What is the income limit for OPC? If an OPC's paid-up capital exceeds ₹50 lakh or its average turnover in the last 3 years exceeds ₹2 crore, it must convert to a private or public company. #opcregistrationinsalem #onlineopcregistrationinsalem #onepersoncompanyregistrationinsalem https://www.shoplegal.in/opc-registration-in-salem.php

What is an OPC account? An OPC account is for a One Person Company (OPC), a business structure in India allowing single ownership, introduced by the Companies Act in 2013. #opcregistrationinsalem #onlineopcregistrationinsalem #onepersoncompanyregistrationinsalem https://www.shoplegal.in/opc-registration-in-salem.php

How many days take for GST approval? GST approval takes 7 days with Aadhaar verification; longer without due to physical verification. #gstregistrationinsalem #onlinegstregistrationinsalem #gst https://www.shoplegal.in/gst-registration-in-salem.php

Tax invoice under gst A GST tax invoice proves supply and is essential for claiming ITC. ITC requires possession of a tax invoice or debit note. #taxinvoiceundergst #gstregistrationintirupur #onlinegstregistrationintirupur https://www.shoplegal.in/gst-registration-in-tirupur.php

What is an assessment in GST? Under Section 2(11) of the GST Act, assessment means determining tax liabilities, including self- assessments, re- assessments, provisional- assessments, summary- assessments, and best judgment assessments. #gstregistrationinkarur #onlinegstregistrationinkarur #gstassessment https://www.shoplegal.in/gst-registration-in-karur.php

What is gstr9 GSTR-9 is an annual return for regular taxpayers, including SEZ units/developers, detailing purchases, sales, ITC, refunds, and demands. #gstr9 #gstregistrationincochin #onlinegstregistrationincochin #gstr9 https://www.shoplegal.in/gst-registration-in-cochin.php

What is gst return filing GST return details sales, purchases, output tax, input tax, and tax liability, payable after filing. #onlinegstreturnfiling #onlinegstreturn #gstregistrationincoimbatore #onlinegstregistrationincoimbatore https://www.shoplegal.in/gst-registration-in-coimbatore.php