GST Registration Online: SuperCA

  Circular No. 160/16/2021-GST dated 20th September, 2021 published by the CBIC, has imparted a clarification in respect of certain GST related issues. Clarification with respect to section 16(4) for Debit Notes, Carrying physical copy of E-Invoice during transportation & refund of GST on goods where export duty is applicable, has been provided.     ➤ Availment of ITC on debit notes   The Section 16(4) of the CGST Act, 2017 was amended vide the Finance Act, 2020, so as to delink the date of issuance of debit note from the date of issuance of the underlying invoice for purposes of availing input tax credit w.e.f 01.01.2021. The line of amendment that was made stated:   “A registered person shall not be entitled to take ITC in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return u/s 39 for the month of September following the end of FY to which such invoice or invoice relating to such debit note pertains or furnis

Company Registration is the overriding and most important step for any business organization. To protect your business and secure its rights, company registration is very essential. It shields the business from personal liability and protects from other risks and losses and at the same time provides more customer attraction, more capital contribution, greater stability and increases the company's potential to expand. Before going for company registration , you should have a clarity on the kind of business you are into, your goals and objectives since each of these types come with their own legal implications.  There are various forms of businesses available that one can register with both as a simple owner or as partnerships. Among the single owner company forms, ‘ One Person Company’ in India is a new concept that has been introduced with the Company's Act 2013. In OPC, the company can be registered under MCA and Companies Act, 2013. If you want to start a corporation with l