec. 4A).

Accounts

Audited figures of Receipts and Expenditure for each financial year should be approved in a general meeting of the society. This should be filed within three months of end of the year. An activity report should also be filed along with this (rule 10).

Every society should also file a quarterly ‘Return on employment and employee compensation’ in Form – H. The return should be filed within fifteen days of end of each quarter (rule 11).

Dissolution

At least three-fifths (60%) of the general body members have to vote for dissolution of the society at a special meeting. Government’s consent is also required if it is a member or a contributor or interested in the society (Sec. 13).

Disposal of Property upon dissolution

After dissolution majority of members can decide to give the property (left after settlement of all debts and liabilities) to the Government (Sec. 14-A).

Cancellation

Inspector General of Registration can cancel the registration of a society. This can be done if the society moves its office to another state or its activities are against its own objects (Sec. 23).

Others

Any one can see the documents of the society on payment of Re.1. Copies can also be taken (Sec. 19, rules 15 to 18).

We are one of the leading company registration consultant, tax consultants based at Bihar. If you want to file income tax return of your company or business or just itr return of your self, please call us at +91-7050515253, +91-8540099000 or visit us at www.meerad.in

How to Sell on Snapdeal| Procedure to sell on Snapdeal| How to become Snapdeal seller India| How to sell online without huge investment |

 

 

How to sell on Snapdeal

Snapdeal founded by Kunal Bahl and Rohit Bansal is India’s largest online marketplace offering more than four million products across a range of categories from over 50,000 sellers. Snapdeal witnessed record amounts of sales during the recently held sale day, crossing Rs. 1 crore of sales every minute. With more and more people shopping online, ecommerce continues to be one of the fastest growing industries with plenty of opportunities. Selling through online marketplaces like Snapdeal, Flipkart or Amazon can help established businesses quickly find customers without having to worry about technology or marketing. In this article we look at how to sell on Snapdeal and Snapdeal seller registration process.

Selling on Snapdeal – Documents & Registration Required

Before beginning to sell on Snapdeal, the business must first become a Snapdeal Seller by completing the registration process and submitting the required documents. If an established business proposes to sell on Snapdeal, the seller registration process can be completed quickly as the business may have the required tax registrations. On the other hand, if the Snapdeal seller is a new business or if the seller would like to use a new entity, certain tax registrations must be obtained prior to selling on Snapdeal.

Business Registration (May not be required for established businesses)

PAN Card, TIN Registration and Bank Account – in the name of the business is required to complete the Snapdeal seller registration process. Therefore, a Private Limited Company or Limited Liability Partnership (LLP) can be started, if an established business entity is not readily available during the seller registration process. Both Private Limited Company and Limited Liability Partnerships offer the promoters limited liability protection  and are a separate legal entity – that can be scaled or transferred. It is however recommended that ecommerce sellers start a private limited company, as it offers the ability to quickly scale up and also easily access bank or equity funding. LLPs on the other hand have restrictions while raising bank or equity funding, and therefore not recommended.

PAN Card

Permanent Account Number or PAN card copy must be submitted bearing the name of the businesses during the Snapdeal seller registration process. Both, Private Limited Company and Limited Liability Partnerships would have PAN Card in the name of the business. Proprietorship’s would have PAN card only in the name of the Proprietor.

TIN Registration

TIN Registration also known as VAT Registration or Sales Tax Registration is required to begin selling on Snapdeal. TIN registration is required for any person or entity selling goods or services in India – both offline or online. Therefore, TIN Registration must be obtained by applying to the relevant State Authorities prior to selling on Snapdeal. Entities without TIN Registration can only sell handicrafts, books, online education or unstitched fabrics.

Bank Account

A copy of cancelled cheque must be submitted to Snapdeal during the Snapdeal seller registration process. The bank account must be in the name of the business. Private limited companies and LLPs can both easily open bank accounts in the name of the business by submitting certificate of incorporation and PAN card. Opening a bank account in the name of the business is cumbersome for a proprietorship, as existence of the business must be proved through other tax or business registrations. More information about opening a bank account in India.

Snapdeal Seller Registration

To begin the Snapdeal Seller Registration process, visit Snapdeal Seller Homepage. During the seller registration process, information such as name, phone number, email and address will have to be provided and verified. In addition to the demographic information, a copy of the PAN card, copy of TIN registration certificate and a copy of cancelled cheque must also be submitted. Once submitted, the documents and information submitted will be verified and approved by a Snapdeal representative.

