The toy manufacturing industry in India is gaining strong momentum, supported by government initiatives like Make in India, Vocal for Local, and increased demand for high-quality, domestically produced toys. However, toy manufacturers must meet a complex set of legal, financial, and compliance standards—from BIS certifications and safety regulations to tax filings and export procedures.
At Lex N Tax Associates, we provide comprehensive advisory, compliance, and legal support to toy manufacturers, helping them scale sustainably while meeting all statutory obligations. Whether you're a small unit or a large-scale exporter, we ensure your operations stay compliant, tax-efficient, and business-ready.
As the industry shifts from unorganized to organized production, toy manufacturers are now required to comply with stricter norms from bodies like the Bureau of Indian Standards (BIS), the Ministry of Commerce, and the GST Council. This means that beyond design and production, manufacturers must now focus on licensing, recordkeeping, certification, and audit preparedness.
Lex N Tax helps you navigate these requirements with ease. From registering your company and securing industry licenses to managing routine tax filings and audit support, we act as your extended compliance and financial team—so you can focus on creating quality products.
We offer industry-specific services designed to support toy manufacturing businesses at every stage of growth.
Business Setup & Licensing
We assist in company formation—whether you are starting as an LLP, Private Limited Company, or MSME. We also manage applications for GST registration, BIS certification (mandatory for toys), Import Export Code (IEC), and other regulatory licenses required for production and distribution.
GST Compliance & Return Filing
Toy manufacturers often deal with raw materials, packaging, and outsourced labor—all of which must be properly documented for GST compliance. Our team manages your monthly/quarterly GST returns, input tax credit claims, and reconciliation with ease.
Accounting & Bookkeeping
We provide outsourced accounting, payroll processing, inventory tracking, and financial reporting that align with the operational needs of toy manufacturing units. All your financials are kept audit-ready and tax-compliant.
Audit & Taxation Support
Whether it’s a statutory audit, GST audit, or tax audit, our team ensures accurate preparation and timely filing. We also handle income tax return filing, TDS compliance, and representation during assessments or scrutiny by tax authorities.
Export Compliance & Incentives
For toy manufacturers engaged in exports, we offer Import-Export Code (IEC) registration, DGFT documentation, GST refunds, and support with claiming export incentives under schemes like RoDTEP or SEIS.
Legal & Corporate Compliance
Stay compliant with ROC filings, board resolutions, contract drafting, employee agreements, and more. Our in-house legal experts ensure your business adheres to corporate governance standards.
We proudly support:
Whether you're selling in the Indian market or exporting internationally, Lex N Tax helps you build a legally sound and financially strong business foundation.
With over 12 years of experience, a dedicated team of CAs, CSs, and legal advisors, and a track record of serving manufacturing businesses across India, we are a trusted compliance and advisory partner for the toy industry.
Let Lex N Tax Associates guide your toy manufacturing business through every regulatory, financial, and legal challenge. We help you stay focused on quality and innovation—while we take care of compliance and paperwork.
Get in touch today to schedule a free consultation and discover how we can support your journey in the toy industry.