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What is the work of Ice gate?The Indian Customs Electronic Gateway (ICEGATE) is the official e-commerce portal of the Central Board of Indirect Taxes and Customs (CBIC). It plays a crucial role in facilitating paperless customs clearance for businesses involved in international trade. ICEGATE provides an efficient platform for importers, exporters, customs brokers, and logistics service providers to handle customs...0 Comments 0 Shares 25 Views 0 ReviewsPlease log in to like, share and comment!
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Import and export license validityAn Importer Exporter Code (IEC) is a mandatory requirement for businesses involved in international trade. The IEC registration in Bangalore is issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, allowing businesses to import or export goods and services across borders. One of the common concerns among traders is understanding the validity of...0 Comments 0 Shares 24 Views 0 Reviews
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Import and export license validityAn Importer Exporter Code (IEC) is a mandatory requirement for businesses involved in international trade. The IEC registration in Bangalore is issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, allowing businesses to import or export goods and services across borders. One of the common concerns among traders is understanding the validity of...0 Comments 0 Shares 22 Views 0 Reviews
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What is the full form of FBO?The FBO’s full form is Food Business Operator. An FBO refers to any individual or business entity involved in the manufacturing, processing, storage, distribution, or sale of food products. As per the Food Safety and Standards Act, 2006, all FBOs in India must obtain an FSSAI registration or license to ensure food safety and hygiene standards are met. If you're operating a food business...0 Comments 0 Shares 18 Views 0 Reviews
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How can I check my FSSAI certificate status?The Food Safety and Standards Authority of India (FSSAI) is a regulatory body that ensures the safety and quality of food products in India. After applying for FSSAI registration in Bangalore, applicants can easily track their application status online. Monitoring your certificate status helps businesses stay updated on their registration process and avoid unnecessary delays. Why is Checking...0 Comments 0 Shares 34 Views 0 Reviews
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What is basic FSSAI registration?Food Safety and Standards Authority of India (FSSAI) registration is mandatory for all food businesses operating in India. It ensures food safety, hygiene, and compliance with regulations. For small-scale food businesses, Basic FSSAI Registration is required, which is the simplest category of FSSAI licensing. What is Basic FSSAI Registration? Basic FSSAI Registration is designed for small...0 Comments 0 Shares 27 Views 0 Reviews
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Can LLP be converted to PVT Ltd?Yes, it is possible to convert a Limited Liability Partnership (LLP) into a Private Limited Company (PVT Ltd) in India, provided certain conditions are met. This conversion allows businesses to leverage the advantages offered by a Private Limited Company, such as limited liability, enhanced credibility, and greater access to capital. The process of conversion from an LLP to a Private Limited...0 Comments 0 Shares 15 Views 0 Reviews
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What are the compliances of LLP?Limited Liability Partnerships (LLPs) are an attractive business structure in India, providing the benefits of limited liability along with the flexibility of a partnership. However, to maintain the status of an LLP, there are various legal and regulatory compliances that need to be fulfilled. These compliances ensure that the LLP operates smoothly and remains in good standing with the...0 Comments 0 Shares 13 Views 0 Reviews
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Is LLP liable for tax audit?In India, a Limited Liability Partnership (LLP) is a popular business structure that combines the benefits of both a company and a partnership. However, when it comes to taxation and compliance, many LLP owners wonder whether they are liable for a tax audit. The requirement for a tax audit depends on various factors such as the turnover, nature of the business, and the specific provisions laid...0 Comments 0 Shares 14 Views 0 Reviews
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Who pays GST, tenant or landlord?In the context of rental income and GST, the responsibility for paying GST typically falls on the landlord or property owner. However, the tenant may be indirectly affected, as the landlord usually includes the GST amount in the rent charged. Below is a breakdown of who pays GST and the role of GST registration in Bangalore for both landlords and tenants. 1. Landlord’s Responsibility for...0 Comments 0 Shares 65 Views 0 Reviews
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How do I avoid GST on my rent?To be eligible for GST exemption, the rental charges must satisfy these conditions: Room rent should not exceed ₹1,000 per day, rent for community halls or open spaces must be under ₹10,000 per day, and the rent for shops or commercial spaces should be less than ₹10,000 per month. Let’s see in detail. Residential Rental Properties The first and simplest way to avoid GST is by renting...0 Comments 0 Shares 64 Views 0 Reviews
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What is the GST limit for rental income?In India, Goods and Services Tax (GST) applies to various services and transactions, including rental income. However, rental income’s applicability to GST depends on certain conditions outlined by the government. For property owners in cities like Bangalore, understanding the GST limit for rental income is crucial, especially when considering GST registration in Bangalore. GST on Rental...0 Comments 0 Shares 57 Views 0 Reviews
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What is the GST limit for small business?Goods and Services Tax (GST) is a mandatory tax system in India, applicable to businesses based on their annual turnover. However, small businesses enjoy a threshold exemption limit, allowing them to operate without GST registration in Coimbatore if their revenue falls below a certain level. With online GST registration in Coimbatore, small businesses can easily comply with tax regulations if...0 Comments 0 Shares 20 Views 0 Reviews
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Who is not required to register under GST?Goods and Services Tax (GST) is a unified tax system in India that mandates businesses to register if their turnover exceeds a specific threshold. However, not all businesses or individuals are required to obtain GST registration. Understanding the exemptions is crucial for compliance and avoiding unnecessary registration. If you're looking for GST registration in Coimbatore, it's essential to...0 Comments 0 Shares 22 Views 0 Reviews
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Who benefits from an LLP?Limited Liability Partnerships (LLPs) are an attractive option for entrepreneurs looking to start a business with the flexibility of a partnership while enjoying the protection of limited liability. LLPs have gained popularity in India, especially among startups and small businesses, due to their advantages over traditional partnership firms and private limited companies. If you're considering...0 Comments 0 Shares 47 Views 0 Reviews
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7 reasons why start-ups should choose Limited Liability Partnerships (LLPs) to start their businessesLimited Liability Partnerships (LLPs) have become one of the most popular business structures for startups in India. With LLP registration in Bangalore becoming more accessible through online LLP registration in Bangalore, many entrepreneurs are opting for this flexible and cost-effective business model. Here are seven key reasons why startups should consider LLPs as their preferred choice when...0 Comments 0 Shares 45 Views 0 Reviews
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