Corporate Consult

GST or Goods and Services Tax replaced many taxes that were previously imposed by both the central and the state governments such as the VAT, excise duty and service tax and was one of the greatest economic reforms of the recent time in India. Crucial reforms made by GST •    After the GST regime, people don’t have to deal with the tax on tax effect or the cascading effect as all the indirect taxes are now under one umbrella. •    As the threshold limit of what the businesses have to pay has been increased to Rs. 20 lakh, many service providers and small traders are exempted. •    Small businesses have a reduced burden with the composition scheme brought by the GST. •    As there is one unified return that has to be filed, the different returns and compliances of each tax do not need to be done. •    The efficiency of logistics has improved a lot as the inter-state movement is easier now. The ease and benefits of GST registration The entire GST Registration is an important process

  If you are a business person and have established an organization. And you must have proposed a unique symbol for your organization. But if you did not get the company’s symbol registered still now. Then you are suggested to get it registered as soon as possible. Otherwise, that can be stolen or misused by another person. And your efforts will be wasted. A trademark could be a symbol, number, stylish fonts and object art, and a creative designed in which you might have spent some money, and valuable time. So don’t let your money and the time wasted. So get it personalized as soon as possible.  The advantages of registration of trademark •    The trademark is not just a symbol it also tells about the company’s perspectives. Many times the people invested a huge amount of money to get the trademark designed by the experts. Because people want their company to flourish. •    The trademark also plays a significant role in business aspects. One thing regarding the trademark is secu

In order to run a business it is very important for the people running the business to register their company. Company Registration is the process of getting a company registered. There is a legal procedure for getting a company registered but it can become quite easy if a person has all the documentation required for the process. Requirements For Getting A Company Registered There are certain requirements that should be met in ordered to get a company registered. If any of these requirements are not met then the business would not get registered. The basic requirements are as follows. •    The most basic requirement for getting a company registered is that there should be at least 2 members in the company. If there is only a single member in the company then the company can not be registered. •    The company that is to be registered should only be for business purposes and should not possess any harm to society. If a company is harmful to the society then it would not

Hailed as an important economic reform, there are many advantages of GST registration. The taxation process is a lot simple now for small traders and small business owners as the various indirect taxes are replaced with one simple tax. GST registration process If the overall turnover of a business exceeds 20 lakh in a financial year, it is liable to pay taxes under the GST law. From the process of GST registration to filing returns, it is very simple and can be easily done from anywhere with internet access. Moreover, after GST registration, you can be recognized legally as a supplier and be authorized legally to collect the tax. There are a lot of GST consultants in various parts of the country that make the process even easier for you. The Central Government maintains a portal through which the businesses can complete the registration process easily and there are also various GST consultants and reputable companies who can do this effectively for you. GST registration in Delhi

No Claims for Collection of ITC or Ta   An individual without GST registration cannot claim ITC and collect tax in India. Eligibility Who are the persons liable to take a Registration under the Model GST Law? A supplier operating a business at anywhere in India with aggregate turnover exceeding threshold limit as prescribed above in a year is liable to get his business registered. On the other hand, some categories of persons declared in Schedule III of MGL are accountable to be registered regardless of this threshold. In India, an agriculturist is not be considered as a taxable person. Hence, he/she shall not be liable to take registration. Digital Signature Taxpayers are given an option to sign the submitted application using valid digital signatures. Alternative mechanisms shall be provided under the GST Rules on Registration for those who do not have digital signature. The Refusal When registration is refused, the applicant gets information about it via a speaking order. The