According to GST, bartering and exchanging are two major types of supply. Currently, Barter transactions are also growing in India. Therefore. In this article, you will understand the specifics of both terms. In GST parlance, what exactly is the barter system? The CGST Act of 2017 does not include a definition for barter. However, In … Read more
GST stands for Goods and Services Tax. It’s an indirect tax that’s meant to replace a number of other indirect taxes in India, including excise duty, value-added tax, services tax, and so on. On 29 March 2017, the Parliament enacted the Goods and Service Tax Act, which took effect on 1 July of the same … Read more
Pitch Decks offers investors all the input they need so they can determine if they are willing to invest in your enterprise. An effective pitch deck is crucial for attracting investors’ attention. If you need money or want investors to be interested in your business, you should always have a Pitch Deck on hand. Let … Read more
The Corporate Affairs Ministry (MCA) has instituted guidelines to strengthen the verification process post-incorporation as part of its ongoing effort to eliminate shell corporations and dormant firms. This article will inform you all about the latest notification from MCA in order to eliminate shell companies. MCA notification on Third Amendment Rules, 2022 Physical Verification of … Read more
The purpose of a pitch deck is to quickly and concisely introduce your company, its goods and services, and its growing traction to potential investors or customers. You, the entrepreneur, likely already know that money is essential to launch your firm or implement your idea. This money typically comes from people outside of your own … Read more
Non-Governmental Organization refers to a group that is not run for profit but rather serves a greater good. In India, establishing an NGO follows the same rules as incorporating a regular company. Articles concerning companies registering trademarks for their names or logos, or engaging in legal battles over them, appear often in the news. Given … Read more
For a country to prosper economically, education is seen as a prerequisite. Any country’s ability to produce a skilled workforce is directly tied to the standard of its educational system. Therefore, Taxing the educational industry has always been controversial since learning is seen as a civic duty rather than a commercial enterprise. Inspiringly, schools are … Read more
Foreign Trade Policy (FTP) for 2015–2020 comprises the Merchandise Export from India Scheme (MEIS). To encourage more exports, the MEIS was established. Foreign merchants are compensated with duty credit scrips. The DGFT (Directorate General of Foreign Trade) notifies, and the Ministry of Commerce and Industry implements, the MEIS. What is MEIS? The government provides support … Read more
There are three necessities for human survival: food, shelter, and clothing. We can choose from a few different possibilities for a place to live: Buildings / Apartments, Houses, Hotel or Hostels. Hostels are common and one of the most popular residential options for Indians. This article will inform you about GST on Hostel in detail. … Read more
Application for GST Registration Cancellation can be submitted by taxpayer or heir to the tax authorities through online mode. This process is also known as the surrender of GST Registration or Cancellation of GST Registration. In case your business has company registration, or board members, it also needs to pass a board resolution for cancellation … Read more