Intellectual Property Right

Trademark Registration

Trademark is a unique kind of Logo or sign which distinguishes your brand in the Market and creates a premium impression in the mind of the customer. Trademark can be represented in Design, Symbol, word, mark etc and its registration in concerned Authority creates an exclusive right to use that symbol for your premium idea of business.

The Registration of a trademark enhances the goodwill and face value of the business. Trademark is legally recognized as Intellectual Property and its infringement is protected by TRADEMARK Act 1999. Trademark creates a particular kind of brand sign which is easily noticeable by the customer in one look. Like CN represents to cartoon Network and tick sign for NIKE etc. 

GST Registration

GOODS & SERVICE TAX REGISTRATION:

ABOUT: GST stands for Goods & Service tax, it’s an indirect tax. This has replaced much indirect Tax in India since its inception. it is mandatory for a business that has a turnover of above Rs.40 lakh to register as a normal taxable entity. The turnover is Rs.10 lakh for businesses that are present in hill states and North-Eastern states.

There are three taxes applicable under this system: CGST, SGST & IGST.

• CGST: It is the tax collected by the Central Government on an intra-state sale (e.g., a transaction happening within Maharashtra)

• SGST: It is the tax collected by the state government on an intra-state sale (e.g., a transaction happening within Maharashtra)

• IGST: It is a tax collected by the Central Government for an inter-state sale (e.g., Maharashtra to Tamil Nadu). If businesses are operating from more than one state, then businesses will have to take separate registration for each state businesses are operating from.