Maharashtra Direct selling Guidelines PDF become the 12th state to adopt guidelines and rules. After releasing notification from the Department of Consumer Affairs, the Government of India. The state adopted the framework of Direct Selling Guidelines in 2016. And Informed every state in India to use this model and regulate state-level direct selling guidelines Maharashtra PDF.
Finally, issues there own Guidelines and rules PDF to regulate the business of ‘Direct Selling’ and Multi-Level Marketing (MLM).
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| new direct selling guidelines maharashtra pdf |
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The state of Maharashtra is the number ‘one’ market for Direct Selling in India with more than INR 1350+ crore in business, providing self-employment opportunities to more than 7 lakh Direct Sellers.
So, it is very important to monitor the network of direct selling and provide proper Maharashtra direct selling guidelines PDF.
Also, know Government Approved IDSA Company list 2022
Maharashtra Direct selling Guidelines
Many different state governments already adopted and provided their own guidelines to regulate the activities of the Direct Seller's market and Multi-level marketing business in their states.
As a result, the Government of Maharashtra to bring Direct Selling guidelines under the ambit of the regulatory framework provided by the central government.
The Food, Civil Supply, and Consumer Protection Department, Government of Maharashtra has issued the Direct Selling guideline dated July 10, 2019 (“Guidelines”).
According to Guidelines -
“Pyramid Scheme” shall not apply to a multi-layered network of subscribers to a scheme formed by a Direct Selling Entity. Which consists of subscribers enrolling one or more subscribers in order to receive any benefit directly or indirectly,
Direct Selling Entity should submit its’ Balance Sheets at least for the previous 3 years to the Competent Authority while getting registered for Direct Selling Business. New Direct Selling Entities i.e entities old less than 3 years, should submit an affidavit about the financial condition of their business at the time of registration.
It is also important to understand about Why are Pyramid Scheme illegal and Difference between Multi-level marketing vs Pyramid schemes.
Similarly, you can find the complete detail of the Direct selling rules in Maharashtra in the below PDF.
Direct selling guidelines Maharashtra PDF
If you are into the Network of direct selling in Maharashtra then download PDF below to know the complete details.
You can also learn extract definitions related to direct selling and different schemes. For example:
Definition of Act, Prospect, Direct seller, direct selling entities, Network of Direct Selling, Cooling-off Period, and more. Also Illegal Pyramid Scheme, Money Circulation Scheme, and many more important definitions.
In addition, a complete list of documents is to be submitted to government entities and regulators to run business in Maharashtra.
The government of Maharashtra - Department of Consumers Affairs has issued Direct Selling Guidelines on July 11, 2019. To prevent Direct Selling and MLM frauds and to protect the legitimate rights and interests of consumers.
Note: Direct selling Guidelines Maharashtra PDF is updated on 10th July 2019. As the government does not update its rules and guidelines every year. Therefore you can use the same PDF and it can be said as Direct selling guidelines Maharashtra PDF.
You can also check:
Karnataka Direct selling guidelines PDF
Odisha Direct selling guidelines PDF
direct selling guidelines Maharashtra PDF.
Punjab Direct selling guidelines PDF
So, For more information, you can refer above PDF and that's it for this article.
In Conclusion of Direct Selling Rules and Guidelines in Maharashtra PDF
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