GST Registration Online: SuperCA

Starting a sole proprietorship business in India is fairly an easy affair. Sole Proprietorship is a “Single-Person Establishment” and is the most simple form of an entity with minimal compliance procedures. This type of business can be incorporated in fifteen days. Generally, the registration for a sole proprietorship is completely optional and it does not require any formal registration as such but to get tax benefits, people do register their firm as a sole proprietorship. Ways of registering a sole proprietorship Before going for sole proprietorship registration, you need to take care of some basic things. Firstly, you have to decide on a suitable business name and choose a suitable location as the designated place of doing your business. After this, Generating a current account is considered to be the groundwork for starting this business. A current account ensures safe payments in the proprietorship’s name. Let’s now understand how an individual can register for a sole proprie...

About Sole Proprietorship:  A  sole proprietorship  is a business that can be owned and controlled by an individual, a company or a limited liability partnership. There are no partners in the business. The  sole proprietorship  is the “One Man Business Entity”. It is owned, controlled and managed by a single person called the proprietor. The proprietor owns the business in his name under his PAN number. He is personally liable for his debts. The  sole proprietorship  and proprietor are the same thing. Advantage of Sole Proprietorship The Proprietor will be legally recognized as a Supplier of Goods & Services The proprietor can claim the Input tax credit (tax paid on the purchase of goods & services) The proprietor can pass on the credit of the taxes paid on the supply of the goods & services to the purchaser. He can make Interstate sales without restrictions. The proprietor can have a competitive advantage in comparison to other businesses....

Registration of any business entity under the GST Law implies obtaining a unique number from the concerned tax authorities to collect tax on behalf of the government and avail Input tax credit for the taxes on his inward supplies. Quick & Easy 100% Accuracy Get Expert Advice Complete services under one roof GST REGISTRATION Online GST Registration  is the process of obtaining a unique  i dentification number by a supplier from the tax authorities; it is for the identification of the taxpayer. Every supplier/business with a turnover of Rs 40 lakhs or more (Rs 10 lakhs for special category states) needs to be registered under GST. The supplier shall be allotted a 15-digit GSTIN (GST identification number) and a certificate of registration by the GST department.  SUPER CA  helps you to get your  GST REGISTRATION  done within 4–6 working days at the lowest prices. Let us make it easy for you. WHO SHOULD REGISTER UNDER GST? TURNOVER LIMIT (SEC 22) Businesses...

Company Registration  is a paramount step for any business organization to protect & secure business rights. There is various forms/constitution of businesses available that one can register with. But among all Sole Proprietorship is a popular type of unregistered business institution owned, managed, and operated by a single person. The sole proprietorship is the “One Man Business Entity”. All the investments for the Sole Proprietorship business are done by the single proprietor who bears all the losses and enjoys all the profits. The overall control of the business, as well as its management, is in his hands. He can appoint individuals for conducting the business, but the ownership will rest solely with him. This type of business can be incorporated in fifteen days and hence makes it one of the most popular types of business to begin in the unsystematic sector, specifically among micro and small businessmen, traders or merchants. The majority of the unorganized sectors pref...

What GST Return Is? GST return is a document that contains all the details of sales, purchases, tax collected on sales, and tax paid on purchases. Once you file GST returns, you will need to pay the resulting tax liability i.e money that you owe the government. The details of sales and purchases of the goods and services plus the tax paid and collected have to be furnished by all registered individuals, traders, organizations, and companies. Such details are submitted by filing a GST Return and on this, the tax authorities calculate tax liability. The registered GST user will have to file the return, including purchases, sales, output GST, and input credit of GST. A registered user has to submit 4 forms to file their GST return: return for purchases, return for sale/supplies, monthly return, and annual return. Quarterly returns are to be submitted by those who have opted for the composition scheme. Importance of   GST Return filing All the Registered Dealers are required to file GS...

  According to Section 3 of the Companies Act, a company is a legal entity registered and formed under the 1956 Companies Act.  New Company Registration  is a primary step for any business organization. To protect your business and secure your rights, new company registration is essential. There are various forms/constitutions of businesses available that one can register with. The choice of the constitution would depend upon the specific need of the applicant. New company registration of business allows you to meet various government norms and also helps in getting finances from the bank, provides a unique identity to the business, and allows other benefits from various government schemes. This is also the first step if you wish to start a business online. You should be clear about the type of your startup before choosing an appropriate constitution. It is also necessary to be aware of the technicalities, benefits, pros & cons of each type before registering to incor...