GST Registration Online: SuperCA

Company Registration is the overriding and most important step for any business organization. In order to protect your business and secure its rights, company registration is very essential. It shields the business from personal liability and protects from other risks and losses and at the same time provides more customer attraction, promotes greater capital contribution and greater stability and increases the company's perspective to expand and grow. Choosing a company's name is a cautious step in the company registration process . It is very crucial to choose your business structure and its name as it indirectly affects your business. Thus, before going for company registration , you should have clarity on the kind of business you are into, the name, your goals and objectives since each of these has its own implications.  The name  of a company is something that needs to be unique, desirable and one of its kind to make it stand out from the rest. Hence, there are speci

A registered office of a company is a location where all the Legal and government communication related to business is held. It acts as the official address of the company recorded with the Registrar of Companies (RoC), India, where all communications are sent. While going for company registration , it is mandatory to declare the registered office of the company and to submit the relevant documents as proof. However, the Companies Act, 2013 also provides the option for the company to declare a temporary address in case the company has not decided on the registered office while filing for offline or online company registration . The company may also have a corporate office, sub-branch, factory site, or administrative office in addition to a registered office. However, the registered office of a company in India must be registered with the Ministry of Corporate Affairs (MCA), the other branches and offices can be opened by a company itself without any prior communication with the RoC. Ty

GSTR-9 is an annual return that is to be filed annually by GST registered taxpayers. It is a compilation return that includes all business transactions done for the particular financial year and all the monthly/quarterly returns (GSTR-1, GSTR-2A, GSTR-3B) filed in that year. The main sources of populating GSTR-9 are the GST return filing of, GSTR-1 and GSTR-3B. The form contains a total of 6 parts spread out within 19 tables. Each part asks for details that are easily available from your previously filed return and books of account. ( Note : The government had made the filing of GSTR-9 /9A optional for the financial year 2017-18 and 2018-19 as small taxpayers were facing difficulties from the implementation of GST. Further, in the 43rd GST Council Meeting, dated May 28, 2021, the council decided to amend Section 35 and Section 44 of the CGST Act as per Finance Act, 2021 and the changes will be applicable for the Financial Year 2020-2021. It was also decided that in view of the pandemi

The Companies Act, 2013 read with relevant rules governs various provisions which a company is required to comply with, and regular and timely RoC filing is a must for smooth maintenance of annual compliance which will keep your organisation away from any legal complications or any unusual consequences. Under this act, numerous forms are prescribed which must be filed by the company with the Registrar of Companies. Some of these forms are to be filed annually by the company, some of them are filed only once after the incorporation of the company while some forms are filed at the happening of an event, such as the auditor’s resignation, change in the name or address of the company, etc. If these events do not take place, then there is no requirement for filing these forms. In this article, we’ll talk about various RoC filing forms applicable to companies every year. Omitting to file any mandatory compliance will lead to a levy of heavy penalty/fees on the company as well as officers in

Company Registration  is a primary step for any business organization. To protect your business and secure its rights,   company registration  is very essential. There are various forms of businesses available that one can register with both as a simple owner or a partnership. When we come to the domain of partnership’s  company registration , LLP due to its various advantages and flexible operations has gained more popularity in recent years over the ordinary partnership company registration. Limited Liability Partnership or simply LLP is an alternative business form that provides limited liability to the owners and is comparatively easy to manage and hassle-free. It is allowed under the Limited Liability Partnership Act, 2008. LLP is a unique hybrid combination of a limited and partnership company which provides the advantages of the Company and flexibility of a Partnership firm. The rights and duties of designated partners are governed by the LLP agreement. If you are looking to get

  Income Tax Return (ITR) is a form which an individual is required to submit to the Income Tax Department of India. It contains information about the person’s income and the taxes to be paid on it during that particular year. ITR filing is mandatory for all those who have income above the basic exemption limit under the Income Tax Act, 1961 The details of income earned by an assessee in a financial year are communicated to the Income Tax Department by the ITR filing. But in many cases, taxpayers leave ITR filing to the fag end of the due date. There is no doubt that they can also get their ITR filing done at the last moment, but the probability of committing a mistake, missing out on entering an important figure related to income or deduction or even making an oversight while filing ITR may not be ruled out. One can even file the wrong ITR form instead of filing the right form based on the income source. While filing ITR, the taxpayers are required to choose the correct form. If ITR i

  GST Registration is a process for applying for a unique GSTIN i.e. GST Identification Number on the GST Portal. The taxpayer requires GSTIN to collect and pay GST on the outward supplies i.e. sales and claim GST input tax credit on the inward supplies i.e. purchases.  As per the GST rules, it is compulsory for a business/supplier that has a turnover of above Rs.40 lakhs (Rs 10 lakhs for special category states present in hill states and North-Eastern states) to register as a normal taxable entity. Also, there are various types of GST Registrations described under the GST Act. Types of GST Registration depends on the nature of the business. Undergoing the registration procedure is difficult without recognising its different forms. That’s why it is necessary that we should be aware of the different types of GST Registration & acquire a better idea regarding the types before selecting the suitable one. Types of GST Registration Normal Taxpayer As per the GST rules, when the Thres

Cancellation of GST Registration means the permanent closure of the GSTIN of the taxpayer. After cancellation, the taxpayer will not be a GST registered person anymore and hence will not have to pay or collect GST or claim ITC anymore and accordingly, need not file GST returns...  Cancellation of GSTIN is of two types – 1. Cancellation by the Registered Person’s will The registration can be cancelled by filing an application on the GST Portal citing the appropriate reason   2. Cancellation by the Proper Officer Suo-moto. In certain circumstances, the registration is cancelled by the tax officer in cases such as non-filing of returns, fraud, contravention of provisions of GST Act etc. In this article, we will discuss the cancellation of GST registration by the Tax officer, the reasons, and its process.   Cancellation of GST registration by the tax officer The registration can be cancelled by the Tax Officer under the following circumstances when...   ➤ The registered taxable person does