Obtaining Various Governmental Registrations

OBTAIN PAN CARD OF INCOME TAX

Permanent Account Number (PAN) is an identity of a person and not a scheme by the government to keep an eye on the activities of the citizens / corporate. Also, there is no compulsion for a person holding PAN Card to file income tax returns. As the filing is dependent on income i.e. income tax returns have to be filed when the income becomes taxable except in case of corporate and firms where filing of income tax returns are compulsion.

There is a very simple procedure to obtain PAN Card. It has been briefly described as follows:

  • Download the form and instruction for applying for PAN (i.e. form no. 49A), from our Forms Download Section:
    • For Individuals
    • For HUF (Hindu Undivided family)
    • For Partnership firm / Trust
    • For Companies
  • Fill the details as per forms instructions (Do the sign on 49A by black pen only and Do not fill form 49A, it will be filled by our staff after verifying all the details so forms rejection can be avoided) and attach the required identity proofs as mentioned in the instruction.
  • Submit the form to our office.
  • PAN Card will be delivered to your doorstep after 10 to 15 days.

If you have already PAN Card and you require to change the information like change in name / father’s name / firm name / company name, address, sign, photograph then we have to file application of correction in PAN card in form No. 49 B. Moreover, in case if you have lost the PAN Card then also the form No. 49 B requires to be filed.

  • Download the form and instruction for correction in PAN (i.e. form no.49 B), from our Forms Download Section:
    • For Individuals
    • For HUF (Hindu Undivided family)
    • For Partnership firm / Trust
    • For Companies
  • Fill the details as per forms instructions (Do the sign on 49 B by black pen only and Do not fill form 49 B, it will be filled by our staff after verifying all the details so forms rejection can be avoided) and attach the required identity proofs as mentioned in the instruction.
  • Submit the form to our office.
  • Corrected New PAN Card will be delivered to your doorstep after 10 to 15 days.
Registration of Udhyog Aadhar

Government of India enacted “Micro Small and Medium Enterprises Development Act, 2006”. As per the Act, MSME Units are classified as under:

Enterprise(Service Enterprises) Investment in Plant & Machinery (Manufacturing Units) Investment in Equipment
Micro Up to ₨ 25 lacs Up to ₨ 10 lacs
Small Above ₨ 25 lacs up to ₨ 5 crore Above ₨ 10 lacs up to ₨ 2 crore
Medium Above ₨ 5 crore up to ₨ 10 crore Above ₨ 2 crore up to ₨ 5 crore

If your enterprise is going to start manufacturing or servicing then it requires to get registered with MSME. The registration with MSME is mainly in two parts:

  • Part-I: To be filed at the time of establishment of enterprise.
  • Part-II: To be filed after the enterprise starts functioning (Note that the enterprise should start functioning in 2 years of filing Part-1. Else, Part-1 becomes invalid).

The procedure for registration with MSME is as follows:

  • Kindly fill our basic information sheet which can be downloaded from Forms Download Section
  • Submit the basic information sheet including required documents mentioned in that to our office, our staff will file the required forms online to government department and will contact you for signatures in various forms.
  • After the form being signed and submitted, the MSME Code, Certificate will be received in a week and will be delivered to your doorstep.
  • After receiving the MSME code, the entrepreneur can start its business activity.
  • Part - II of the form should be filed after the enterprise starts its business activities. So, after the factory being started, let us inform, so your part - II registration can be filed and you will be delivered Part - II registration certificate at your doorstep.
GUJARAT VALUE ADDED TAX (VAT) AND CENTRAL SALES TAX (CST) TIN NO

If you are manufacturer, trader, exporter or importer having turnover of more than ₨ 5 Lakhs during a year (of taxable items) then you are required to register with Commercial Tax Department / VAT department. If you are selling goods to or purchasing goods from outside Gujarat, then you are required to register with Central Sales Tax at the same department. Moreover, your enterprise can voluntarily register with VAT / CST.

