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	<title>Sethassociates Admin Panel</title>
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		<title>Import of Medical Devices in India</title>
		<link>http://www.sethassociates.com/import-of-medical-devices-in-india.html</link>
		<comments>http://www.sethassociates.com/import-of-medical-devices-in-india.html#comments</comments>
		<pubDate>Wed, 20 Jul 2011 10:07:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[ARTICLES]]></category>

		<guid isPermaLink="false">http://www.sethassociates.com/?p=2701</guid>
		<description><![CDATA[IMPORT OF MEDICAL DEVICES IN INDIA
For the purpose of import of Medical Devices in India , the procedure for registration and import licence as prescribed under the Drugs and Cosmetics Rules is followed.
REGISTRATION OF MEDICAL DEVICES FOR IMPORT
1.      Application for Registration Certificate in respect of the premises and the devices manufactured by the manufacturer and [...]]]></description>
			<content:encoded><![CDATA[<h2><strong>IMPORT OF MEDICAL DEVICES IN INDIA</strong></h2>
<h4><strong>For the purpose of import of Medical Devices in India , the procedure for registration and import licence as prescribed under the Drugs and Cosmetics Rules is followed.</strong></h4>
<h3><strong>REGISTRATION OF MEDICAL DEVICES FOR IMPORT</strong></h3>
<p>1.      Application for Registration Certificate in respect of the premises and the devices manufactured by the manufacturer and meant for import into India is required to be made by the manufacturer or importer or his agent in India.</p>
<p>2.      A fee of US$ 1500 or its equivalent shall be paid alongwith the application as registration fee for the premises where the devices, intended to be imported are being manufactured by the manufacturer.</p>
<p>3.      A fee of US$ 1000 or its equivalent shall be paid for registration of single Medical Device (which may include variation in sizes or shape without any change in the material or method of use) and an additional fee US$1000 for each additional device shall be paid.</p>
<p>4.      The fee shall be paid through a challan in the Bank of Baroda as prescribed under the said Rules.</p>
<p>5.      The informations and undertakings required to be furnished under Schedule DI and DII may be modified to suit the requirements of devices in place of normal pharmacological products.</p>
<p>On grant of RC Certificate , import license is applied by the Importer.</p>
<h3><strong>(A) Applicant Details </strong></h3>
<p><strong><br />
</strong></p>
<p><strong>1.</strong><strong> </strong>Applicant’s company name, address and contact number.</p>
<p><strong>2.</strong><strong> </strong>Name and address of foreign manufacturer (Manufacturing premises).</p>
<p><strong>3.</strong><strong> </strong>Copy of the Plant Master File.</p>
<p><strong>4.</strong><strong> </strong>Name and address of the local authorized representative.</p>
<p><strong>5.</strong><strong> </strong>Name and address of the importer.</p>
<p><strong>6.</strong><strong> </strong>Local manufacturer, if any processing is being done in the country.</p>
<h3><strong>(B) Product Information</strong></h3>
<p><strong><br />
</strong></p>
<p><strong>1.</strong><strong> </strong>Proprietary/Brand name.</p>
<p><strong>2.</strong><strong> </strong>Brief description of the device.</p>
<p><strong>3.</strong><strong> </strong>Category of device.</p>
<p><strong>4.</strong><strong> </strong>Intended use and method of use.</p>
<p><strong>5.</strong><strong> </strong>Medicals specialty in which the device is used.</p>
<p><strong>6.</strong><strong> </strong>Qualitative and quantitative particulars of the constituents.</p>
<p><strong>7.</strong><strong> </strong>Brief description of the method of the manufacture and specification of the materials used.</p>
<p><strong>8.</strong><strong> </strong>Contraindications, warnings, precautions potential adverse events and alternate therapy, wherever applicable.</p>
<p><strong>9.</strong><strong> </strong>List of accessories and other devices or equipment to be used in combination with the device. Other descriptive information, including accessories packaged with the product.</p>
<p><strong>10.</strong><strong> </strong>Variations in shape, style or size of the device, if applicable.</p>
<p><strong>11.</strong><strong> </strong>Labeling details conforming to Drugs and Cosmetics Rules, 1945.</p>
<p><strong>12.</strong><strong> </strong>Physician manual and promotional literature (Literature insert) in English.</p>
<p><strong>13.</strong><strong> </strong>Packaging description including pack sizes.</p>
<p><strong>14.</strong><strong> </strong>Recommended storage conditions.</p>
<p><strong>15.</strong><strong> </strong>Summary indications of any reported problems.</p>
<p><strong>16. </strong>Details of standards to which the device conform alongwith the copy of the standard</p>
<h3>For further information , please fill up our online contact form.</h3>
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		<item>
		<title>NOTARISATION AND APOSTILLISATION IN INDIA</title>
		<link>http://www.sethassociates.com/notarisation-and-apostillisation-in-india.html</link>
		<comments>http://www.sethassociates.com/notarisation-and-apostillisation-in-india.html#comments</comments>
		<pubDate>Wed, 20 Jul 2011 09:53:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[India Business Guide]]></category>

