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  NO OBJECTION CERTIFICATE (NOC)   TO WHOMSOEVER IT MAY CONCERN I, [Name of Owner] , S/o / D/o / W/o [Father’s/Husband’s Name] , residing at [Owner’s Full Residential Address] , do hereby solemnly affirm and declare as under: That I am the lawful owner of the property situated at: [Full Address of the Premises to be used for GST Registration] That I have let out / permitted the above-mentioned premises to: [Name of Applicant / Business Entity] , PAN: ____________ for the purpose of carrying out business activities. I have no objection if the above-mentioned person/entity uses the said premises as their principal place of business / additional place of business for obtaining GST registration under the provisions of the Central Goods and Services Tax Act, 2017 and allied laws. This permission is granted purely for business and GST registration purposes. I hereby declare that the information given above is true ...

  What Is the Final Return in Case of GST Cancellation? Cancellation of GST registration does not end compliance immediately. Even after surrender or cancellation by the department, one important legal requirement remains — filing the Final Return . As per Section 45 of the Central Goods and Services Tax Act, 2017, every registered person whose GST registration has been cancelled must file a Final Return in Form GSTR-10 within three months from the later of: The date of cancellation, or The date of the cancellation order. What Is GSTR-10? GSTR-10 is a one-time return filed after GST cancellation. It ensures that all tax liabilities are properly settled before complete closure of registration. It is applicable to: Regular taxpayers whose registration is cancelled voluntarily Taxpayers whose registration is cancelled by the department Businesses that discontinue operations It is not required for: Composition taxpayers ...

The Composition Scheme under GST looks simple and attractive — lower tax rates, quarterly payments, and minimal compliance. But here’s the truth: Lower rate does not always mean lower tax burden. Before opting under Section 10 of the CGST Act, every business must understand what they are giving up. What Most Businesses Overlook 1.No Input Tax Credit (ITC) Composition dealers cannot claim ITC on purchases and cannot pass ITC to customers. If your inputs carry substantial GST, your real tax cost may increase despite lower rates. 2.Cannot Collect GST Separately You cannot issue a tax invoice. You must issue a Bill of Supply. GST cannot be charged separately from customers. This means tax is paid out of your own turnover — directly impacting margins. 3.No Inter-State Supply Allowed Under current GST provisions, composition taxpayers cannot make inter-state outward supplies. If your business plans expansion beyond your state, the scheme may restrict growth. 4.Tu...

Composition Scheme under GST – A Smart Tax Solution for Small Businesses in India Running a small business is challenging enough — complex tax compliance should not add to the burden. The Composition Scheme under GST is a simplified taxation option designed specifically for small taxpayers who want lower tax rates, minimal compliance, and peace of mind. If you are a trader, manufacturer, restaurant owner, or small service provider, this scheme could significantly reduce your compliance load and improve cash flow. Let’s understand how it works and whether it is right for your business. What is the Composition Scheme? The Composition Scheme is a special mechanism under GST that allows eligible taxpayers to pay tax at a fixed, lower rate on turnover , instead of paying GST at normal slab rates and claiming Input Tax Credit (ITC). It is governed by Section 10 of the CGST Act and related GST rules. The main objective? ✔ Simplify compliance ✔ Reduce paperwork ✔ Lower ta...

  Letter of Undertaking (LUT) under GST Export Without Paying IGST – Improve Your Cash Flow Legally If you are an exporter of goods or services, paying IGST first and then waiting for a refund can block your working capital. The Letter of Undertaking (LUT) allows you to export without paying IGST , helping you preserve liquidity and operate smoothly. At our firm, we help businesses file, manage, and monitor LUT compliance professionally — so you can focus on growth while we handle the law. What is LUT Under GST? A Letter of Undertaking (LUT) is a declaration filed on the GST portal that allows a registered exporter to: Export goods without payment of IGST Export services without payment of IGST Supply to SEZ units/developers without payment of IGST It is governed by Section 16 of the IGST Act and Rule 96A of the CGST Rules. In simple terms: No upfront tax payment. No refund delays. No working capital blockage. Why LUT is Critical for Exp...

  The Reverse Charge Mechanism (RCM) is one of the most sensitive compliance areas under the Central Goods and Services Tax Act, 2017. Many GST notices and tax demands arise due to incorrect handling of reverse charge transactions. This article explains RCM in a practical, business-focused manner so that companies, professionals, and entrepreneurs can ensure proper compliance. What is Reverse Charge under GST? Under normal GST provisions: The supplier collects GST from the customer and deposits it with the government. Under Reverse Charge: The recipient of goods or services is liable to pay GST directly to the government. In simple terms, the tax responsibility shifts from the supplier to the buyer. Legal Provisions Governing RCM Reverse charge is covered under: Section 9(3) – Notified goods and services Section 9(4) – Purchases from unregistered suppliers (restricted applicability) Section 9(5) – E-commerce operator liable to pay...