To incorporate a private limited company or LLP, visit meeradgroup.in

 

We are one of the leading company registration consultant, tax consultants based at Bihar. If you want to file income tax return of your company or business or just itr return of your self, please call us at +91-7050515253, +91-8540099000 or visit us at www.meerad.in

How to Sell on Paytm| Procedure to sell on Paytm| How to become Paytm seller | How to sell online without huge investment |

How to become a Paytm seller

Paytm backed by the Chinese Alibaba Group and a new entrant into the indian ecommerce market is fast growing backed by the innovative mobile wallet concept. Paytm which started by offering online mobile and DTH recharging services has evolved into a full blown ecommerce website offering a range of goods and services from electronics to bus ticket bookings. With the platform recording strong growth in sales and number of customers, now is the best time to become a seller on Paytm. In this article, we look at the procedure for becoming a Paytm seller and completing the Paytm seller registration process.

Why register as a Paytm Seller?

Ecommerce is witnessing a huge boom in India fueled by discounts and cash-backs. Paytm is the latest entrant into this market already having on board over 10 crore plus customers and 60,000 plus sellers serving 500 plus product categories across 39000 pin codes in India. By becoming a seller on Paytm, the merchant need not worry about developing and maintaining a ecommerce website; but, rather focus on fulfilling customer order quickly. Further, since becoming a seller on Paytm requires minimal or no investment, anybody could become a seller and gradually scale up.

Paytm Seller Registration

Before starting to sell on Paytm, a seller must first complete the Paytm seller registration process on Paytm’s website. Becoming a Paytm seller is free and the seller registration process takes only a few minutes.

Step 1: Go to Paytm seller registration.
Step 2: Provide your name, phone, email and choose a password for the account.
Step 3: Complete the email verification process.
Step 4: Complete the mobile number verification process.
Step 5: Update business information and address.
Step 6: Provide KYC Documents (More on this below)
Step 7: Approve the terms and conditions.
Step 8: Update your catalog of products
Step 9: Begin selling on Paytm

Documents required for Paytm seller registration

To complete the Paytm seller registration process, the following documents and information are required:

Information & Documents Required

• Name of the Business
  • Private Limited Company / Partnership / LLP / Proprietorship
• Phone number
• Email address
• Address
• PAN number
• PAN card scan copy
• Bank account number
• Account name
• Bank name
• Bank branch name
• Bank IFSC code
• Copy of cancelled cheque
• VAT registration
• In case VAT registration is not available, then the seller must submit a Paytm VAT registration undertaking.
• Scan copy of address proof
  • Electricity bill
  • Bank statement
  • Aadhar card
  • Passport copy
  • Certificate of incorporation
  • Rental agreement

Should I register a company or LLP for becoming a Paytm seller?

Serious sellers or those having an existing business venturing as a Paytm seller can register a private limited company or LLP while becoming a seller. Having a separate legal entity will ensure that the promoters are protected from any liability in case of any litigation. Since, most ecommerce sellers sell to consumers across India, it is recommended that they have limited liability protection.

Is VAT registration required to sell on Paytm?

Yes, VAT registration is required for selling on Paytm. However, in case the seller only wishes to sell unstitched apparels, books and/or handicrafts, then VAT registration is not required. On the other hand, a seller can also begin selling on Paytm without a VAT registration by providing an undertaking to obtain VAT registration. However, Paytm will hold payments to the seller until VAT registration proof is submitted to Paytm.

Becoming a seller on other platforms

The basic documents for becoming a seller on most of the ecommerce platforms are the same. Hence, once a person becomes a seller on Paytm, he/she can also become a seller on Flipkart, Snapdeal and Amazon India to boost their revenue.

 

 

 

We are one of the leading company registration consultant, tax consultants based at Bihar. If you want to file income tax return of your company or business or just itr return of your self, please call us at +91-7050515253, +91-8540099000 or visit us at www.meerad.in

 

 

 

How to Sell on Amazon India| Procedure to sell on Amazon India| How to become Amazon India seller | How to sell online without huge investment |

Amazon India is one of the top online sale platform in India backed by Amazon.com. Amazon.com is the largest internet retailer in the United States and the company has committed an investment of over $2 billion for developing Amazon India. Amazon India was launched in June, 2013 and currently has thousands of businesses on the Amazon India marketplace selling millions of goods. In this article, we look at how to sell on Amazon India and the process for becoming an Amazon India Partner.

