What is the procedure for Customs clearance ?

By |2021-06-30T05:15:59+00:00July 15th, 2019|Categories: Import Export|Tags: , , , , , , , , , , , , , |

Introduction: custom clearance procedure Custom clearance procedure works include formation and submission of documentation needed to help export procedure or imports into the country, describing the client while customs examination, evaluation, payment of duty and taking delivery of cargo from customs after clearance with documents. The documents included in customs clearance are : Exports Documentation custom [...]

Comments Off on What is the procedure for Customs clearance ?

How to manage inventories

By |2019-04-02T07:36:10+00:00April 2nd, 2019|Categories: Uncategorized|Tags: , , , , , , , , , , , , |

'Inventory Management is stock management'.The discipline carryout stocks. Meaning of inventory Inventory is a list of tangible materials and goods that carry economic value and detains in variant forms by the firm, business or the companies. It is the finest asset for business retained for an optimum goal of resale. Inventory is a tag for goods [...]

Comments Off on How to manage inventories

All about Suo Moto Registration & its Cancellation

By |2021-06-29T12:17:46+00:00March 25th, 2019|Categories: GST|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Under Section 25(8), when a person who is liable to get registration under the GST Act, but has failed to do so, for whatever reasons. And it comes to the notice of an officer, during a survey, inquiry, inspection, search or some other proceedings under the Act. Thereafter, that officer can take action to generate a Temporary ID, [...]

Comments Off on All about Suo Moto Registration & its Cancellation

GST reduced on household items : Middle Class Rejoices

By |2018-10-25T07:08:15+00:00September 15th, 2018|Categories: GST|Tags: , , , , |

What is GST? Unless you've been living under a rock, you must have heard about GST. On the 1st of July 2017, the taxation system in India was changed forever. GST is basically an indirect tax levied on the sale of goods and services. GST replaced the old system of VAT(Value Added Tax). Many government officials [...]

Government forms office of GST commissioner to curb GST evasion

By |2018-10-25T07:07:29+00:00September 13th, 2018|Categories: GST|Tags: , , , , , |

GST: Hit or miss? It is safe to say that the implementation and operations of GST had some initial glitches with the GST return procedures amongst others, most of these glitches have been resolved to a good extent. The government also had it's hands full providing bi-monthly compensation to states which rose significantly in the past [...]

GST Refund Claim procedure simplified

By |2020-09-09T08:07:00+00:00September 12th, 2018|Categories: GST|Tags: , , , , |

GST Refund Claim Issues GST has surely been a welcome change bringing much-needed structure to the taxation system in India.  However, there have been many glitches and implementation issues for GST Return and compliances. One of the issues for businesses is the process of GST refund claim. A lot of businesses were already facing liquidity issues, [...]