The furniture industry, often known as woodwork or the woodworking industry, is engaged in the production of goods mostly out of wood. Carpentry, wood-turning, and carving are all part of it. Gujarat, Kashmir, Punjab, Uttar Pradesh, and Kerala have long been major contributors to the Indian furniture industry. Profitability is high, making it a great … Read more
A relief for taxpayers as GSTR 3B GST Return Filing Due Date extended for April 2022. The notification was released by the CBIC yesterday i.e. on 17th May 2022. The GSTR 3B GST Return Filing Due Date and due date of payment of tax for the month of April, 2022 by taxpayers under QRMP scheme … Read more
Every GST Registered Taxpayer needs to file GST Returns on time and in the accurate manner. Otherwise, hiding transactions, incorrect information or even minor errors can result in scrutiny of GST Returns. Scrutiny Notice will also have strong impact against your business. Therefore, You also have to submit your response accurately and in timely manner … Read more
There are various items that are GST exempt On Service Provided To Government Organisations. Similarly, there are also services that are exempt from GST. In this article, you will understand the concepts of GST exemption on services provided to government organizations, What is Exempt Supply? The exempted list includes the following types of supplies: All the … Read more
FSSAI(Food Safety and Standards Authority of India) is a government body. It works across the pan of India to ensure food safety and regulation. The FSSAI Registration or Licensing is the basic mechanism through which FSSAI ensures food safety and regulation. In accordance with Sections, 31(1) and 31(2) of the Food Safety and Standards Authority … Read more
Products for sale can be advertised and purchasers can explore and buy them online through the Meesho Seller Panel. With the Meesho Seller Panel, vendors may also monitor their sales and obtain feedback from customers. However, to sell products on Meesho, you need to have GST Registration. In other words, GSTIN for Meesho Suppliers is … Read more
The One-Person Company is a brand-new idea created by the 2013 Companies Act! (OPC). There must be at least 2 Directors and 2 Members in a Private Company, but there must be at least 3 Directors and 7 Members in a Public Company. Until recently, a company could not be formed by a single individual. … Read more
In this article, you will learn how to start bridal shop business in India. In the clothes and fashion sector, a bridal shop specializing in wedding attire and accessories is a valuable retail store business opportunity. Scope of Bridal Shop Business in India A wedding is one of the most expensive occasions a person will … Read more
Foreigners and non-resident Indians (NRIs) are drawn to India because of the country’s commercial opportunities. If you’re a non-resident and plan on selling goods or services, whether, for a short or long period of time, you’ll need to register for GST (Goods and Service Tax). Additionally, the non-resident taxable person is required to nominate someone … Read more
One of India’s most popular schemes amongst employees is the Employees State Insurance (ESI) Scheme. The scheme is valid for all the employees employed in different sectors across India. The scheme is regulated and monitored by a Self-Financing Security and Labor Welfare Organization Body known as ESIC. The governing body has to act according to … Read more