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Benefits of BIS Standards?
- Cost reduction through standardization
- Product safety and liability
- Benefits for the economy as a whole
- Safety, Health & Environmental Protection
- Removal of Trade Barriers
- Trade & Competitive advantage through standards
- Compatibility & Interchangeability
- Consumer Protection
Calculation of actual marking fee in BIS License certificate
(a) For the payment of marking fee on actual basis before the end of the each operative year, firm shall submit the production statement of goods bearing standard mark for the period of last three months of previous operative year and first nine months of current year.
(b) Where volume of production is high, licensee may be directed to pay actual marking fee on quarterly basis.
(c) Production statement(s) of the licensee shall be obtained on the letter head of the chartered accountant/cost accountant (CA) indicating its membership number along with name of the unit, address and actual quantity produced for the said period.
FinTax Corporate Professionals LLP – India’s leading BIS Licensing Service Provider Imported Goods in India. Call us +91-7210000745. Know all Imported products which covered under Compulsory Registration Scheme as if Indian Products. Imported LCD, Electrical products, Batteries, Steel products, Medical Equipment, Automobile Parts, Cements, IT Products, Electronics Products, Tyres, Motors. BIS License Imported from China.
Licence may be considered for renewal for a period of minimum one year and upto five years on the request of the licensee, depending upon whether the application fee, licence fee, advance minimum marking fee and dues, if any, has been paid for requested duration along with the renewal application. For example, if the renewal has been requested for five years, licensee is required to submit licence fee and advance minimum marking fee for five years. The renewal of licence shall be endorsed as per Form - XIII.