Selling on Amazon India

Amazon India provides a tremendous online platform for businesses of all sizes to quickly establish a pan-India reach. The following categories of products can be sold through Amazon India currently: Baby Products, Beauty, Books, Consumer Electronics (including Cameras and Video Games – Consoles), Digital Accessories (including Mobile Accessories, Electronics Accessories and PC Accessories), Home, Jewellery, Kitchen, Luggage, Mobile Phones, Movies, Music, Personal Care Appliances, Personal Computers, Tablets, Toys, Video games (consoles and games), and Watches. Amazon India has promised to add more categories soon.

Selling on Amazon India has a number of advantages unlike developing a new ecommerce website just for your business. When selling through Amazon India, the development and maintenance of the marketplace, logistics handing, payment processing, marketing, etc., is taken care of by Amazon India. On the other hand, if a ecommerce website is launched just for a business, many challenging aspect relating to marketing, logistics handling, technology need to be handled the business in an effective manner to succeed in todays competitive ecommerce space. Therefore for most businesses, it is better to selling on an online platform like Amazon India, FlipKart or Snapdeal. (Know more about: Selling on FlipKart and Selling on SnapDeal).

Amazon India is actively working to increase the number of sellers on Amazon India and recently launched the #EmpoweredByHer campaign to promote Amazon Partner program for women entrepreneurs.

Becoming an Amazon India Seller or Amazon India Partner

To become a seller on Amazon India, visit the Amazon India Seller Signup page and click on the register now button to start the registration process. During the registration process, the Business Entity name, Address and Phone number must be provided.

Business Entity Name

It is highly recommended that selling on any online ecommerce portal be done through a Limited Liability Partnership or Private Limited Company or One Person Company, as these entities are easy to start and provide limited liability protection. While selling online through ecommerce portals, the promoter of a business could be open to litigation or liability from customers / vendors due to a number of issues and therefore important to have limited liability protection. If you are selling through a registered business entity (LLP or Company) then enter the entity name here, else enter the name of the Proprietor.

Address and Phone Number

Provide the registered office address or address of the place ofhttp://www.meeradgroup.in/wp-admin/post-new.php business in the place provided. The phone number provided can be a mobile number as SMS or Voice Call verification would be required.

VAT or CST Registration Information

Only for sellers selling books and other products not covered under VAT, VAT Registration is not required. For all other sellers selling any product for which VAT is applicable must furnish VAT and CST number to start selling on Amazon India. IndiaFilings can help you obtain VAT and CST Registration.

Bank Account Information

The following information pertaining to the bank account of the business must be furnished to Amazon India to complete the Amazon India Partner registration process:

• Account Holder Name
• Bank IFSC Code
• Bank Account Number
• Account Type

Once the above information is furnished to Amazon India and a mandatory Amazon Partner Quiz is completed, you can begin selling on Amazon India. Detailed information relating to listing of products and management of listings is available through Amazon India Seller dashboard. If you would like to register a company for selling on Amazon India or would like to know more information, visit www.meeradgroup.in

We are one of the leading company registration consultant, tax consultants based at Bihar. If you want to file income tax return of your company or business or just itr return of your self, please call us at +91-7050515253, +91-8540099000 or visit us at www.meerad.in

 

 

 

How to Sell on Flipkart | Procedure to sell on Flipkart | How to become Flipkart seller | How to sell online without huge investment |

How to Sell on Flipkart

E-commerce is booming in India – thanks to shopping portals like Flipkart, SnapDeal and Amazon which has revolutionized the online shopping experience for Indian consumers. Innovative models like cash on delivery and same day delivery backed by low prices has spurred more customer to purchase online, making Flipkart – India’s largest electronic commerce store. Flipkart sold merchandize worth more than USD 1 Billion during the financial year 2013-14 and has a customer base of over 2.6 crore registered users. Flipkart currently ships over 50 lakhs shipments each month and generates over 80 lakh daily page visits. Therefore, there is tremendous business opportunity for those who sell on Flipkart by becoming a Flipkart seller. In this article, we look how to become a Flipkart seller and sell on Flipkart.

