As the biggest-ever taxation reform, Goods and Service Tax has been introduce and implement in July 2017 in the entire country by our government. The people are more confused about the terms and conditions of the new taxation system GST and it is pretty challenging for them to file a GST and all. That’s why GST Suvidha Kendras have come into play and resolved all the taxes regarding issues of small shopkeepers as well as medium-sized businesses.
In short GST Suvidha Kendra is the one-stop solution for businesses of all sizes that lets them accomplish all their GST-related work seamlessly.
On the other hand, the government has given opportunities to entrepreneurs to start their own businesses by opening a GST Suvidha Kendra in their locality and earning a good income for their survival.
If you are an entrepreneur and desired to open a GST Suvidha Kendra in your locality, then be with us. We will make you aware of every aspect of it through this post.
About GST Suvidha Kendra
A GSTN-authorised entity GST Suvidha Kendra provides taxpayers to file their GST returns at a nominal cost and is beneficial for both. It helps businessmen and individual taxpayers with less than 20 lac turnover to file their taxes and returns hassle-free.
GST Suvidha Kendras eliminates the huge fees charge by CA or any finance expert and reduces the cost of GST registration for SMEs or small retailers.
Providing a license to open a GST Suvidha Kendra for any individual works like “Two Birds with one Stone” for the government. First, it helps taxpayers with little or no technical knowledge to file their GST conveniently, and second offer the owners of the Suvidha Kendra to earn their livelihood by just taking a nominal commission from the customers.
Eligibility To Open a GST Suvidha Kendra
Many GSPs are offering licenses to individuals to start their own by establishing a Gst Suvidha Kendra Service in their desire location. If you are interested in opening a Gst Suvidha Kendras then you should satisfy several eligibility criteria require to open the same. Here are these.
- You must be an Indian Citizen
- Holding a Degree or Diploma from any recognized institution is necessary to open your own GST Suvidha Kendra Franchise.
- You must have enough knowledge to operate a computer and the Internet.
- A basic understanding of business and accounting is required.
- You should possess an area of about 100 to 150 sq meters to open the office of GST Suvidha Kendra.
- Two computers, a printer/scanner, and a Wi-Fi connection are a must before going for it.
- As identity proof you need a PAN Card or an Aadhar card.
How to Get a GST Suvidha Kendra Franchise
Gst Suvidha Kendras is a customer-centric business model license by GSP to provide all the GST-related services in one place and helps individual taxpayers or small businessmen to comply with all the GST norms properly and make taxation procedures simple and convenient for them. With the help of Gst Suvidha Kendras small businessmen can also get benefite to solve all their taxes regarding work without much expense in hiring a professional or expert CA.
Steps to Open a GST Suvidha Kendra
To open a Gst Suvidha Kendras proceed with the steps.
- Make sure you are eligible to open a Gst Suvidha Kendras.
- Now pick from various GSPs to get the license to open a GST franchise.
- Navigate to the website of that particular GSP and read all the instructions carefully before applying for it.
- Click on the “Apply Now”, button
- A form will appear on the screen, you need to enter all the details correctly, like your name, email ID, postal address, contact number, etc.
- Now tap on the “Submit” button to submit your application form finally
- Pick the services that you will provide at your Gst Suvidha Kendras.
- The application form will then be check and verified by the authorized person, if all the documents are correct, you will be notified via email.
- After approval, Pay through a DD to give the license to you.
- A room of 100 to 150 sq ft will be required to open an office. So, you can either purchase or take on rent.
Once the procedure is complete you will need to set up all the necessary pieces of equipment to provide Gst Suvidha Kendras Service to the people in need and earn by getting a commission from every customer imposed on every tax regarding work.
Opening a GST Suvidha Kendra and Earning Money
The Goods and Services Tax (GST) Suvidha Kendra is a novel initiative introduce by the Indian government to simplify GST compliance for businesses and individuals. These centers act as one-stop solutions for GST-related services, making it easier for taxpayers to file returns, obtain registration, and seek guidance on various GST matters. If you are looking for a lucrative business opportunity, opening a GST Suvidha Kendra could be an excellent venture to consider.
One of the primary advantages of setting up a GST Suvidha Kendra is the ever-increasing demand for GST-related services. As GST laws and regulations evolve, businesses often find it challenging to keep up with the changes. As a GST Suvidha Kendra owner, you can bridge this gap by offering expert guidance and assistance to taxpayers, thereby providing a valuable service that will be in high demand.
In terms of revenue generation, a GST Suvidha Kendras can have multiple income sources. You can charge fees for the services provided, such as filing returns or assisting with GST registrations. Additionally, you can earn commissions from the government for facilitating GST payments and registrations. Diversifying your services and catering to various types of businesses, both small and large, can further boost your earnings.
In conclusion, opening a GST Suvidha Kendras can be a profitable venture, considering the growing demand for GST-related services. With the right approach, dedication, and quality service. you can create a successful business that not only helps taxpayers but also allows you to earn a substantial income. Remember, staying updated with the latest GST regulations and providing reliable assistance will be crucial in making your venture a long-term success.