After the launch of the revolutionary GST taxation system, Chaos has been created and people are getting more confused about it. That’s why there is a need for a center that can resolve all tax-related queries and provide them with all the facilities to accomplish their financial work. To tackle the issue, the Government has introduced GST Suvidha Kendras to establish in the entire country. The government authority GSTN-licensed private entities to open a GST Suvidha Center in their locality to assist people in need.
To explore more about GST Suvidha kendra registration procedure, read the post. We will make you aware of every aspect of it in this post. Let’s get into it.
What is GST Suvidha Kendra
Basically, the intention of establishing GST Suvidha Kendra is to assist small shopkeepers, SMEs, and individual taxpayers with a turnover of less than 20 lac to accomplish their tax regarding work without much hindrance. It is the one-stop shop for all the tax regarding work.
Implementation of Goods and Services Tax combines multiple taxes into one creating complexity and is pretty difficult to understand people with less financial knowledge.
It is pretty challenging for a government body to help every taxpayer in the entire country. Henceforth, they provide an opportunity for entrepreneurs who desire to establish their own businesses, to open GST Suvidha Kendra in their locality and help out people near them and earn money by charging a nominal commission to them. It is about two birds in a stone as it fulfills two goals simultaneously.
A GST Suvidha Kendra is a one-stop solution for all goods and services tax-related queries and compliance. It is essentially a center that provides assistance and support to businesses and individuals in navigating the complexities of GST. These Kendras are established to simplify the GST process and ensure smooth compliance.
At a GST Suvidha Kendra, individuals can avail of various services such as GST registration, filing returns, generating e-way bills, and resolving any GST-related issues. These centers are equipped with trained professionals who have a thorough understanding of the GST laws and regulations. They provide guidance and support to taxpayers, ensuring that they meet all the necessary compliance requirements.
GST Suvidha Kendras also play a crucial role in promoting digitalization and online filing of GST returns. They help businesses transition from traditional methods to the online mode of filing returns, making the entire process more efficient and convenient. These centers act as a bridge between taxpayers and the GST Network (GSTN), facilitating seamless communication and data exchange.
Moreover, GST Suvidha Kendras act as knowledge centers, conducting workshops and training sessions to educate taxpayers about GST regulations and procedures. They provide valuable insights and updates on any changes or amendments made in the GST laws, ensuring that taxpayers stay informed and compliant.
In conclusion, GST Suvidha Kendras are instrumental in simplifying GST compliance for businesses and individuals. They provide a range of services, from registration to filing returns, and act as a valuable resource for taxpayers seeking guidance and support in navigating the complexities of GST.
Eligibility Criteria to Open a GST Suvidha Kendra
- You must be at least a 12th standard pass out from a recognized institution.
- Your age must be above 18.
- Computer and Internet knowledge is a must.
- Basic commerce and accountancy terms are necessary to know.
- Identity proof like an Aadhar card, or Voter ID is required
How to Open a GST Suvidha Kendra
Steps to register on the GST Suvidha Kendra registration portal
- First of all, pick the GSP near you and navigate to their website.
- Click on the “Apply Now” button to Apply for the GST Franchise.
- You will be redirected to a page that contains the Application form.
- Enter all the details required in different fields correctly.
- After entering all the details, click on “Final Submit”.
- Make sure you have entered the correct information.
- The information provided by you will be checked by the legal authority and then slot availability will be provided to you.
- Once your application is approved, the slot is given to you by the authority they will then contact you for further procedure.
- After that, you need a DD of about Rs 25,000 and send to your GSP.
- A space of about 100 -150 sq ft is needed to open your office.
- Now you are all set to open a GST Suvidha Kendra with a minimum investment of about 1- 2 lac and can earn about 30 -50 thousand per month.
You need to install all the necessary equipment to provide the GST regarding services in your Office.