GST Registration What is a GST Registration? GST Registration of a business means obtaining a unique, 15-digit Goods and Service Tax Identification Number (GSTIN) from the GST authorities when aggregate turnover of th...
Reverse Charge under GST What is Reverse charge under GST? Under the GST system, there are three categories of people who are responsible for paying the tax: · The supplier, who pays GST in the usual way under the forward cha...
GST Notices What is Notice under GST Notices under GST are communications by the GST Authorities. These are sent to the taxpayers specifically to remind or caution them of any defaults being noticed, specifically...
Casual Taxable Person What is Casual Taxable Person under GST? If you don’t have a permanent store or office in a state but want to occasionally sell products or offer services there, you can get a short-term GST registrat...
E-Invoicing under GST What is E-Invoicing? E-Invoicing means recording a transaction on the Government's website in an online system. After this, a special number called the Invoice Registration Number (IRN) is given for e...
DRC-08: Rectification of Order u/s 161 of GST What is DRC-08 and when it is issued? Form DRC-08 is often called the 'Summary of Rectification' or 'Withdrawal Order'. If a proper officer wishes to withdraw or rectify the final order passed after u...
APL-01: GST Appeal Who can file an appeal to the Appellate Authority? Any taxpayer or an unregistered person aggrieved by any decision or order passed against him by an adjudicating authority, may appeal to the Appellat...
Statutory Audit What is a statutory audit? A statutory audit is an independent examination of a company’s financial statements to ensure they present a true and fair view of the financial position, and the company is...
Statutory Audit: LLP What is a statutory audit for an LLP? A statutory audit is a mandatory examination of an LLP’s financial records and statements to ensure they comply with legal requirements and Indian accounting stan...
Annual Filings ROC (Private Ltd.) What is the full form of ROC filing in India? In India, the ROC filing standards for the Annual Returns filing of an Incorporated entity with the Registrar of Companies. Can ROC annual compliance be c...
Section 8 Company What is Section 8 Company? Section 8 Company is a limited liability company which a. has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religi...
Returns under GST What is a GST Return? A GST return is a form that every GST-registered person must file to report: Sales (outward supplies), Purchases (inward supplies), Input Tax Credit (ITC), And tax payable to the...