Compliance under GST on Business Reconstitution

COMPLIANCE UNDER GST ON BUSINESS RECONSTITUTION

In case of transactions of amalgamation or merger, one needs to take note of the fact that there are two different dates, namely, the effective date from which the scheme would be given effect (which has to be indicated while applying the amalgamation or merger as filed before NCLT) and, second, the date of order, …

What is the Meaning of FORM MD-7 and FORM MD-9?

A person or a company involved in the manufacturing of Medical Devices in India can distribute/communicate the products by applying through the concerned Authority. The process of application is to apply for a Loan or grant, or a license to sell or distribute products in India. In the the Medical Devices Rules, 2017, an Manufacturing License to Manufacture …

Section 8 Company Registration

Section 8 Company Registration

An institution or group of people voluntarily joins together for a purpose that is not governed by the government, it is referred to as a Non-Governmental Organization (NGO). In the Companies Act, 2013 an NGO is legally registered as a Section 8 organization and is overseen by the Ministry of Corporate Affairs (MCA). The proposed name …

GST: Advantages and Disadvantages

GST: Advantages and Disadvantages

The goods and services tax (GST) is a form of indirect federal sales tax that is imposed on a select range of goods and services in accordance with the GST slab that is annually approved by the budget. The vendor will add the GST to the price of the item or service after the GST …

Indirect Tax and Tax Technology in India – Evolution and Adoption of a Digital Backbone

Indirect Tax and Tax Technology in India

The indirect tax ecosystem in India is moving into a phase of technological development with an aim to further the principle of ‘Doing Business with Ease’.  The adoption of technology is now an integral part of our regular lives, and leveraging this fast-growing revolution, the government has also introduced and adopted several windows through which …

How To Get A Food License For My Business?

Have you ever seen food shops being vacant? Even a small tea shop flourishes and increases incredible response from people. Yes! Food always gets more courtesy than expected. If you are forecasting to do a business, you can very well start with the food business. No food business can be begun unless a valid license …

How to Register Partnership Firm

HOW TO REGISTER PARTNERSHIP FIRM

A Partnership is one of the most important formulae of a business organization. A partnership firm is where two or more persons come together to form a business and divide the profits in a decided ratio. The partnership business contains any kind of trade, occupation, and profession. The bond between the partners is known as a partnership …

GST Registration

About GST Registration Concept: – Goods and Services Tax is a merged indirect tax policy that covers VAT, CST, Service Tax, Central Excise duty, Entertainment Tax, etc, and is legal all over India with effect from 1st July 2017. When to register for GST: – GST is compulsory to register when annual turnover surpasses INR 40/20 lakh …