Tuesday 21 February 2017

SERVICE TAX NUMBER

Service Tax is a tax which is payable on service provided by the service provider just like Excise duty is payable on goods which are manufactured, similarly Service Tax is payable on service provided.
Service Tax Code Number is a 15- digit code, based largely on the PAN number of the assessee. The first 10 digits are the same as the PAN, while digits 11 and 12 are ST or SD. If you have applied for just one number against a single PAN, then the next three digits will be 001, completing the 15-digit code.
Service tax number must be registered with service tax department. The application for registration under the service tax law is required to be made in the form ST-1 as prescribed under the rules. The ST-1 can be filed online using website. If the application is made through ACES the registration number can be obtained immediately, but the registration certificate will be issued only after submitting the necessary papers.
A person liable to pay service tax will have to get themselves registered under the service tax law within 30 days from the date of commencement of such service or business.

In case of service provider whose aggregate value of taxable service not exceeded 9 lakhs in a financial year not need to obtain registration, whereas in case he has obtained registration he is liable to payment of service tax only if the value of taxable services exceeds 10 lakhs rupees.
Pattern  of Service Tax Number.

  • First 10  digits – PAN Number.(Assessee).

  • 11th and 12th - digits – ST or SD (Service Tax code).

  • 13th and 14th - will be the number of Registrations issued against that PAN, starting with 001.
Details Regarding – Service tax registration number- Name and Address of assessee, Location code, Division code, Range code, and Status.
Service tax number registration provided by Central board of Excise and Customs CBEC(Central Board of Exercise and Customs) and it is necessary for all the service providers who are registered to collect the service tax from the services provided by them.

3 Steps - Assessee Verification

Simply visit the website of the Central Board of Exercise and Customs.
In the bottom of your right of your screen, you will find an option for an Assessee-code-based-search.
Enter the 15- digit code and clear image verification. You find both Central excise and Service tax   assesses through this method.

Payments of service tax and filing Service Tax Returns
As per the Service Tax Rules framed by the Govt. of India, Payment of Service Tax should be made at regular intervals. The service Tax collected by the service provider shall be paid to the credit of the central Govt. on a regular basis before the due date for payment of service tax and in case of late payment  of service tax – interest shall also be payable on the Late payment as prescribed.

The payment of service tax by companies, trusts , associations, societies has to be done in monthly intervals. For example, service tax for the month of February has to be paid on or before 6th march. The service tax is filled half yearly, payment of service tax received by the service provider shall be deposited with the Govt. on a monthly/quarterly basis.

The Service Tax Return is required to be filled in “Form ST-3A” as the case may be and shall include the following month wise details. Filing Service Tax Return is mandatory for all assesses who have a service tax number irrespective of their annual turn  over. The assessee who wishes to surrender his service tax registration certificate shall Logon to his account on www.aces.gov.in .
A person can either apply for the service Tax Registration Number himself or engage a professional to apply for service Tax Number on his behalf.

For more details please visit here: Service Tax Registration

Monday 16 January 2017

Private Limited Company Registration

Private Limited Companies are one of the most common and widely accepted company types today. In such companies the minimum number of members are limited to two and maximum number is two hundred. The members have limited liability and this type of company has many characteristics similar to that of a partnership firm. A private limited company has all the advantages of partnership like flexibility, greater capital combination of different and diversified abilities. Along with these it has advantages of limited liability, greater stability and legal entity.

The Private Limited company type has certain advantages over other types. Namely:



Separate Legal Entity

Uninterrupted Existance

Borrowing Capacity

Easy Transferability

Owning Property

Limited Liability

However, opening a private limited company and obtaining it's registration is quiet a tedious task. In order to get a Private Limited company registered, certain documents have to be obtained. The procedure is as follows:

Obtaining DSC & DIN

Getting Name Approval

Applying for Company Registration

In order to perform all the legal formalities in time and getting hold of all the documents required, one has to go through lot of tedious paper work processes. It not only consume time and money but also tests ones patience. Along with all this, the risk of committing a mistake which might cost one his/her dream company always stands.

As a solution to all these problems, eFilingportal.in has come up with the online services to register all company types including private limited company. As unbelievable as it may sound, eFilingportal.in provides services at your doorstep. You do not need to spend your days running from one office to another, collecting papers, signing documents and getting more and more confused. All you need to do is give your details to eFilingportal.in, your Private Limited Company registration process will be well taken care of from there on.

So without any delay, contact the portal today!

This article is about Company Registration and Business Registration for more information please visit our website: https://efilingportal.in

Friday 4 November 2016

New Company Name Approval Process



https://www.efilingportal.in/
Only a few months have passed after the beginning of the year 2016 and the year so far has witnessed tremendous efforts towards boosting of the business scenario in India. Apart from the launch of plans and initiatives like the Startup India plan, the government has also been keen towards improving the existing policies and programs. One such program modified recently is the company name approval process which has now been transferred from the State offices of Registrar of Companies to a centralised name approval processing cell. Through this article we bring to you our take on the recently initiated changes.

