GST-How To File Returns Online And Everything About Deadlines

All the business which are registered with income tax department have to file GST returns, deadline varies from business to business, returns can be filed monthly to annually depending upon conditions a particular business category has imposed. In layman terms, a GST return is a document which contains all the details of income which a taxpayer has to disclose to the income tax department. Returns are filed under both purchase and sales, in finance terms, these are called Output and Input GST respectively. To file these returns a taxpayer will need all the purchase and sales invoices.

Eligibility

In current GST norms, anyone who is registered with It Department has to file returns twice a month, meaning 26 returns in a financial year. All the businesses have to declare their monthly input and output income themselves, This form of return is called GSTR-1. It is followed by GSTR 3B form which automatically gets populated taking information from GSTR-1. Due date is 11th of the next month of the month return is being filled. The deadline for GSTR-3B is 20th of the next month.

Steps to file Returns Online

Under the new GST setup, filling returns has become entirely automated, this helps the stakeholders of both sides. There is a software and mobile app has been provided to businesses by goods and services network (GSTN) which can auto-fill the details on every GSTR form, taking data from previous transactions. All the businesses have to is to do to login to GST website. The business will be allocated a 15 digit ID number based on the Permanent account number of the business. Business can upload the invoices directly from the web portal or they can use the GSTN software. A reference number will be issued for each and every invoice. Once the invoices are successfully uploaded, the business has to declare their sales and purchase income in the form of outward and inward return, then after gross annual income has to be entered. If one errs in the process the one can correct it from the portal. All the supply returns have to be declared in the GSTN-1 form using the information section on the portal, this could only be done on or before the 10th of the following month. All the details which have been declared by the business will be made available to it through the form

Practice Areas

The Procedure for Hearings of Trademark in India

A trademark or a trade-mark is known to be a type of intellectual property that contains a familiar sign, design or an expression that can distinguish products or services of a particular source from others. Trademarks, which are also called service marks, can have either an individual as the owner or a business organization or a legal entity. It can be seen on a product or its label or a voucher, or on a package. Sometimes, you might find organizations displaying their trademarks over their buildings. This is because it has a legal recognition of the intellectual property. We also have hearings of trademark in India often these days.

What Is a Trademark Hearing?

Trademark Hearing is the appearance of the person either by himself or through a trademark agent or a trademark attorney, before the registrar of trademarks. Trademark hearing generally takes place to remove the objections raised through the examination report issued a few days after the application of the trademark registration. In case the registrar is not satisfied with the reply filed against the objection raised in the examination report, trademark hearing takes place in such a case.

Pre-Trademark Hearing

Why does trademark hearing in India happen? Once the reply is submitted to the registrar, it now depends on the discretion power of the registrar if he will accept the filing or reject. In case he is unsatisfied with the reply filed, the trademark status displays “Ready for show cause hearing”. Within a few months, a hearing notice will be in your hand, with the date and time of the hearing mentioned. However, the respective trademark hearing officer will be given on the day of hearing only.

Documents Required for Hearing

  • Power of Attorney in favour of trademark attorney
  • Authorization letter – The applicant gives the authorization letter to the attorney t authorize him to hear the case
  • Affidavit of usage – the complete details of the usage of the brand name is given by the applicant. The affidavit of usage plays an important role in the trademark getting registered. The applicant has a great emphasis on the same.
  • Proof of Business
  • Examination Report
  • Additional notes – Short notes that are related to your case along with the required examples can make the case strong and help in getting the trademark registered.
  • Hearing notice

Can Trademarks Get Refused?

The trademarks can be refused on the below-mentioned grounds
  • If the trademarks do not show any distinguishing characteristics that can differentiate between the

    Practice Areas

Insolvency and Bankruptcy law in India-Appointment of Insolvency Professional

In this expanding world, competition is increasing with every second of every minute. And due to this competition, the problem of unemployment is increasing day by day. With the increasing employment and even more increasing competition, it is becoming next to impossible to find a stable job. This goes for persons in every field. But the most affected area in the field of law and arts. Attorney, or commonly known as a lawyer, practices the code and make ordinary people aware of the rules and rights. Apart from this, the work of the lawyer also provides advice to their clients for their business, their taxes, court rulings, legal documents and also argues for cases in courts.

What are the problems related to insolvency?

Insolvency or commonly known as Bankruptcy is the problem in which a person becomes unable to pay the loan taken by him from some bank. In such cases, the bank declares the person bankrupt and ceases his property and all his belongings unless he can pay the sum properly with all other fees. There are many factors which can lead to insolvency or Bankruptcy. Some of them are mentioned below.
  • Improper Cash-Flow
The major cause of insolvency is the improper flow of cash. This problem arrives mainly for business with improper credit flow. With a lack of money at a needed time, the owner of the company will not be able to pay his lends and thus can go bankrupt.
  • Delayed Payments
Delayed payments from consumers or other big consumers is also a problem. When other companies take your product in their manufacturing process, a trade is being made. If in this trade, one part that is the money flow part is delayed, the main company eventually will not be able to maintain the cash flow and can lead to insolvency.
  • Creditors problems
There are sometimes even problems in negotiation. Negotiation in business plays an important role and must be taken calmly even as the decisions which are made in a business and decisions which are important with it. Arguing won’t solve anything and will only make things worse for everyone, especially for the company and the owner. Arguing with your creditors or the persons who are involved in the flow of money can lead to a bigger money problem at a later stage and so, must be solved immediately.
  • Lack of Investment
This is the most important point of all. One must ensure everything before

Practice Areas

Bankruptcy

fLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum. Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Practice Areas

Car Accident

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum. Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Practice Areas

Compensation Law

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum. Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Practice Areas