Well, to give you a head start for 2022, we have compiled a comprehensive GST Compliance Calendar. This GST compliance calendar has all the GST Compliance Due dates for January, February, and March 2022 so that you never miss a due date!
Specified State and UT List for GSTR-3B Quarterly Filers
But before listing down the GST compliance calendar, we have specified States and UTs for GSTR-3B quarterly filers.
A Private Limited Company enjoys an identity separate from its Directors. Thus, in order to maintain its active status, every business is required to file annual compliances for a private limited company with the Ministry of Corporate Affairs (MCA). Since the inception of the Companies Act in 1956, the scope of private limited companies has […]
The Goods and Services Tax (GST) is a comprehensive indirect tax that has been implemented in India since July 1, 2017. Under the GST regime, businesses are required to generate invoices for all sales made, including goods and services. These invoices must comply with the GST laws and regulations and must be submitted to the […]
GST registration is a process businesses in India need to go through to register themselves under the Goods and Services Tax (GST) system. Registration can be done online through the GST portal, and it is mandatory for businesses whose turnover exceeds a certain threshold. The process involves submitting various documents and details related to the […]
A tax return is a statement of earnings, deductions, and other pertinent financial data. Similar to personal tax returns, business tax returns must be filed annually and include supplementary TDS filings for firms. A statement of the earnings and expenses is included in this return. It contains data on fixed assets, loans taken out and […]
The Finance Minister, Smt. Nirmala Seetharaman presented the second digital union budget 2022-2023 on 1st February 2022. Accordingly, clauses 99 to 123 covered the proposed GST amendments. It is important to note that amendments proposed vide clause 99 to clause 113 will be effective from the date to be notified. Whereas, amendments proposed vide clause 114 […]
A company is an artificial person registered under the Companies Act, 2013 or any other previous company law which is managed and controlled by the Directors /officers of the company. A director can be resident director as well as foreign director. In company number of persons contribute the amount in terms of share capital and […]
A Letter of Undertaking (LUT) is a document that allows exporters to ship goods and services overseas without having to pay Integrated Goods and Services Tax (IGST). Here’s a step-by-step guide to filing LUT in GST: It’s important to note that the LUT is valid for one financial year and needs to be renewed annually. […]
By registering a company start-ups enjoy various benefits as it offers them an advantage over those who have not registered. The process of registering a company may be complex for some as it involves different compliances. Application for DSC (Digital Signature Certification) The first step in making an application for company registration is applying for […]