GST is the biggest tax reform in India, tremendously improving ease of doing business and increasing the taxpayer base in India by bringing in millions of small businesses in India. By abolishing and subsuming multiple taxes into a single system, tax complexities would be reduced while tax base is increased substantially. Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to register for GST. Entities without GST registration would not be allowed to collect GST from a customer or claim input tax credit of GST paid or could be penalised. Further, registration under GST is mandatory once an entity crosses the minimum threshold turnover of starts a new business that is expected to cross the prescribed turnover.

As per the GST Council, entities in special category states with an annual turnover of Rs.10 lakhs and above would be required to register under GST. All other entities in rest of India would be required to register for GST if annual turnover exceeds Rs.20 lakhs. There are also various other criteria's, that could make an entity liable for obtaining GST registration - irrespective of annual sales turnover. Entities required to register for GST as per regulations must file for GST application within 30 days from the date on which the entity became liable for registration under GST.

Probitas Consulting is the leading business services platform in India, offering a variety of services like income tax filing, GST return filing, private limited company registration, trademark filing and more. Probitas Consulting can help you obtain GST registration in India and maintain GST compliance through a proprietary GST accounting software. The average time taken to obtain GST Certificate is about 5 - 10 working days, subject to government processing time and client document submission. Get a free consultation on GST and GST return filing by scheduling an appointment with an Probitas Consulting Advisor.

Documents Required for GST Registration

PAN Card of the Business or Applicant

GSTIN is linked to the PAN of the business. Hence, PAN is required to obtain GST certificate.

Identity and Address Proof of Promoters

Identity proof and address proof documents like PAN, passport, driving license, aadhaar card or voters identity card must be submitted for all the promoters.

Business Registration Document

Proof of business registration like incorporation certificate or partnership deed or registration certificate must be submitted for all types of registered entities.

Address Proof for Place of Business

Documents like rental agreement or sale deed along with copies of electricity bill or latest property tax receipt or municipal khata copy must be submitted for the address mentioned in the GST application.

Bank Account Proof

Scanned copy of the first page of bank passbook showing a few transaction and address of the business must be submitted for the bank account mentioned in the registration application.

Digital Signature

Class 2 or class 3 digital signature is required for the authorised signatory to sign and submit the GST application. In case of proprietorship, there is no requirement for digital signature.

GST Registration Process

Probitas Consulting can help your business obtain GST Certificate in 2 to 7 working days, subject to Government processing time.

GST Application Preparation

An Probitas Consulting GST Expert will prepare your GST application and collect the documents necessary through the iCFO platform.

GST Application Filing

Once the application is prepared and documents are collected, we will file your application online and provide you ARN number immediately.

GST Registration Certificate

Once the GST application and the attached supporting documents are verified by the Officer, GSTIN and GST Certificate is provided.

GST Registration Eligibility Criteria

Turnover Criteria

Entities involved in supplying of goods or services with an annual aggregate turnover of more than Rs.20 lakhs in most States are required to register for GST mandatorily. In special category states, the aggregate turnover criteria has been reduced to Rs.10 lakhs. In addition to the turnover criteria, there are various other conditions that could mandate GST registration. Use the tool above to find if your business must be registered for GST in India.

Inter-State Supply

Registration under GST is mandatory for entities undertaking inter-state supply of goods and/or services, irrespective of aggregate annual turnover. For example, if a business in Maharashtra supplies goods to a business in Tamil Nadu, then GST registration is required.

E-Commerce Sellers

Entities involved in the supply of goods or services through e-commerce platforms are mandatorily required to be registered under GST, irrespective of aggregate annual turnover. Hence, sellers on e-commerce platforms like Amazon, Flipkart and Snapdeal would have to register under GST mandatorily.

Existing Taxpayers

All entities having service tax or VAT or central excise registration must be registered under GST mandatorily. Existing taxpayers have been provided with Provisional ID and password for completion of GST migration formalities and generation of GSTIN by the respective tax departments.

Casual Taxable Persons

A casual taxable person is someone who occasionally undertakes supply of goods or services having no fixed place of business. An example of a casual taxable person can be a fireworks shops setup during Diwali festival time, selling fireworks or a temporary food stall.

GST Return Filing

After obtaining GST registration, the entity will be required to file GST returns periodically. Failure to file GST returns will attract penalty. Entities with an annual turnover of more than Rs.1.5 crores (INR 15 Million) will have to file monthly GST returns. The three returns to be filed by normal taxpayers are GSTR-1 (details of outward supplies) on the 10th of each month, GSTR-2 (details of inward supplies) on the 15th of each month and GSTR-3 (monthly return) on the 25th of each month. The reduce the compliance burden of small businesses with a turnover of less than Rs.1.5 crores, the Government has announced quarterly returns commencing from the quarter starting in October.

Goods and Services Tax or GST has been implemented in India from 1st July, 2017 and non-resident taxpayers are also required to obtain GST registration and file GST returns. According to the GST Act, “non-resident taxable person” means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India. All non-resident taxable persons are required to appoint an authorised person in India for the purpose of complying with GST regulations.