Under the previously existing (Old) process for company name approval, all the applications filed by filling the Form INC-1 for acquiring approval for a company name were forwarded to an Officer in the office of the Registrar of Companies of the concerned state. The process was manual and the time to be consumed in the process was not set as it varied from state to state. The government and the concerned authority felt a need to modify the norms to simplify this process and make it more efficient and less time consuming. With this aim the Ministry of Corporate Affairs under the MCA notification dated 22nd January 2016, declared the establishment of a Central Registration Centre (CRC) to serve the purpose.
Unlike the existing system which was a state level affair, the Central Registration Centre (CRC) was given a countrywide territorial jurisdiction for processing of all the company name approval applications. This registration centre is governed by the Companies Act, 2013 and at the moment functions under the Registrar of Companies, Delhi (ROC Delhi).

Proving true to its purpose of existence, the new central registration centre has reduced the government processing time for approval of the company name considerably. Now it is possible to get your company name approved in merely 1-2 days. For setting up this centre, the complete procedure which previously existed has been re-created and modified to suit the requirements. The manual processing system has now been moved to a fully automated system.

In order to ensure immediate and instant clearance of applications, the Ministry has also introduced a system of zero balance in application from Tuesdays to Friday.
 After achieving success in making the name approval process more efficient, the ministry is ready to set the dice rolling for modifying the company registration process by the centralisation of processing of incorporation applications.
It cannot be doubted that the centralisation of name approval has contributed significantly towards development of the incorporation process by making it simpler and quicker at the same time.

Efilingportal.in brings to you its take on the newly introduced modification in the company name approval process.

This article is about Company Registration and Business Registration for more information please visit our website: https://www.efilingportal.in

Saturday 22 October 2016

Start a business in India without worrying about finances becomes possible!

efilingportal.in/
Everyone knows that accumulating the desired amount of capital is very basic and crucial requirement of a business. This however also proves to be the most difficult one for a lot of budding entrepreneurs, putting off thousands of dreams. The amount required to start a business varies for various business types. Though true, this has no direct relationship with the success of the business. However, as per the general perception a certain specific amount is required to start a business. What to do if one if unable to accumulate that amount? This is what this article is all about. Therefore, if you are a budding entrepreneur with inadequate funds, trail the following steps to get going with your dream business.

Bring out the plan

There are a lot of youngsters with brilliant business plans along with lack of funds to implement and execute. Thankfully for such master minds, this era does not require money as much as it welcomes new ideas. With a lot of private equity firms and angel investors looking to fund a sensational idea, smart ideas will no more be turning into unfulfilled dreams. If you are one such aspirant, prepare a good business plan and an impressive presentation that showcases and conveys your ideas to the core. TieCon, CII, FICCI, come up with ample of opportunities by conducting presentations frequently.

Register you LLP with EMI 

Incorporation of the newly formed business entity is the very first step towards building a business. It is important as incorporation opens the doors for legal formalities like opening of bank account in the name of the business, attaining tax registrations and invoicing clients. Amongst all, a Limited Liability Partnership registration costs the least making a total of Rs.8000. However if you are facing trouble with accruing funds, EMI option is available for LLP Registration. It is a very good option which becomes most feasible for all the promising business men of India.

Becoming an E-seller

In today’s IT oriented world, becoming an e-seller in online markets has become extremely easy. Online markets like Flipkart, Amazon, Snapdeal and Jabong etc are doing very well by attracting customers from all over the world. Today anything one can think of buying from a market can probably be sold in the virtual market. It is easy, hassle free and quick business. Further, becoming a seller on an established ecommerce portal makes way for uncomplicated and trouble free access to potential customers.

 Schemes launched by the government

The present government of India is involved in developing the Indian business eco system like never before. We have witnessed the launch of several schemes and incentives for start ups in India, like the most popular Startup India Standup India plan. In the same line, the central and the state governments provide a lot of schemes to encourage and support the first generation entrepreneurs. From providing seed funding to arranging for the bank loan, these schemes are 360 degrees support oriented. Some of such schemes NEEDS Scheme in Tamil Nadu, Self-Employment and Talent Utilisation (SETU) Program announced in 2015 Budget.

This Article is About Company Registration and Register a startup for more information please visit our website: https://efilingportal.in


Monday 26 September 2016

Company Registration: Several Problems, one solution

https://www.efilingportal.in
What stops a large number of potential entrepreneurs from setting up their own company and stepping into the world of business? The dull paperwork which is not only time consuming but also requires a large amount of mental exercise. It is not only confusing but is also repelling. Understanding the problems that our future business leaders face, eFilingportal has come up with the solutions. The portal is committed towards serving aspiring and existing entrepreneurs and small business owners. The portal provides assistance from setting up the dream business and managing it. We at the portal have designed the system to make your business process an easy, stress free, and an affordable ride to the top.

eFilingportal.in has set the dice rolling to bring to you the most needed facility of registering a company online, from the ease of home. eFilingportal.in has made it possible for you to now register any kind of company online, sitting at your home. No complicated paper work, no mind numbing, twisted legal formalities, all you need to do is provide the required details and documents to the portal and relax. The process of turning your dream into reality will be taken care of by the portal.

