FAQ

GST (GOODS and SERVICE TAX)
Q1. What is GST? GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty,...
Wed, 17 Nov, 2021 at 12:46 PM
BIHAR SHOP AND ESTABLISHMENT ACT (shop act)
Q1. Is it necessary to register shops in Bihar? Yes, it is necessary to register shops in Bihar. The state government may make rules requiring  the registr...
Tue, 16 Nov, 2021 at 11:36 AM
CONTRACT
Q1. What is a contract? Ans. It is  a legal binding  that defines the rights and liabilities of two parties that creates mutual legal obligation. Q2. I...
Tue, 16 Nov, 2021 at 11:48 AM
INFORMATION TECHNOLOGY ACT, 2000
Q1. What is Functional Equivalent Approach? Ans- Functional equivalent approach extended notions includes “writing”, “signature” and “original” of traditio...
Wed, 17 Nov, 2021 at 3:36 PM
SALES OF GOODS ACT
Q1 . What is sale of goods act? A.Contract of sale of Goods is a contract where the seller transfers or agrees to transfer the property in goods to the buy...
Tue, 23 Nov, 2021 at 12:17 PM
CONSUMER PROTECTION ACT, 2019
Q1. When was Consumer Protection Act ,2019 was enacted? A.Consumer Protection Act was enacted on 9th August, 2019. However, it came into effect from 20th J...
Tue, 23 Nov, 2021 at 12:22 PM
NEGOTIABLE INSTRUMENT
Q1. What is a Negotiable Instrument ? Negotiable instrument is a transferable instrument which contains a value in order to pay the specified amount to the...
Tue, 23 Nov, 2021 at 12:25 PM