Converting proprietorship business to a private limited company

You start a business as a proprietorship. After sometime, the business starts growing, which brings the need to change the constitution of the business from proprietorship to a company due to various factors such as: Need of capital for further expansion of business, saving in income tax through reduced tax rate etc. There are number… Continue reading

Legal requirements for selling goods or services through social media platforms like Instagram, Facebook, YouTube etc.

We all have presence in social media. It keeps us connected and makes us approachable. One of the most important & emerging area in Social media would certainly be selling goods or services through Social media networks like Facebook, Instagram, LinkedIn, YouTube etc. While most of us are aware of how to sell the goods… Continue reading

Management & compliance requirements to be met by an Ecommerce business

You have an Ecommerce business. Whether you own an e-commerce portal or you are a seller on portals like Amazon, Flipkart etc. In order to start selling and to meet the compliance requirements, one need to take care of various compliances like GST Return Filing, ITR filing, trademarks, TCS and TDS applicability, etc. All these processes… Continue reading

Process of claiming refund of GST on export electronically

Here, I aim to discuss the new procedures around claiming refund of GST for businesses engaged in export of goods or services. Earlier due to the unavailability of electronic fund module on common portal, a temporary mechanism was devised and implemented wherein applicants were required to file the refund of application and the supporting documents… Continue reading

Are doctors required to register under GST?

This article deals with the question- whether GST registration for doctors is required ?The health care sector is one of the biggest sectors in India, is regulated by the Indian Medical Association (IMA). Doctors, apart from engaging themselves in healthcare services by working as doctors and consultants in hospitals, or running their own clinic etc. can… Continue reading