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We looked inside some of the posts by quidsolutions-blog and here's what we found interesting.
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Time Between Posts
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3
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What is ICEGATE AD Code?
The ICEGATE AD Code is a 14-digit code that is issued by a bank to an exporter who has a business current account with the bank. The code is printed on bank letterhead and can be used to make foreign remittances. To obtain an ICEGATE AD Code, the exporter must first register with the Director General of Foreign Trade (DGFT) for an Import Export Code (IEC). Once the exporter has an IEC, they can…
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What is a Private Limited Company?
A private limited company (or Pvt. Ltd.) is a type of business entity that is limited in terms of the number of shareholders and the amount of information that is publicly available about the company. Private limited companies are popular among small and medium-sized businesses because they offer a number of advantages, including: Limited liability: The shareholders of a private limited company…
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E-Invoicing is Mandatory for Companies with a Turnover of More than 100 Crore
The Goods and Services Tax (GST) Council has made e-invoicing mandatory for companies with a turnover of more than Rs 100 crore. The new rules came into effect on 1st May 2023. All businesses with an annual turnover of more than Rs 100 crore are required to generate e-invoices for all B2B transactions. E-invoicing is the process of generating and transmitting invoices in electronic format.…
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