Know About Company Registration In Mumbai

The process of Company Registration in Mumbai can be completed with ease in 25 working days.

IMPORTANT DOCUMENTS

Every Director of the company must mandatorily have PAN Card issued by the Income Tax department as an Identity proof & an address proof in his name, scanned copies of proofs & 2 passport size photographs of each Director are must.

NAME AVAILABILITY

The process of name search of the company is important to ensure that there is no existing similar company already registered in India or for which an application for registration has been submitted.

FEE PAYMENT

Export Bond For GST Or Letter Of Undertaking (LUT)

Entities that are involved in the Export of goods having GST registration are permitted to export goods without the payment of IGST by furnishing an Export bond or Letter of Undertaking (LUT) in Form GST RFD-11. Small exporters must file GST RFD-11 prior to the export if they wish to avoid the blocking of working capital.

Exempt Supply Under GST Regime

MEANING: Exempt supply under GST includes Nil rated (taxable at 0%) & Non-taxable supplies. Persons dealing exclusively in Nil rated or 100% Exempt goods/services are…

Nil Rated Supply Under The GST Regime

Nil rate or 0% is the rate of tax on the output supplies. Sales of Nil rated goods to a Local or Inter-state Consumer does not attract GST. Exempt supplies include Nil rated supplies (taxable at 0%) & Non-taxable supplies.

Everything About Compensation Cess Under GST

The GST Compensation cess is levied under section 8 GST act, 2017. It would be imposed for a period of 5 years from GST implementation. It is levied on intra-state supply of goods or services & inter-state supply of goods or services to provide compensation to the States for loss of revenue due to implementation of GST in India.