GST registration If your GST registration application for has been rejected, you should carefully review the reasons provided for the rejection and take corrective action accordingly. The most common reasons for rejection include incomplete or inaccurate information in the application, non-submission of required documents, and failure to respond to queries or notices from the tax… Read More »
The implications of non registration with GST Non-registration with GST can have various implications, such as: If a business is not registered under GST, it cannot collect GST from its customers. This means that the business will have to bear the tax burden on its own, which could impact its profitability. To visit:https://www.gst.gov.in/ Penalty for… Read More »
The disadvantages of a single member LLC A single-member LLC, similar to other business structures, comes with its own set of drawbacks. Here are some of the common disadvantages associated with a single-member LLC 1.Limited liability protection: While a single-member LLC provides some liability protection for the owner, it may not offer the same level… Read More »