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I'm assuming you are also a citizen of a foreign country holding Person of Indian Origin ID card. If you are residing in India for at least 6 months in India, you and your wife can start a Private limited company in India. However, if you are not a resident in India, then you will have to have at least one resident in India as a Director of your compa...
Wazzeer Professional Network
ProfessionalI'm a Person of Indian origin. Can I start a private limited company in India with my wife who is not an Indian citizen
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Wazzeer Professional Network
ProfessionalI'm assuming you are also a citizen of a foreign country holding Person of Indian Origin ID card. If you are residing in India for at least 6 months in India, you and your wife can start a Private limited company in India. However, if you are not a resident in India, then you will have to have at least one resident in India as a Director of your company. You and your wife can hold 100% of the shares in the company if 100% FDI is allowed in the Business you intend to do.
10 months ago
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I'm a Person of Indian origin. Can I start a private limited company in India with my wife who is not an Indian citizen
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Wazzeer Professional Network
ProfessionalI'm assuming you are also a citizen of a foreign country holding Person of Indian Origin ID card. If you are residing in India for at least 6 months in India, you and your wife can start a Private limited company in India. However, if you are not a resident in India, then you will have to have at least one resident in India as a Director of your company. You and your wife can hold 100% of the shares in the company if 100% FDI is allowed in the Business you intend to do.
10 months ago
We are not sure why and how you paid GST under reverse charge mechanism. The government of India has deferred this indefinitely. However, when it was envisioned, the Input Tax Credit (ITC) was supposed to be taken from the subsequent months and not in the same month. For Eg., If you have made a payment to an unregistered vendor in the month of June, y...
Wazzeer Professional Network
ProfessionalWhether tax paid under reverse charge mechanism (GST) can be utilized as Input tax credit in the same month?
I paid tax under reverse charge basis (in cash). Can I utilize this amount in the same month against the output liability? If no, when can I utilize this amount as input tax credit? Kindly, provide section reference.
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Wazzeer Professional Network
ProfessionalWe are not sure why and how you paid GST under reverse charge mechanism. The government of India has deferred this indefinitely. However, when it was envisioned, the Input Tax Credit (ITC) was supposed to be taken from the subsequent months and not in the same month. For Eg., If you have made a payment to an unregistered vendor in the month of June, you will have to pay the GST under reverse charge mechanism before July 20th. You can take this as ITC while filing your July returns before August 20th.
10 months ago
View answer
Whether tax paid under reverse charge mechanism (GST) can be utilized as Input tax credit in the same month?
I paid tax under reverse charge basis (in cash). Can I utilize this amount in the same month against the output liability? If no, when can I utilize this amount as input tax credit? Kindly, provide section reference.
-
Wazzeer Professional Network
ProfessionalWe are not sure why and how you paid GST under reverse charge mechanism. The government of India has deferred this indefinitely. However, when it was envisioned, the Input Tax Credit (ITC) was supposed to be taken from the subsequent months and not in the same month. For Eg., If you have made a payment to an unregistered vendor in the month of June, you will have to pay the GST under reverse charge mechanism before July 20th. You can take this as ITC while filing your July returns before August 20th.
10 months ago
The work you are doing is categorized as Event management and GST of 18% is applicable to the service you are providing. However, GST is not applicable on Prasad that is served by religious institutions to the devotees.
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Wazzeer Professional Network
ProfessionalApplicability of gst on Puja service
I am rendering puja service (Hinduism related) to my clients. I collect service charge from my clients & organise everything related to the puja. Whether gst is applicable on this service? If yes, kindly let me know the section or rule number.
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Wazzeer Professional Network
ProfessionalThe work you are doing is categorized as Event management and GST of 18% is applicable to the service you are providing. However, GST is not applicable on Prasad that is served by religious institutions to the devotees.
10 months ago
View answer
Applicability of gst on Puja service
I am rendering puja service (Hinduism related) to my clients. I collect service charge from my clients & organise everything related to the puja. Whether gst is applicable on this service? If yes, kindly let me know the section or rule number.
-
Wazzeer Professional Network
ProfessionalThe work you are doing is categorized as Event management and GST of 18% is applicable to the service you are providing. However, GST is not applicable on Prasad that is served by religious institutions to the devotees.