Non-resident taxpayers are required to obtain GST registration as a Non-Resident Foreign Taxpayer 5 days prior to the undertaking business in India. An application for GST registration for foreign non-resident taxable person must be made through an authorised agent in India. Once, an application for GST registration is filed, a transaction number would be generated. Using the transaction number, GST deposit must be made by the taxpayer to obtain GST registration in India.

Probitas Consulting is the leading business services platform in India, offering a variety of services like GST migration, GST registration, GST return filing, private limited company registration, trademark filing and more. Probitas Consulting can help you foreign companies and NRIs with end-to-end GST compliance services starting from GST registration to GST return filing through a proprietary GST accounting software. The average time taken to obtain GST registration is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation on GST registration, GST accounting and GST return filing by scheduling an appointment with an Probitas Consulting Advisor.

Advantages of Goods & Services Tax (GST)

Unified Platform

With the implementation of GST in India, the indirect taxes would be streamlined and standardized. Under GST regime, businesses would no longer have to obtain multiple VAT registration in different States or obtain a separate VAT and Service Tax registration. A single GST registration would be sufficient across India for selling or purchasing goods or providing services.

Subsuming of Taxes

subsumes various other taxes like Central Sales Tax, Additional Customs Duty, Purchase Tax, Luxury Tax, etc., Hence, under GST, many of the taxes in existence today would be subsumed and made into one tax. This would make tax collection and compliance easy for businesses across the country.

Lower Taxes

Currently in some states under the VAT regime, businesses are required to comply with VAT regulations once they cross an annual turnover of Rs.5 lakhs. Under GST regime, GST liability accrues only if an entity crosses an annual turnover of Rs.10 lakhs in northeast or hill states, whereas for rest of India, the threshold is set at Rs.20 lakhs.

Ease of Doing Business

Currently, many businesses like restaurants, computer sales and services businesses have to comply with both VAT and Service Tax regulations. This creates a compliance burden on the business, as they have to calculate taxes for the transaction based on different rates for different items. Under GST, the distinction between goods and services will be gone – making doing business easy.

Larger Tax Base

GST is expected to increase the tax base in India significantly. Hence, the overall tax liability for businesses is expected to reduce overtime, as more and more businesses become compliant. Further, GST will use the latest in technology, including data from Aadhaar database, PAN database, etc., to make GST registration and GST return filing process, as seamless as possible.

How We Help with GST Registration

Probitas Consulting can help your business obtain GST Registration in 7 to 12 days, subject to Government processing time.

Application Preparation

A Probitas Consulting GST Expert will prepare your GST registration application and collect your documents with signature in the format.

Application Filing

Once the application is prepared, Probitas Consulting will file for registration under GST with the concerned Tax Department.

GST Registration

Once the GST registration application and the attached supporting documents are verified, the Tax Department will allot GST registration number (GSTIN) for your business.

Goods and Services Tax or GST has been implemented in India from 1st July, 2017 and casual taxable persons are also required to obtain GST registration and file GST returns. According to the GST Act, “casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business. A casual taxable person is mandatorily required to obtain GST registration irrespective of annual aggregate sales turnover.

Casual taxable persons are required to obtain GST registration under a special category at least 5 days prior to the undertaking business. An application for casual taxable person GST registration can be filed online along with identity proof, address proof and photographs of the promoters. Once, an application for casual taxable person GST registration is filed, a transaction number would be generated. Using the transaction number, GST deposit must be made by the taxpayer to obtain casual taxable person GST registration in India.

Probitas Consulting is the leading business services platform in India, offering a variety of services like GST migration, GST registration, GST return filing, private limited company registration, trademark filing and more. Probitas Consulting can help casual taxable persons with end-to-end GST compliance services starting from GST registration to GST return filing through a proprietary GST accounting software. The average time taken to obtain GST registration is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation on GST registration, GST accounting and GST return filing by scheduling an appointment with an Probitas Consulting Advisor.

Advantages of Goods & Services Tax (GST)

Unified Platform

With the implementation of GST in India, the indirect taxes would be streamlined and standardized. Under GST regime, businesses would no longer have to obtain multiple VAT registration in different States or obtain a separate VAT and Service Tax registration. A single GST registration would be sufficient across India for selling or purchasing goods or providing services.

Subsuming of Taxes

subsumes various other taxes like Central Sales Tax, Additional Customs Duty, Purchase Tax, Luxury Tax, etc., Hence, under GST, many of the taxes in existence today would be subsumed and made into one tax. This would make tax collection and compliance easy for businesses across the country.

Lower Taxes

Currently in some states under the VAT regime, businesses are required to comply with VAT regulations once they cross an annual turnover of Rs.5 lakhs. Under GST regime, GST liability accrues only if an entity crosses an annual turnover of Rs.10 lakhs in northeast or hill states, whereas for rest of India, the threshold is set at Rs.20 lakhs.

