Can a non-GST registered company issue a tax invoice A non-GST registered company is one that has not obtained GST registration, either because its turnover is below the threshold limit or it falls under the exempt category. The question of whether such a company can issue a tax invoice depends on the nature of its… Read More »
The procedure for closing an inactive GSTIN The procedure for closing an inactive GSTIN to Login the GST portal using your credentials and navigate to the “Services” tab. From the drop-down menu, select “Registration” and then choose “Application for Cancellation of Registration.” Enter the GSTIN of the inactive registration that requires cancellation, along with the… Read More »
E-invoicing The e-invoicing system in India is an electronic invoicing mechanism designed to generate invoices for transactions conducted by businesses under the Goods and Services Tax (GST) regime. To Visit https://www.gst.gov.in/ The primary objective of the e-invoicing system is to reduce errors, minimize tax evasion, and simplify the tax filing process. The process involves generating… Read More »
How to Renew Your GST Registration in India Renewing your GST (Goods and Services Tax) registration is essential to ensure compliance and avoid penalties. Here’s a simple guide on how to do it. 1. Check Renewal Requirement GST registration typically does not expire, but if you have received a notice from the GST department or… Read More »
Requirements to start an industry level commercial and residential cleaning business To start an industry level commercial and residential cleaning business in India, the following requirements should consider: Business registration: The first step is to register the business with the Registrar of Companies (ROC) as a Private Limited Company, Limited Liability Partnership (LLP), or any… Read More »
Opening a private limited company at home Starting a business is a significant step, and many entrepreneurs explore various options for setting up their companies. One common question that arises is whether a private limited company can be registered at a residential address. What is a Private Limited Company? A private limited company is a… Read More »
Registering a one-person company Registering a one-person company, To register a One Person Company (OPC) in India, the following steps must be take: Obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN): The first step is to obtain a DSC and DIN for the propose Director of the OPC. Name reservation: A suitable… Read More »
Reopening a closed private limited company If you intend to reopening a closed Private Limited Company, you must follow the steps outlined below: 1.Revival Application: Prepare and submit an application for revival to the National Company Law Tribunal (NCLT) in the prescribed format, accompanied by the necessary documents. For more information to Visit https://www.mca.gov.in 2.Affidavit… Read More »
Post-LLP agreement compliances Post-LLP agreement compliances: After submitting the LLP Agreement, the following compliance requirements need to fulfill by an LLP in India: 1.Obtaining the Certificate of Incorporation: Once the LLP Agreement and other necessary documents are submitted to the Registrar of Companies (ROC), and if everything is in order, the ROC will issue a… Read More »
LLP compliance requirements in India LLP compliance requirements in India: The following are the compliance requirements that LLPs in India must fulfill: Annual Compliance: LLPs must file an annual return in Form 11 with the MCA within 60 days from the end of the financial year. Furthermore, LLPs are obligated to submit their Statement… Read More »
