Bar Code Registration
Barcode Registration: An Overview
Barcode is a machine-readable image that is characterized by parallel lines varying in width and spacing between them and digits. Barcode is used to encode product details such as product numbers, serial numbers and batch numbers instantly. It is used for product identification and used widely in supermarkets, clothing stores, malls, etc. and has inherent benefits like the elimination of errors, cost-effectiveness, time-saving and ease of managing inventory. This global identification system assists all the parties in the supply chain like manufacturers, logistics and wholesalers to identify the products easily.
GS1 provides a barcode that is accepted across the world by all types of retailers, manufacturers and transporters. GS1 is a non-profit, industry-led global organization, the headquarters of which is situated in Brussels. GS1 operates in India as a Standards body registered under the Societies Registration Act, 1860. In India, GS1 provides several types of barcodes such as EAN/UPC barcodes and 2D barcodes like GS1 QR code and GS1 Data Matrix. Domiyance is one of the largest business services platform providing a range of business services form incorporation to tax return filing. Domiyance can help you obtain barcode for your products.
Business houses use the barcodes for the following:
- Inventory database – Large departmental stores with thousands of products manage their inventory through the barcode system. All the phases of the product cycle from manufacture to sale are tracked through the code.
- Asset tracking – All businesses today hold a large chunk of IT assets, and hence the barcode system is used for tagging and tracking the assets in the asset software.
- Tracking returns – The barcode system can be used for tracking returns, especially so in the online shopping world. Barcodes can also be attached to invoices so as to ease the tracking of payments from customers.
Advantages of Barcode
- Reduces error – Since the information on the barcode is all automated, the chances of errors are reduced since there is no manual intervention in the form of data entry.
- Cost-effective and convenient – Barcodes are easy to obtain, cost-effective, and convenient to print, and it can also be customised.
- Detailed information – Barcodes have the information related to the product like product numbers, serial numbers, batch numbers, and hence ensures the genuineness of the products.
- Optimised inventory – The movement of the products becomes smooth due to all information of the products being captured in the barcode and makes the movement through the supply chain hassle-free.
- Time saving – Registering a barcode saves a lot of time. Using a barcode reader, the code can be scanned, and the details can be obtained.
- Accurate and faster billing – The information linked to the barcode is all automated and accurate and helps in good and efficient decision making.
- Unique and global identification – The barcoding system facilitates unique identification that is globally recognised, and hence there will be no two products that will have the same code.
Process For Obtaining Barcode Registration
The process for Barcode Registration is completely online. In India, the authority for registering Barcodes is GS1 India. The registration application can be made online on their website – https://www.gs1india.org. The steps involved are:
Step 1 – Fill the application;
Step 2 – Upload all the relevant documents;
Step 3 – Choose the type and number of barcodes required;
Step 4 – Confirm all the details;
Step 5 – Pay the applicable fees;
Step 6 – Track the status.
Documents For Barcode Registration:
- Letter requesting allotment of barcode;
- PAN card of the entity;
- Copy of audited balance sheet;
- GST/VAT registration certificate;
- Certificate of incorporation/partnership deed;
- Memorandum of Association/Articles of Association;
- Copy of cancelled cheque.