We provide Registration Services for the following:
- GST Registration
- Shop & Establishment Act Registration
- Professional Tax Registration
- TAN
- PAN
1. GST Registration
GST Registration Applicability
- GST is mandatory for anyone having revenues of over 20 lakhs.
Who should register for GST ?
- In most cases, it is the Goods or Service provider who is responsible for paying tax to the Government. However, in certain cases, even the recipient of the service may be responsible.
When is it Necessary?
Where a foreign service provider having no establishment in India has provided a 'taxable service'.Where Insurance Auxiliary services have been rendered by an Insurance Agent. Here, the tax is paid by the Insurance Company.
GST Rates:
GST Rates vary depending upon the goods and services being sold.
GST Application: Process involved
- The form ST-1 should be filled.
- The documents to be given-copy of PAN card, address proof of registration and in case of firm, constitution or partnership deed.
2. Shop & Establishment Act Registration
When is Shop & Establishment Act Registration applicable ?
Shop & Establishment Act Registration registration is required for any business that has its own shop or establishment.
How do I get registered under Shop & Establishment Act ?
- You have to give us some essential information of your line of work/business, so that we can know that under which head would you require registration.
- We will prepare an authorization letter which you need to sign.
- Thereafter, we file the required documents with the appropriate Department.
- Thereafter you are issued a Shop & Establishment Act certificate of registration by the department.
3. Professional Tax
Professional Tax, as the name implies, is a tax which is levied on income earned by a person engaged in any profession or employment.
Who needs to register ?
A Company, LLP , Partnership firm, Proprietor or any employer paying salary to more than one employee wherein the salary exceeds Rs 2500 per month are liable to obtain the professional tax number within 30 from date of liability to pay tax.
For self employed professionals, an enrollment certificate must be obtained.
Profession Tax Application
For obtaining the Registration Certificate, several forms have to filled up issued by Professional tax authorities. For example, for registration of a Company, the employer has to submit documents such as the MOA, Board Resolution for authorised signatory, number of directors, employees etc. with the form.
Penalties and interest in case of failure to register and pay
In case the employer or the enrolled person delays in payment of profession tax, then he shall have to pay a simple interest at the rate of 1% per month or part thereof on the amount due.
How do I register ?
- We collect the required information from you.
- We prepare an authorization letter which you need to sign.
- Thereafter, we file the required documents with the Department of Professional Tax.
- Thereafter you are issued a professional tax number accompanied by a certificate of Professional Tax registration by the department.
4. TAN
TAN Number is a 10 Digit Alphanumeric Number and is used as an abbreviation for Tax Deduction and Collection Account Number. Every Assessee liable to deduct TDS is required to apply for a TAN No. and shall quote this number in all TDS Returns, TDS Payments and any other communication regarding TDS with the Income Tax Department.
How do I get a TAN ?
- We collect the required information from you.
- We file all the forms and complete your application
- You receive the TAN card from the Tax Department
5. PAN
PAN, or permanent account number, is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central Board of Direct Taxes. It also serves as an identity proof. PAN is mandatory for financial transactions such as receiving taxable salary or professional fees, sale or purchase of assets above specified limits, buy mutual funds and more.
The primary objective of PAN is to use a universal identification key to track financial transactions that might have a taxable component to prevent tax evasion. The PAN number remains unaffected by change of address throughout India.
Who must apply for PAN ?
Anybody who earns a taxable income in India, including foreign nationals who pay taxes in India or Anybody who runs a business (be it retail, services or consultancy) that had total sales, turnover or gross receipt exceeding Rs 5 lakh in the previous financial year
How do I get a PAN ?
- We collect the required information from you.
- We file all the forms and complete your application
- You receive the PAN card from the Tax Department