08
Oct
WHAT IS A SOLE PROPRIETORSHIP
WHAT IS A SOLE PROPRIETORSHIP?PROPRIETORSHIP COMPLETE INFORMATIONDoing business in PROPRIETORSHIP is one of the simplest and easiest forms where a single person owns and is personally responsible for all the payments and receipts of the business. It is the most reported in India due to its low cost and low…
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08
Oct
LETTER OF UNDERTAKING LUT
GST AlertSubmit Undertaking (LUT) letter for the financial year 2021-22 by 31.03.2021· InterpretationLetter of Undertaking (LUT): Export without paying tax can be done only after filing a bond or Letter of Undertaking (LUT) applicable to the exporter. There was a lot of ambiguity about what exports were to be done…
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