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2024-02-22 12:27:58
Barcode Registration process and Fee structure in india by barcodevault

Barcode Registration Process and fee Structure by Barcodevault

Barcodes are machine-readable symbols in the form of numbers and parallel lines used universally to identify and track products. Barcodes play a key role in supply chains, enabling retailers, manufacturers, and transport providers to easily identify and track products as they move through the supply chain. In this article, we look at the procedure for getting barcode registration in India.

BARCODE REGISTRATION IN INDIA

Barcode Vault has been a barcode solution Provider Company since 1996. Every barcode has its standards used by retailers, manufacturers, and suppliers. Approximately two million companies across 20 industries such as Retail & Consumer Packaged Goods, Food, Healthcare, Transport & Logistics (including Customs), Government, etc. worldwide are using the Barcode System of standards. Therefore, barcodes that can be scanned anywhere in the world must be registered under barcode standards.

TYPES OF BARCODE

Different application requires different barcodes with the capability to hold different data. Therefore, to diverse requirements, Barcode system standards are used for that distinction between barcodes. Different types of barcode symbols are also distinguished between different barcodes. Barcodes can be categorized into the following categories:

EAN/UPC FAMILY BARCODES

EAN/UPC Family of barcodes is instantly-recognizable barcodes that are printed on virtually every consumer product in the world. They are the longest-established and most widely-used of all barcodes.

DATABAR FAMILY BARCODES

DataBar barcodes are often used to label fresh foods. These barcodes can hold information like an item’s batch number or expiry date, in addition to other attributes used at the point-of-sale such the item weight.

1D BARCODES

128 and ITF-14 are highly versatile 1D barcodes that enable items to be tracked through global supply chains. The 128 barcode can carry any of the ID keys, plus information like serial numbers, expiration dates and more. The ITF-14 barcode can only hold the Global Trade Item Number (GTIN) and is suitable for printing on corrugated materials.

2D BARCODES

Two-dimensional (2D) barcodes look like squares or rectangles that contain many small, individual dots. A single 2D barcode can hold a significant amount of information and may remain legible even when printed at a small size or etched onto a product. 2D barcodes are used in a wide range of industries, from manufacturing and warehousing to logistics and healthcare.

PRICING FOR BARCODE IN INDIA

The pricing for barcode registration in India varies based on the number of barcodes required, annual turnover of the company and the number of years barcode subscription is sought for. The following chart illustrates the cost for a company having an annual turnover of less than Rs.10 crores wishing to obtain 1-100 barcodes.

Registration fee: This is dependent on product numbering capacity desired. This is determined by taking into consideration the total number of SKUs/product variants/product types that are currently available, and also what is likely to be added in the next few years.

Subscription fee:: Subscribers are expected to remit the subscription renewal fee on or before the expiry of the subscription validity period as specified at the time of initial registration or at the time of subsequent renewal of the same.

Security deposit: Interest-free, refundable security deposit payable once on registration which shall be refunded after cancellation/ termination of subscription.

The following is the price list for barcode registration in India from Indian barcode Corporation

Registered MSME businesses in India can enjoy a subsidy of upto 75% of cost of obtaining barcode in India.

PROCESS FOR OBTAINING BARCODE IN INDIA

Barcode can be obtained easily in India by submitting the following documents along with requisite fee to Indian barcode Corporation for allocation of Company Prefix to be used for barcoding of products. The following documents must be submitted.

  • India registration form duly filled and signed along with the product classification sheet duly encircling / highlighting the product categories being manufactured / supplied.
  • Request letter / forwarding letter on letterhead for allocation of company prefix number.
  • Copy of balance sheet (relevant page in support of sales turnover) as on 31st March, 2015 or latest.
  • PAN card copy of Proprietor – in case of Proprietorship firm or PAN card copy of the applicant company in other cases.
  • Proof of status of Applicant Company (for Proprietorship firm VAT Registration Certificate for Partnership firm VAT Registration Certificate / Partnership deed for Private Limited Company / Limited Company – Certificate of Incorporation).

For more information about barcode registration in India, talk to an Barcode vault’s Business Advisor.

 

Call us 9717122688 or email us gm@barcodevault.com

Website: http://www.barcodevault.com

Address: Barcode vault (Mindware) S-4, Plot No-7, Pocket-7, Pankaj Plaza, Near Metro Station, Sector-12,Dwarka,New Delhi-110078(India).