There are numerous benefits to the organization owning the trademark registration:

(1) the business entity will be capable of licensing or assigning the mark;

(2) since trademarks are quantifiable assets, It can add significant value to the business;

(3) trademarks can be accepted as security interests in financial transactions;

(4) successfully registered marks can be utilized in business negotiations; and

(5) the company will have the position to execute its trademark rights.

As per the latest tweet of GSTN Tech (@Infosys_GSTN) dated 21^st July, 2020, it is informed that the functionality to file GSTR-4 (Annual Return) is now available on the common portal.

Form GSTR-4 is a return that has to be filed by a composition dealer on an annual basis by 30th of April, following a financial year with effect from 1^st April, 2019.

Ministry of Finance vide Press Release dated July 15, 2020, has issued a clarification on the issue of GST Rate on Alcohol-based Hand Sanitisers.

This clarification seeks to declutter the matters surrounding the “Alcohol-Based Hand Sanitisers” since many representations seeking exemption under GST for hand sanitisers being classified as essential goods in the wake of COVID-19 pandemic have been filed.

This clarification has decisively put to rest the rumours about the applicability of GST on hand sanitisers.