10 months ago
You have to take 2 licenses which are compulsory for your line of business
1. Trade License: This license needs to be obtained from the Health Department of the local municipal authority. The requirement of this license is based on your location. But usually, this is applicable in Urban areas only.
2.
Wazzeer Professional Network
ProfessionalSetting up small business to sell homemade pickles and batter. What licenses do we need?
We would like to sell some homemade pickles and idly/dosa batter to small vendors/local shops packed at our home itself. What permissions do we need to setup such kind of small homemade business. Please help us regarding this. Thanks, Mahesh, Bangalore.
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Wazzeer Professional Network
ProfessionalYou have to take 2 licenses which are compulsory for your line of business
1. Trade License: This license needs to be obtained from the Health Department of the local municipal authority. The requirement of this license is based on your location. But usually, this is applicable in Urban areas only.
2. Food License: This license is issued by Food Safety and Security Authority of India (FSSAI). This is to be taken compulsorily for legal commercial manufacturing of edible items in India.
Apart from these registrations, you are also required to take other registrations like GST, Professional Tax, PF, ESI, MSME etc. But these registrations should be taken irrespective of your line of business
10 months ago
View answer
Setting up small business to sell homemade pickles and batter. What licenses do we need?
We would like to sell some homemade pickles and idly/dosa batter to small vendors/local shops packed at our home itself. What permissions do we need to setup such kind of small homemade business. Please help us regarding this. Thanks, Mahesh, Bangalore.
-
Wazzeer Professional Network
ProfessionalYou have to take 2 licenses which are compulsory for your line of business
1. Trade License: This license needs to be obtained from the Health Department of the local municipal authority. The requirement of this license is based on your location. But usually, this is applicable in Urban areas only.
2. Food License: This license is issued by Food Safety and Security Authority of India (FSSAI). This is to be taken compulsorily for legal commercial manufacturing of edible items in India.
Apart from these registrations, you are also required to take other registrations like GST, Professional Tax, PF, ESI, MSME etc. But these registrations should be taken irrespective of your line of business
10 months ago
You have to take 2 licenses which are compulsory for your line of business
1. Trade License: This license needs to be obtained from the Health Department of the local municipal authority. The requirement of this license is based on your location. But usually, this is applicable in Urban areas only.
2.
Wazzeer Professional Network
ProfessionalSetting up small business to sell homemade pickles and batter. What licenses do we need?
We would like to sell some homemade pickles and idly/dosa batter to small vendors/local shops packed at our home itself. What permissions do we need to setup such kind of small homemade business. Please help us regarding this. Thanks, Mahesh, Bangalore.
-
Wazzeer Professional Network
ProfessionalYou have to take 2 licenses which are compulsory for your line of business
1. Trade License: This license needs to be obtained from the Health Department of the local municipal authority. The requirement of this license is based on your location. But usually, this is applicable in Urban areas only.
2. Food License: This license is issued by Food Safety and Security Authority of India (FSSAI). This is to be taken compulsorily for legal commercial manufacturing of edible items in India.
Apart from these registrations, you are also required to take other registrations like GST, Professional Tax, PF, ESI, MSME etc. But these registrations should be taken irrespective of your line of business
10 months ago
View answer
Setting up small business to sell homemade pickles and batter. What licenses do we need?
We would like to sell some homemade pickles and idly/dosa batter to small vendors/local shops packed at our home itself. What permissions do we need to setup such kind of small homemade business. Please help us regarding this. Thanks, Mahesh, Bangalore.
-
Wazzeer Professional Network
ProfessionalYou have to take 2 licenses which are compulsory for your line of business
1. Trade License: This license needs to be obtained from the Health Department of the local municipal authority. The requirement of this license is based on your location. But usually, this is applicable in Urban areas only.
2. Food License: This license is issued by Food Safety and Security Authority of India (FSSAI). This is to be taken compulsorily for legal commercial manufacturing of edible items in India.
Apart from these registrations, you are also required to take other registrations like GST, Professional Tax, PF, ESI, MSME etc. But these registrations should be taken irrespective of your line of business
10 months ago
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