Hi All,
What is the procedure for conversion from a normal scheme to a composition scheme under GST?
Also please let us know about the Input Credit pending utilization.
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Our company is registered under under section 10 of CGST Act, 2017. As on June 10, 2022 our turnover exceeds the threshold limit provided u/s 10 we have to register under normal scheme. If we register under normal scheme today i.e., July 13, 2022, Shall we eligible for ITC of stock held by the company and also on Capital good purchased by the Company?
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Dear All,
One of my client is willing to surrender his DIN as he is resigning from the company and in future also he is not going to be appoint himself in any company.
As per the rule 11 of Chapter XI- Cancellation or Surrender or Deactivation of DIN clause (a) to (e) does not states anything about normal surrender of DIN.
Therefore, request you to please guide me how I may proceed further to surrender DIN in normal course under the Companies Act, 2013.
Even in the prescribed form DIR-5 no option has been given for the normal course of surrender of DIN.
Early response will be highly appreciated.
is their any special requirement for closure of startup company compare to normal pvt. company?
