What Is a Fake Invoice Under GST and Its Penalties?
Under GST law, fake invoices refer to invoices that are created and produced without any actual supply of goods or services. These invoices are often used for tax evasion or...
How to File a GST Complaint for Tax Evasion?
GST Goods and Services Tax is abbreviated as GST. The supply of products and services is subjected to a value-added tax that various countries, like India, Canada, Australia, and others,...
Penalties (or) Punishment for Trademark Infringement in India
Any word, phrase, symbol, design, or combination of these that differentiates your products or services could be considered a trademark. Customers use their registered trademarks to distinguish them from their...
Documents Required for GST Registration for Sole Proprietorship Firms in India.
Introduction to Sole Proprietorship and GST Registration In a sole proprietorship, the person who owns it is solely responsible for running the business and is accountable for all its assets,...
Can an Existing IEC Code Be Used for Two or More Businesses?
An exclusive 10-digit code called the Importer-Exporter Code (IEC) is required for importing and exporting goods from India. It is issued by the Director General of Foreign Trade (DGFT) and...
IEC Modification for Changes in Business Information | How To Do?
In the dynamic business world, change is the only thing that never changes, and as businesses expand, they frequently come into circumstances that require modifications to their Import-Export Code (IEC)....
Difference Between IE Code and Import Export License
In modern times, with a rapidly globalizing economy, trade between nations is crucial for promoting economic growth and establishing cross-border corporate relationships. Whether you’re a business owner starting a company...
How to Get IEC Code for Proprietorship Firm in India?
Due to its simplicity, ease of formation, low cost, and lack of a separate legal personality, the sole proprietorship is a common business structure. Anyone in India can start a...