Year: 2025

What is an LLP? An LLP is a body corporate formed and incorporated under the LLP Act, 2008. It has a separate legal entity distinct from its partners and offers limited liability protection to its partners. Unlike a traditional partnership firm, an LLP is governed by a statutory framework, ensuring better compliance and transparency. Key […]

Mandatory KYC for DIN Holders – DIR-3kyc or DIR-3kyc web ? Due date for filing the DIR-3 KYC form for the financial year 2024–25 is September 30, 2025. This annual compliance is mandatory for all directors holding a Director Identification Number (DIN) as of March 31, 2025. Who Needs to File DIR-3 KYC? First-time filers […]

LLP Form 11: Due Date and Compliance Under LLP Act, 2008 Limited Liability Partnerships (LLPs) have emerged as a popular business structure in India due to their hybrid benefits of a company and a partnership. However, with the ease of doing business comes the responsibility of compliance. One of the key annual compliance requirements for […]

Understanding the D.K. Basu Guidelines: Safeguarding Rights During Arrests In the landmark case of D.K. Basu vs. State of West Bengal, the Hon’ble Supreme Court of India laid down comprehensive guidelines to prevent custodial torture and protect the rights of individuals during arrest and detention. These guidelines are pivotal in ensuring transparency, accountability, and the […]

What is APEDA ? APEDA (Agricultural and Processed Food Products Export Development Authority) registration is essential for Indian exporters dealing with scheduled agricultural and processed food products. It enables exporters to obtain the Registration-Cum-Membership Certificate (RCMC), which is mandatory for availing benefits under APEDA’s export promotion schemes. Documents Required for APEDA Registration To register with […]

Place of Supply Errors in B2B Transactions In the realm of Goods and Services Tax (GST), the concept of Place of Supply (POS) is pivotal. It determines the nature of a transaction—whether it’s inter-state (attracting IGST) or intra-state (attracting CGST and SGST)—and directly impacts the eligibility of Input Tax Credit (ITC) for businesses. However, misinterpretations […]

GST Applicability for Bakery &Restaurant Operations Understanding Classification as “Restaurant Service” and Applicable GST Rates Based on a detailed examination of relevant GST law provisions, CBIC circulars, judicial rulings, and departmental clarifications, we provide the following professional opinion regarding the GST applicability on bakery operations in India: 1.Classification of Bakery Operations as “Restaurant Service” As […]

Composition Scheme in GST: Is It Still Relevant in 2025 The Goods and Services Tax (GST) Composition Scheme, introduced under Section 10 of the CGST Act, 2017, was designed to simplify tax compliance for small businesses by allowing them to pay GST at a fixed rate based on their turnover. As of 2025, the scheme […]

Top 10 GST Mistakes SMEs Must Avoid in 2025 Navigating the Goods and Services Tax (GST) regime can be challenging for small and medium-sized enterprises (SMEs) in India. While GST aims to simplify indirect taxation, its compliance requirements can be intricate. Avoiding common pitfalls is crucial to ensure smooth operations and prevent penalties. Here are […]

GST Registration in India: Who Needs It and Why It’s Mandatory The Goods and Services Tax (GST) regime, rolled out in India on July 1, 2017, unified indirect taxes across the country into a single framework. One of the most critical aspects of compliance under GST is registration—which is mandatory for several categories of individuals […]