How to become a Flipkart Seller

To sell on Flipkart, a person or business must become a Flipkart Seller by signing on with Flipkart. The process for signing on as a Flipkart Seller is easy and can be started from the Flipkart Seller homepage. A person or business can signup as a Flipkart seller by providing information about the business and the products the seller proposes to sell through Flipkart. Some of the details that must be provided and verified during the Flipkart Seller registration process include:

• Name
• Email address
• Phone number
• Pickup address / business address
• Categories of product the business is interested in selling through Flipkart
• Business registration documents
• Tax registration documents

Business Registration

In addition to the basic information about the seller, the following business related information and documents must be submitted to Flipkart during the Flipkart seller registration process. Some of the documents to be submitted will vary depending on the type of business registration, as follows:

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 Selling on Flipkart as an Individual or Sole Proprietorship

If an individual decides to sell on Flipkart on his/her own name and legal standing. The business will automatically be perceived to be a Sole Proprietorship business. A sole proprietorship business does not offer limited liability protection to the promoter, is not easily transferable, cannot have investors or partners, not very scalable and has limited capacity to obtain bank loans. Therefore, it is best to avoid becoming a seller on Flipkart using a sole proprietorship entity. In case a sole proprietorship is chosen, the following documents may have to be submitted:

Identity Proof

• Signed declaration on the business letterhead stating that the individual owns and manages the bank account held in the name of the business.
• Statement of bank accounting registered on Flipkart payment gateway.
• Passport
• PAN Card
• Voters ID
• Driving License
• Any other photo identity card
• Letter from a recognized Public Authority or Public Servant verifying identity.

Address Proof 

• Telephone bill (Fixed line) in the name of the Proprietorship firm
• Electricity bill in the name of the Proprietorship firm
• Bank Account Statement in the name of the Proprietorship
• Letter from Employer
• Ration card
• Lease or license agreement
• Letter from a recognized Public Authority or Public Servant verifying identity.

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Selling on Flipkart as a Private Limited Company

Becoming a Flipkart Seller – as a Private Limited Company is one of the most preferable methods of becoming a Flipkart Seller as it provides limited liability protection to promoters, separate legal entity, easy transferability, ability to take on investors or partners and quickly scale-up operations. The following documents must be submitted for a Private Limited Company:

Identity Proof

• Copy of Certificate of Incorporation of Private Limited Company
• Copy of Memorandum of Association
• Company PAN Card

Address Proof 

• Company Telephone bill (Fixed line)
• Company Electricity bill
• Lease or rental agreement

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 Selling on Flipkart as a LLP / Partnership Firm

A Flipkart seller can also be a Partnership Firm. However, it is preferable to register a LLP (Limited Liability Partnership) while signing on as a Flipkart seller as it provides limited liability protection, easy transferability, separate legal entity and other documents required to quickly become a Flipkart seller.

Identity Proof

• Partnership registration or LLP Incorporation Certificate
• Partnership deed
• Power of Attorney granted to a Partner or an Employee of the LLP or Partnership firm to transact business on its behalf
• Any document identifying Partners and the person holding the Power of Attorney with their photographs
• PAN Card of the LLP or Partnership Firm

Address Proof 

• Any official valid document confirming the address of the Partners and the persons holding the Power of Attorney
• Firm/Partner’s Telephone bill
• Firm/Partner’s Electricity bill
• Lease or Rental agreement
• Company Electricity bill
• Lease or License agreement

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 Selling on Flipkart as a Trust & Foundation

Trusts and Foundations can also become sellers on Flipkart. Documents similar to the above documents must be provided in the name of the Trust or Foundation to establish the legal identity of the Trust / Foundation and the address of the Trust / Foundation.

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Flipkart Seller: Tax Registration Requirement

Once the Flipkart seller has decided on and registered a suitable business entity for the proposed business, the following tax registration and bank account in the name of the business or entity will be required:

• Business name
• PAN – PAN Card of the individual or private limited company or partnership
• TIN – TIN Number is also known as VAT Number / Sales Tax Number / CST Number in the name of business
• TAN – TAN is required for Tax Deduction at Source (TDS) – in the name of business
• Bank account name
• Bank account number
• Bank IFSC code

Starting to sell on Flipkart

Once the promoters of the business has provided the above information, documents and registrations, the business can commence selling of its products on Flipkart. Once, the formalities for Flipkart seller account registration are complete, the business can setup the storefront and list products to sell on Flipkart – to start sales.

To become a Flipkart Seller, visit Flipkart Seller Registration page. To start a business or obtain registrations required to become a Flipkart seller, visit www.meerad.in.

 

We are one of the leading company registration consultant, tax consultants based at Bihar. If you want to file income tax return of your company or business or just itr return of your self, please call us at +91-7050515253, +91-8540099000 or visit us at www.meerad.in