What is the procedure for Customs clearance ?
Introduction: custom clearance procedure Custom clearance procedure works include development and document submission that is expected to help export strategy or imports into the country, portraying the customer while customs assessment, evaluation, payment of duty,...
Small Finance Bank license: Objectives, Rules, Key Challenges
Introduction Small finance banks are a type of bank that helps those sections which do not get support from other banks. Small finance banks provide basic bank facilities to the economical sections which are not supported by the other banks. It helps to provide...
Form MGT-8: Applicability, Compliance aspects & penalties
Introduction to Form MGT-8 Form MGT-8 is the certificate of performance of the annual return certified by the Secretary of the Company as follows: Having paid-up share capital of 10 Crore Rupees Or more or a turnover of fifty crore ropes Or more by the listed company,...
ROC filing due date : Meaning, forms, ITR, Consequences of not Filing
The Ministry of Corporate Affairs, in a statement, released on the 29th of October 2018, has declared to favor the requests of the stakeholders by extending the Roc filing due date of Financial Statements and Annual Returns in the forms (details of which are provided...
How to file Nil GST Return?
Everyone with a GST Registration must file GST Return, either there has been any turnover or not, within the month. In short, no Sale or Purchase has appeared, in a month, you, still, have to sign to Government GST Portal and comply with a NIL return. So if you are...
A guide to your copy of the GST Registration Certificate
All businesses whose turnover surpasses Rs. 40 lakh (for goods suppliers) and Rs. 20 lakh in case of services providers) have to get GST registration done in India. The limit is half; Rs 20 lakh for goods suppliers and Rs. 10 lakh for services providers, for Special...
Process for 12A and 80G Registration
A non-profit organization or non-governmental organization (NGO), a charitable trust, or a Section 8 Company, can apply for 80G registration as well as obtain certification under section 12A. Both certifications can be applied together or it can also be done...
Credit Co-operative society : Registration and Benefits
Introduction to credit cooperative society registration Credit cooperative society registration is generally registering credit cooperative society as per the legal documentation and with a gathering of individuals who have the same intention. Society Registration is...