VAT / CST registration can be done in two ways:

  1. Mandatory (Compulsory) Registration (i.e. in case of your turnover exceeds ₨ 5 Lakhs or you had inter state transactions). It is related to TURNOVER and not RECEIPTS.For mandatory registration, one has to file Form No 21.
  2. Voluntary Registration can be done by any firm carrying on business eligible for VAT. Hence, it is compulsory that VAT cannot be taken by a firm whose product is not taxable under VAT.For Voluntary registration, one has to file Form No 22.

The procedure for registration with Gujarat VAT / CST is as follows:

  • Kindly fill our basic information sheet which can be downloaded from Forms Download Section
  • Submit the basic information sheet and required documents to our office, our staff will file the required forms and will contact you for signatures in various forms.
  • After submitting the forms duly signed and stamped, the Gujarat VAT department will issue temporary VAT / CST TIN No. within 3 days. And final VAT / CST TIN No is allotted within 30 days and will be delivered at your doorstep.
  • After getting VAT / CST no., monthly or quarterly return and tax is to be filed with such department.
SERVICE TAX

If your enterprise is providing any services, the service tax registration is required to be obtained from Central Excise and Service Tax department. It should be noted that service tax is leviable only on SERVICES. If you are in manufacturing or trading then service tax is not leviable.

With introduction of negative list in the area of service tax has been widened.

It is compulsory for the enterprise that are having turnover of more than ₨ 9 lakhs to obtain service tax registration. Moreover, if the enterprise’s turnover has exceeded ₨ 10 Lakhs they are required to pay service tax to the department. Once, the turnover had exceeded ₨ 10 Lakhs then after the service sales extract service tax at applicable rate. In the next year no exemption is available.

The procedure for registration for service tax is as follows:

  • Kindly fill our basic information sheet which can be download from Forms Download Section
  • Submit the basic information sheet and required documents to our office, our staff will file the required forms and will contact you for signatures in various forms.
  • After submitting the forms duly signed and stamped, the service tax number and certificate will be allotted within 7 working days.
  • After Service tax number is received, the service tax is to be paid monthly / quarterly and the online return of the same is to be filed half-yearly.
CENTRAL EXCISE TAX

If your enterprise is engaged in manufacturing of any item, product then the central excise registration is required to be obtained. So, traders or service providers are not required to obtain excise registration.

It is compulsory for the enterprise that are having turnover of more than ₨ 90 Lakhs to obtain central excise tax registration. Moreover, if the enterprise’s turnover has exceeded ₨ 150 Lakhs they are required to pay excise tax to the government at the applicable rate of product. Once, the turnover had exceeded ₨ 150 Lakhs then after all the sales extracts excise tax at applicable rate. In the next year no exemption is available.

The procedure for registration for central excise is as follows:

  • Kindly fill our basic information sheet which can be downloaded from Forms Download Section
  • Submit the basic information sheet and required documents to our office, our staff will file the required forms and will contact you for signatures in various forms.
  • After submitting the forms duly signed and stamped, the central excise tax number and certificate will be allotted within 15 days and will be delivered at your doorstep.
  • After the Central Excise no. is received the tax is to be paid monthly and return of the same is to be filed quarterly/half-yearly/yearly.
IMPORT EXPORT LICENSE (IEC)

One of the most common questions we ponder on when the idea of starting the business of import and export is about obtaining the Import-Export Code (IEC). So, if your enterprise wants to import or export any product, commodity it does requires registration with Director General of Foreign Trade (DGFT). Even if you want to just purchase machinery for your production, it requires registration with DGFT and obtaining IEC. Moreover, for making any advance payment of products, machineries the banker will also requires your IEC.

The procedure for registration with Director General of Foreign Trade (DGFT) for Import Export Code (IEC) is as follows:

  • Submit the basic information sheet and required documents to our office, our staff will file the required forms and will contact you for signatures in various forms. This will include your banker’s signature on specified format.
  • After submitting the forms duly signed and stamped, the central excise tax number and certificate will be allotted within 15 days and will be delivered at your doorstep.
  • After submitting the forms duly signed and stamped, the DGFT will issue the IEC certificate.