		<guid isPermaLink="false">http://www.sethassociates.com/?p=2696</guid>
		<description><![CDATA[NOTARISATION AND APOSTILLISATION OF DOCUMENTS 
Introduction 
Notarisation is the act of a notary public authenticating by his signature and official seal, certifying the due execution in his presence of a deed, contract or other writing, or verifying some fact or thing about which the notary public has definite knowledge. In India notarisation is performed under [...]]]></description>
			<content:encoded><![CDATA[<h2><strong>NOTARISATION AND APOSTILLISATION OF DOCUMENTS </strong></h2>
<h3><strong>Introduction </strong></h3>
<p>Notarisation is the act of a notary public authenticating by his signature and official seal, certifying the due execution in his presence of a deed, contract or other writing, or verifying some fact or thing about which the notary public has definite knowledge. In India notarisation is performed under Notaries Act, 1952.</p>
<p><strong><span style="text-decoration: underline;"> </span></strong></p>
<h3><strong>Need for Notarisation</strong></h3>
<p>Documents are notarized to certify their genuineness and prevent fraud and to make sure they are properly executed.  The Notary is considered as an impartial witness who verifies signers and ensures they have entered into agreements knowingly and willingly. In short, its objective is to determine everything is true and genuine on the document.</p>
<p>Some commercial documents should be attested by certain Chamber of Commerce and Industry before submitting to the Ministry of External Affairs.</p>
<h3><strong>Generally, documents required for Notarisation are: </strong></h3>
<p>1. A duly-filled Application Form for Notarization/Attestation;</p>
<p>2. Original and photocopy of the legal documents,</p>
<p>3. Signed Covering Letter with attestation purpose and the list of the commercial attestation document from the Company of the applicant;</p>
<p>4. Signed Covering letter with attestation purpose and the list of the attestation document from the applicant himself/herself if it is for civil use;</p>
<p>5. Original and photocopy of applicant&#8217;s passport and agent&#8217;s passport for civil attestation purpose.</p>
<h3><strong> APOSTILLE DOCUMENTS</strong></h3>
<h3><strong>Introduction</strong></h3>
<p>Apostille Certificates are issued by Ministry of External Affairs (MEA), Government of India on birth certificates, death, power attorney, marriage certificates, educational certificates and affidavits. Before getting apostilled all the concerned documents must be authenticated by regional offices located in every state.</p>
<p>An Apostille is granted by apostillisation office of a country which is a member of the Hague Convention, 1961. Apostille is certificate which verifies and confirms the seal and signature of person who authenticated the document. Some people call this &#8217;superlegalisation&#8217;.</p>
<h3><strong>Need for Apostillization</strong></h3>
<p>Sometimes just a simple notarisation is not enough, one might be asked to get one’s documents apostilled, it is known as ‘superlegalisation’ or legalization of documents for overseas use. To bypass it, one has to do is just to get one’s documents apostilled. Once this is done, document is recognised worldwide, such as travel document. Those countries which are signatory to Hague Convention can only issue apostille.</p>
<hr size="1" />
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		<item>
		<title>License to set up payment gateway in India</title>
		<link>http://www.sethassociates.com/license-to-set-up-payment-gateway-in-india.html</link>
		<comments>http://www.sethassociates.com/license-to-set-up-payment-gateway-in-india.html#comments</comments>
		<pubDate>Wed, 20 Jul 2011 09:27:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[ARTICLES]]></category>

		<guid isPermaLink="false">http://www.sethassociates.com/?p=2691</guid>
		<description><![CDATA[LICENSE TO SET UP PAYMENT GATEWAY UNDER PAYMENT AND SETTLEMENT SYSTEMS ACT 2007


