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Goods & Service Tax
GST (Goods And Service Tax) is the product of the biggest tax reform in India which has tremendously improved ease of doing business and also increasing the taxpayer base in India by including millions of small businesses. Tax complexities would be reduced due to the abolishing and subsuming of multiple taxes into a single, simple system. One India - One Tax System
The new GST regime mandates that all entities involved in buying or selling goods or providing services or both are required to register and obtain GSTIN. Registration is mandatory once the entity crosses a minimum threshold turnover or when an individual starts a new business that is expected to cross the prescribed turnover.
A trademark is a word or symbol used by a business to distinguish its goods or services from other competitors. A trademark application can be filed by any person or legal entity. The person or legal entity can also be a foreigner or foreign entity. Further, trademark applications can also be made for marks that are proposed to be used by the applicant in the future. Before beginning the trademark registration process, it is essential to check if an identical or similar mark is registered by any other person to avoid any litigation. Our DIBS Expert Consultant can help you easily complete a trademark search and provide advice on the classes under which the trademark registration should be made.
Registering a trademark provides legal protection against misuse of any business name or brand or logo by a competitor. A registered trademark grants the trademark owner exclusive nationwide ownership of the mark under the Indian laws. A trademark registration will be valid for 10 years from the date of application. Before or at the end of 10 years, the trademark owner can easily renew their trademark by filing for renewal.