Somebody who maintains his business/firm at any of the state in India, who is previously registered under the GST Act or yet needed to be recorded under the GST. a person in India, who is involved in economic activity which contains trade and commerce is taken into account as a taxable person.

‘Person’ here involves individuals, HUF, LLP, company, firm, any organisation or Administration company, an AOP/BOI, body corporate consolidated under laws of a foreign country, agency, co-operative society, government, artificial juridical person, Trust charity.

So, it doesn’t matter whether you’re a registered company or not, if you’re doing a business where the annual turnover is quite 20 lakhs a year, you would like to use for GST.

Also, albeit A ‘taxable person’ sales are but Rs. 20 Lakh, they need to voluntarily choose GST registration because:

They will not get any tax refunds on purchases (e.g. if you buy goods which cost you Rs 50,000 during a fiscal year, which has a rate of 28% – you’ll not get a tax refund of Rs. 14,000).
They cannot sell outside their state, if not listed under GST.

In short, GST registration may be a mandated requirement for anyone who is doing business.

GST may be major tax reform for subsequent 20-30 year.
At least 8 to 11 fold increase is predicted within the absolute taxpayers with the implementation of GST.

5 to 7 crore taxpayer are expected to be a part of GST.
The GST is based on monthly tax filing mechanism with invoice level filing.
Currently, there aren’t enough tax professionals and consultants available to serve this huge demand.

Over 70-80% of the new taxpayer is getting to be small business owners.
Professional Tax consultants charge a minimum of Rs. 25,000 to 35,000 per annum for even a little business owner.
So you’ll imagine from the above points, there’s an enormous GAP in demand and provide. There are limited amount of execs available within the market who can cater to those many ‘taxable people’ like individuals, HUF, firm, company, LLP, any corporation or Government company, an AOP/BOI, body corporate incorporated under laws of foreign country, co-operative society, agency, government, trust, artificial juridical person.

GST Suvidha Kendra is endeavoured to fill this cleft with – Simple, Secure and Affordable GST services by providing a Licence to GST Suvidha Kendra Owner and back-office support to GST Suvidha Kendra. A GSK doesn’t get to hire any accountant or professional. Moreover, it’s not required to possess GST knowledge to GSK owner. Everything is going to be done at our end (back office)
GSK shall provide GST and tax related all compliance solutions in a reasonable range of Rs 12000 to 15000.