Q1. When did  Payment and Settlement Systems Act, 2007 (PSS Act, 2007)  came into effect?
Ans. The PSS Act,  2007 received the assent of  the President on 20th December 2007 and  it came into force with effect  from 12th [...]]]></description>
			<content:encoded><![CDATA[<h2><strong>LICENSE TO SET UP PAYMENT GATEWAY UNDER PAYMENT AND SETTLEMENT SYSTEMS ACT 2007</strong></h2>
<p><strong><br />
</strong></p>
<h3><strong>Q1. When did  Payment and Settlement Systems Act, 2007 (PSS Act, 2007)  came into effect?</strong></h3>
<p>Ans. The PSS Act,  2007 received the assent of  the President on 20th December 2007 and  it came into force with effect  from 12th August 2008.</p>
<h3><strong>Q2. What is the  objective of the PSS Act, 2007 ?</strong></h3>
<p>Ans. The PSS Act,  2007 provides for the  regulation and supervision of payment systems in India and designates  the Reserve Bank of India  (Reserve Bank) as the authority for that  purpose and all related matters. The  Reserve Bank is authorized under  the Act to constitute a Committee of its  Central Board known as the  Board for Regulation and Supervision of Payment and  Settlement Systems  (BPSS), to exercise its powers and perform its functions and  discharge  its duties under this statute.   The Act also provides the legal basis  for “netting” and “settlement  finality”. This is of great importance,  as in India, other than the Real Time  Gross Settlement (RTGS) system  all other payment systems function on a net  settlement basis.</p>
<h3><strong>Q3. What are the  Reguations made under the PSS Act, 2007 and when did they come into force ?</strong></h3>
<p>Ans. Under the  PSS Act, 2007,  two  Regulations have been  made by the Reserve Bank of India,  namely,  the  Board for Regulation and  Supervision of Payment and Settlement Systems  Regulation, 2008 and   the Payment and Settlement Systems  Regulations,  2008. Both these Regulations came into force along with the PSS  Act,  2007 on 12th August 2008.</p>
<h3><strong>Q4. What are the  objectives of these two Regulations?</strong></h3>
<p>Ans. The Board  for Regulation and Supervision  of Payment and Settlement Systems Regulation,  2008 deals with the  constitution of the Board for Regulation and Supervision of  Payment and  Settlement System (BPSS), a Committee of the Central Board of   Directors of the Reserve Bank of India. It also deals with the   composition of the BPSS, its powers and functions,  exercising of powers  on behalf of BPSS,  meetings of the BPSS and quorum, the constitution  of Sub-Committees/Advisory  Committees by BPSS, etc.,  The BPSS   exercises the powers on behalf of the Reserve Bank, for regulation and   supervision of the payment and settlement systems under the PSS Act,  2007.</p>
<p>The Payment and  Settlement Systems  Regulations, 2008 covers matters  like form of application for  authorization  for commencing/ carrying on a payment system and grant of  authorization,  payment instructions and determination of standards of  payment systems,  furnishing of returns/documents/other information,  furnishing of accounts and  balance sheets by system provider etc., .</p>
<h3><strong>Q.5 Are entities  operating a payment system or  intending to operate a payment system required to  get a license,  approval or authorization for the purpose?</strong></h3>
<p>Ans. In terms of  Section 4 of the PSS Act,  2007  no person  other than the Reserve Bank can operate or commence a  payment system unless authorized  by the Reserve Bank. Any person  desirous of commencing or operating a payment  system needs to apply for  authorization under the PSS Act, 2007(Section 5).</p>
<p>Source:RBI</p>
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		<title>The Knowledge Academy</title>
		<link>http://www.sethassociates.com/the-knowledge-academy.html</link>
		<comments>http://www.sethassociates.com/the-knowledge-academy.html#comments</comments>
		<pubDate>Sat, 16 Jul 2011 10:43:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Represntative Clients]]></category>

		<guid isPermaLink="false">http://www.sethassociates.com/?p=2674</guid>
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		<title>Midas Web Technologies</title>
		<link>http://www.sethassociates.com/midas-web-technologies.html</link>
		<comments>http://www.sethassociates.com/midas-web-technologies.html#comments</comments>
		<pubDate>Sat, 16 Jul 2011 10:38:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.sethassociates.com/?p=2667</guid>
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		<title>Capital Via</title>
		<link>http://www.sethassociates.com/capital-via.html</link>
		<comments>http://www.sethassociates.com/capital-via.html#comments</comments>
		<pubDate>Sat, 16 Jul 2011 10:36:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.sethassociates.com/?p=2663</guid>
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		<title>Marie Stopes International</title>
		<link>http://www.sethassociates.com/marie-stopes-international.html</link>
		<comments>http://www.sethassociates.com/marie-stopes-international.html#comments</comments>
		<pubDate>Sat, 16 Jul 2011 10:24:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Represntative Clients]]></category>

		<guid isPermaLink="false">http://www.sethassociates.com/?p=2653</guid>
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		<title>Ballarpur Industries</title>
		<link>http://www.sethassociates.com/ballarpur-industries.html</link>
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		<pubDate>Sat, 16 Jul 2011 10:21:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<title>Prestige Wines</title>
		<link>http://www.sethassociates.com/prestige-wines.html</link>
		<comments>http://www.sethassociates.com/prestige-wines.html#comments</comments>
		<pubDate>Sat, 16 Jul 2011 10:16:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<title>JM Baxi &amp; Co</title>
		<link>http://www.sethassociates.com/jm-baxi-co.html</link>
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		<pubDate>Sat, 16 Jul 2011 10:12:40 +0000</pubDate>
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