Explore the Madras High Court ruling on allowing Input Tax Credit without physical invoices, emphasizing electronic records for GST compliance.
Understand the guidelines for processing GST registration applications by Proper Officers. Avoid rejection with clear documentation, matching details, and complying with risk assessments. Explore the benefits of Aadhaar authentication and expedite the physical verification process. Stay informed and compliant to ensure a smooth GST registration process.
New v/s Old tax regime Income tax calculator for FY 2023-24has been designed specially for salaried class persons who are having age less than 60 years and does not have income from Business or Profession and Capital Gain. This is only to have an idea that which tax regime will be beneficial. Please follow the […]
In the previous article [MSME Legal backdrops Series – Part II], we have gained knowledge about Chapter – I covering section 1 & 2 of MSMED Act, 2006. We have also discussed some important definitions viz. Supplier, Buyer, Enterprise, Goods etc. In this article, we will discuss about Chapter – II covering section 3 to […]
In the previous article [MSME Legal backdrops Series – Part I], we have gained knowledge about what is MSME, difference between terms MSE and SSI, legal background of MSME, MSMED Act, 2006, purpose of MSMED Act etc. In this article, we will discuss about some of the important provisions of MSMED Act, 2006 along with […]
To make the professionals, businessman and entrepreneurs to have an introduction cum information about the legal provisions related to MSME, a new series is being launched in which all the relevant legal provisions and rules will be discussed along with legal references. Efforts have been made to keep the language very simple so that even […]
Micro, Small and Medium Enterprises (MSME) is the most dynamic and vibrant topic of Indian economy. Now days, government has introduced a lot of schemes and provided a lot of packages to MSMEs to uplift them vis a vis economy. For detailed knowledge about MSME, MSMED Act, 2006 and related other provisions, kindly refer to […]
The term Micro, Small and Medium Enterprises (MSME) is very popular now days. Government is providing more and more relief measures and packages to boost MSMEs because it is the MSME which have the potential to lead India and make self reliant in line with our goal of ‘आत्मनिर्भर भारत अभियान‘ . MSMEs are governed […]
Micro, Small & Medium enterprises are the backbone of growing Indian economy. From some time, this term has come into lime light because government has issued various Rules, Directives and also enacted law for promotion, development and enhancing competitiveness of MSMEs. In this article, we will be covering following points:- 1. An introduction to MSMEs […]
F.No. UAM/MC/01/2017-SME Government of India Ministry of Micro, Small & Medium Enterprises (SME Section) *** Udyog Bhawan, New Delhi Dated: 27.06.2017 OFFICE MEMORANDUM Sub: Activities (NIC codes) not covered under MSMED Act, 2006 for registration of Udyog Aadhaar Memorandum(UAM)- regarding The undersigned is directed to inform that Sub Section 1 of Section 7 of Micro […]