Through the portal one can get various kinds of companies registered like, Private Limited Company, Limited Company, OPC Private Limited Company, Limited Liability Partnership, Partnership Firm, Proprietorship Business and many others. Making sure you have a good experience, the portal maintains a user-friendly procedure, also explaining the procedure to be followed in both written form and also through a video.   We at eFilingportal.in understand the value of your money and time. This is why we strive to be time efficient. The portal also ensures security of the personal information that the user provides.

Along with registering various types of businesses and companies mentioned above, the portal also provides services like Service Tax Registration, TIN VAT CST Registration, Import Export Code Registration etc.

If you are an up-coming entrepreneur willing to register your dream company in a simple, time saving, secure and economically reasonable manner, eFilingportal.in is the right place to be!

One window solution to all your business problems is here. Contact eFilingportal.in today!

Having trouble registering your company? Why fear when eFilingportal.in is here. Log on to www.eFilingportal.in today!

This article is about Company Registration and Business Registration for more information please visit our website: https://www.efilingportal.in

Thursday 7 July 2016

Here is the key to easy Company Registration

https://www.efilingportal.in
Turning our dream business into reality sounds really great and fills us with enthusiasm. However, it proves to be as difficult as charming its idea sounds. All the legalities, paper work and tiresome procedures often turn out to be barriers in the way to fulfillment of dreams. If you too feel scared of the tiring paper work and legal formalities, you do not need to worry at all. Now you can register your company in incredibly reduced amount of time, in the most affordable prices and along with guaranteed excellence of services.

eFilingportal.in has been designed keeping in mind the problems that our potential business-men face while getting their companies registered. The portal is totally dedicated towards making the procedure of company registration a simple and less complicated one. eFilingportal.in provides all the facilities related to registering companies be it, Private Limited Company, Limited Company, OPC Private Limited Company, Limited Liability Partnership, Partnership Firm, Proprietorship Business or any other kind of business that you wish to register. Along with registering various types of businesses the portal also provides services like Service Tax Registration, TIN VAT CST Registration, Import Export Code Registration etc. For the convenience of the customers, the portal maintains a user friendly guide and provides guidance in both verbal and visual form for the convenience of the users along with ensuring security of the personal information that the user provides.

For getting your firm registered in a hassle free manner, contact us at www.eFilingportal.in. Once you hand over the required documents and information to our experienced staff, it then becomes our duty to ensure that you have a good quality experience in time lesser than you would have thought. So what are you waiting for? Take the first step towards your dream with us and make the journey towards top, a memorable one.

eFiling Portal
509, Sector - 27, Gurgaon, Haryana, 122009 India
Contact Number : 9-555-247-000 , 888-2-247-000
Email : info@efilingportal.in

This article is about Company Registration and Business Registration for more information please visit our website: https://www.efilingportal.in

Tuesday 7 June 2016

eFilingportal brings to your home quality company registration services

https://www.efilingportal.in
Taking another towards simplifying the process of giving business dreams a reality touch, eFilinportal.in introduces online services of company registration. It is not only a good news for all the would-be entrepreneurs who wish to register their company but also is a sigh of relief for all those who find tiring paper work and legal formalities scary. If you are one of them, then it is time for you to put aside your worries because eFilingportal.in now gives its clients services like never before. Now you can register your company without any trips to different offices obtaining and filling numerous forms and signing infinite number of times. On top of it, all this can be done in unbelievably less time with the most affordable prices and assured quality services sitting at your home or office.

With eFilingportal.in you can register any type of company that you wish. For e.g., a Private Limited Company, Limited Company, OPC Private Limited Company, Limited Liability Partnership, Partnership Firm, Proprietorship Business or any other kind of business. Along with registering various types of businesses the portal also provides services like Service Tax Registration, TIN VAT CST Registration and Import Export Code Registration etc.

Also, not only the firm provides registration facilities, the experienced and dedicated staff at the firm is available for any business related query and is happy to serve.

What makes the services provided by eFilingportal.in different from other is that the staff at the portal understands the value of the time and money that clients invest faithfully in the firm. Valuing this trust the firm offers expert assistance throughout the complete process of registration of the client’s dream company.

If you wish to get your firm registered with the portal, all you need to do is to contact us at www.eFilingportal.in and get in touch with one of our team members. Once that is done, you will have to provide us with the papers and information required for registering your business. We at the portal respect your trust on us by maintaining proper confidentiality of the information provided.

On your part, all that is required for you to do is, to send all the required documents and information, leaving the rest on us. Everything else will be taken care of by the portal in lesser time than you would have thought. So without any delay, take the first step towards your dream with us and make your journey a memorable one. 


eFiling Portal
509, Sector - 27, Gurgaon, Haryana, 122009 India
Contact Number : 9-555-247-000 , 888-2-247-000
Email : info@efilingportal.in

This article is about Company Registration and Business Registration for more information please visit our website: https://www.efilingportal.in