How to Start GST Suvidha Kendra
Private entities have been authorized by the Goods and Service Tax Network (GSTN) to function as GSPs (GST Suvidha Providers), enabling the establishment of GST Suvidha Kendras by anyone. Only enterprises holding GSP licenses are eligible to obtain the franchise for 'GST Suvidha Kendra'.
What is a GST Suvidha Kendra?
The GST Suvidha Kendra or GST Service Center is an online platform designed to assist small and medium-sized businesses, retailers, and individuals in India who have a turnover of over Rs 20 lakhs. It helps them submit their GST returns on time at lower fees compared to hiring tax professionals.
Under the Goods and Service Tax (GST) system, multiple taxes are combined into one, causing challenges for traders, industrialists, and small business owners. The GST Suvidha Kendra aims to address these issues by providing solutions. Setting up a GST Suvidha Kendra costs Rs 25,000, and it offers the opportunity to earn a monthly income of Rs 30,000 by providing in-demand services from anywhere.
GST Suvidha Kendra: Eligibility
Numerous businesses offer franchise opportunities for the creation of a GST Suvidha Kendra. An individual must first fulfil some requirements before applying for GST Suvidha Kendra. You must ensure that you meet the following conditions before opening:
- The applicant must be an Indian national.
- He or she needs to possess a diploma or degree from an accredited university.
- Candidates must know about computers and the Internet.
- Fundamental knowledge of business and accounting, as well as practical experience with Microsoft Excel, are prerequisites.
- A space of between 100 and 150 square metres is needed to run a GST. Kendra Suvidha.
- An internet connection, a printer/scanner, and at least two computers are required.
- It might be necessary to provide identification proof, such as a PAN card or an Aadhar card.
Services available on GST Suvidha Kendra
GST Suvidha Kendra (GSK) provides a range of services to taxpayers, businesses, and tax professionals to facilitate GST compliance. The specific services available on GST Suvidha Kendra may vary depending on the authorized service provider and location.
Here are some common services offered
- GST Registration: GSKs assist individuals and businesses in the process of GST registration.
- GST Return Filing: GSKs help taxpayers in preparing and file their GST returns accurately and on time.
- Invoice Generation: GSKs may offer services for generating GST-compliant invoices.
- GST Payment Assistance: GSKs may assist taxpayers in understanding and making GST payments.
- GST Compliance Support: GSKs help taxpayers stay compliant with GST regulations.
- GST Advisory and Consultancy: GSKs may offer advisory and consultancy services related to GST.
- Query Resolution: GSKs act as a point of contact for taxpayers to resolve GST-related queries and concerns.
- Training and Education: Some GSKs conduct training programs and workshops to educate taxpayers and tax professionals about GST concepts, processes, and updates.
- Digital Signature Certificate (DSC) Services: GSKs may offer DSC services required for digitally signing GST-related documents and transactions.
- GST Software and Tools: GSKs often provide access to GST software and tools that simplify GST compliance.
Additional GST Suvidha Kendra Services List
- Accounting and Taxation
- SBI Credit Card
- Loan
- Insurance
- Bill Payment
- Ayushman Bharat Card
- Money Transfer
- PAN Card
- Aadhar Enabled Payment System
- Recharges
- Micro ATM Distributorship
- Tours & Travel
- Website & Graphic Design
GST Suvidha Kendra Registration
- Visit the Alankit website: Go to the official Alankit website (www.alankit.com) using a web browser.
- Find the GST Suvidha Kendra section: Look for the GST Suvidha Kendra section or search for GST-related services on the website.
- Choose the registration option: Once you find the GST-related services, select the one suitable for your requirements. Alankit may provide different registration services based on whether you are an individual, a business, or a tax professional.
- Fill out the registration form: Complete the registration form by providing the necessary details such as your personal information, contact details, business details (if applicable), and any other required information.
- Attach supporting documents: Along with the registration form, you may need to attach supporting documents such as a PAN card, proof of address, identity proof, bank account details, and any other relevant documents as per the requirements provided by Alankit.
- Pay the registration fee: There might be a registration fee associated with the GST Suvidha Kendra registration through Alankit. Check the website or contact Alankit's customer support to obtain information about the fee structure and payment options.
- Submit the application: Review all the information you have provided, ensure its accuracy, and submit the application form along with the supporting documents.
- Application processing: Alankit will process your application and verify the details and documents submitted by you. This may take some time, and they may contact you if additional information or documents are required.
- Receive registration confirmation: If your application is approved, you will receive a confirmation of registration from Alankit. This confirmation will serve as proof of your registration with the GST Suvidha Kendra.
India's GST was implemented in order to benefit the economy. A person can apply for GST Suvidha Kendra as a start-up business. Opening a GSK appears to be a profitable investment in every way possible when taking the advantages into account. Since its introduction, individuals all over the nation have begun to establish their own GSKs, and it has proven to have advantages. People are searching for such centres that can assist them with the GST Compliance process due to a lack of technological knowledge. Consequently, opening a GST Suvidha Kendra with Masters India will undoubtedly turn out to be an investment that benefits everyone.