Dear CA Fraternity,
I am planning to start a eCommerce online business like flipkart.I want to know all the details regarding it in terms of all legal matters from formation of company , trade license,Partnership agreements , type of agreement between website vendor and other wholesaler vendor and etc including the cost to setup.
Need your valuable input.
In case i have a deposit of say RS. 1 crore in bank.In the event of banks winding up(liquidation)i will receive back a sum of just Rs 1 lakh???? Since Rs 1 lakh is what the DICGC covers ???
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If some equipment is bought by my US parent company and they are shipped to India and we don't want to pay.
Is it possible and if yes then what should be done at the time of custom duty payment and how is should be shown in our accounts?
IN CA EXAMINATION Y ICAI EXAPACT MODULE (HIGH) LANGUAGE
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E commerce business