Sales Tax

Penalty for Selling Goods or Providing Services of false trademark

Penalty for Selling Goods or Providing Services of false trademark This Article prescribes penalty for selling goods or providing services to which false trademark or false trade description is applied. The penalty proposed is the same as sought to be provided for an offence in clause 103. In this clause, the court is also empowered to award a lower sentence of penalty for adequate and special reason to be mentioned in the judgment. Comments The section prescribed penalty for selling…

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SSI Registration and MSME Registration in Coimbatore

SSI Registration  SSI stands for Small Scale Industries. Registering an organization as an SSI will rise the organization to various benefits. A brief account of SSI registration, procedures and benefits are following. MSME Registration MSME is a acronym of Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the country’s economy level. The MSME sector grants to 45% of India’s Total Industrial Employment, 50% of India’s Total Exports and 95% of all industrial…

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What are the important things to know about Sales Tax?

Here, we are going to discuss few concepts about the important of sales tax process in a simpler manner. Important things of sales tax: Trade has fashioned an integral part of world history, shaping the globe in a different form. It’s arduous to imagine the world without any trading, be it about products or services. To seeking a new trading partner via embarking to different countries, which will eventually change the whole demography of earth. Paperwork to deal with: Generally, if you…

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What are the types of sales tax registration in India?

 Learn what is sales tax and to know the different types of sales tax registration that you may pay. Here we are going to discuss the types of sales tax registration in India. What is meant by sales tax? The people thrives and survives on trade and governments across the globe have found a way to use trade. Sales tax is the one which is an indirect form of collecting money at the time of purchasing and exchanging of goods. It’s not simply a revenue which…

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