Certificates
FSSAI
The FSSAI certificate, also known as the FSSAI license, is issued to food business operators (FBOs) in India to ensure they comply with the food safety and standards regulations. The certificate contains several important details about the food business and the scope of the license.
MSME
MSME stands for Micro, Small, and Medium Enterprises. These are enterprises classified based on their investment in plant and machinery (for manufacturing enterprises) or equipment (for service enterprises), and their annual turnover. MSMEs play a vital role in the Indian economy by contributing significantly to employment, GDP, and exports.
GST
Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax that is levied on every value addition in India. It was introduced on July 1, 2017, and it replaced a multitude of indirect taxes previously levied by the central and state governments. GST aims to create a single, unified Indian market to make the economy stronger and more efficient.
IEC
Import Export Code (IEC) is a key business identification number required for the import/export of goods and services in India. It is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. Obtaining an IEC is mandatory for any business that wishes to engage in international trade.