Ease of Doing Business

Currently, many businesses like restaurants, computer sales and services businesses have to comply with both VAT and Service Tax regulations. This creates a compliance burden on the business, as they have to calculate taxes for the transaction based on different rates for different items. Under GST, the distinction between goods and services will be gone – making doing business easy.

Larger Tax Base

GST is expected to increase the tax base in India significantly. Hence, the overall tax liability for businesses is expected to reduce overtime, as more and more businesses become compliant. Further, GST will use the latest in technology, including data from Aadhaar database, PAN database, etc., to make GST registration and GST return filing process, as seamless as possible.

How We Help with GST Registration

Probitas Consulting can help your business obtain GST Registration in 7 to 12 days, subject to Government processing time.

Application Preparation

A Probitas Consulting GST Expert will prepare your GST registration application and collect your documents with signature in the format.

Application Filing

Once the application is prepared, Probitas Consulting will file for registration under GST with the concerned Tax Department.

GST Registration

Once the GST registration application and the attached supporting documents are verified, the Tax Department will allot GST registration number (GSTIN) for your business.

Professional Tax is a tax levied on professions and trades in India. It is a state-level tax and has to be compulsorily paid by every member of staff employed in private companies. The owner of a business is responsible to deduct professional tax from the salaries of his employees and pay the amount so collected to the appropriate government department.

Professional tax is usually a slab-amount based on the gross income of the professional. It is deducted from his income every month. Some of the state governments that have levied professional tax are Karnataka, West Bengal, Andhra Pradesh, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Orissa, Tripura and Madhya Pradesh. In case of salaried employees and wage earners, Employer is liable to deduct professional tax with the State Government. In case of other class of Individuals, this tax is liable to be paid by the person himself. Probitas Consulting can help obtain professional tax registration in India.

Reasons to Obtain Professional Tax Registration

Statutory Requirement

Employers in certain states are required to mandatorily obtain professional tax registration, deduct and pay service tax on behalf of employees.

Avoid Penalty

Failure to obtain professional tax registration or remit professional tax could result in fines and penalties that accrue over time.

Easy Compliance

Compliance with professional tax regulation is easy. Professional tax registration can be obtained easily and compliance maintained easily.

Tax Deductible

A deduction from salary can be claimed by the taxpayer on account of professional tax paid. The deduction for professional tax will be allowed in the year in which the tax is actually paid by the employee.

State Government Tax

State Governments and Local Authorities are empowered to collect professional taxes on professions, trades, callings and employment. The amount of professional tax collected does not exceed Rs.2500 per annum.

How We Help with Professional Tax Registration

Probitas Consulting can help you obtain professional tax registration in 5 - 10 working days.

Application Preparation

Our Professional Tax Expert will assess your business and prepare the documentation for professional tax application with the State Government.

Application Filing

Signed professional tax application is submitted with the relevant department by an experienced Probitas Consulting expert in the same city or town.

Registration

Application is scrutinized by the Government department. If the application is in order, professional tax registration is provided.

TAN or Tax Deduction and Collection Number (TAN) is mandatory 10 digit alpha number required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government. Tax deducted at source (TDS) ensures that the Government's collection of tax is proponed and the responsibility for paying tax is diversified. The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government - quoting the TAN number. Individuals who are salaried are not required to obtain TAN or deduct tax at source. However, a proprietorship business and other entities (i.e., Private Limited Company, LLP, etc.,) must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, payment of rent exceeding Rs.1,80,000 per year, etc. On deducting tax at source, the entity registered for TAN will issue a TDS Certificate as proof of collection of tax.

To obtain TAN, application must be made for allotment of TAN in Form 49B along with the required supporting documents. Based on the application, the TAN will be allotted to the entity and the entity must quote the TAN in all TDS/TCS returns, TDS/TCS payment challans and all TDS/TCS Certificates. Probitas Consulting can help you obtain your TAN registration quickly and hassle-fee. Probitas Consulting is an authorized TAN Facilitation Center.

Reasons to Register a TAN

TAN - Tax deduction Account Number

PAN is a 10 character alpha-numeric code issued by the Income Tax Department for persons responsible for deducting or collecting tax at source. All most all for-profit entities and not-for-profit entities are required to obtain TAN.

TDS Payments

Tax Deducted at Source must be paid into authorized bank, quoting the TAN and using Challan 281. TDS during the preceding month must be paid before the 7th day of the following month.

Proprietorship Require TAN

Salaried individuals are not required to deduct tax at source. However, individuals running a proprietorship are required to obtain TAN and deduct tax at source when required.

TAN Facilitation Center

Probitas Consulting is a authorized TAN facilitation center. Therefore, Probitas Consulting can help you obtain TAN hassle-free and quickly. Just send the TAN application along with the supporting documents and we will help you get your TAN quickly.

Validity

Once a TAN is issued, it is valid for lifetime. However, TDS Filings must be made quarterly on the 15th day of July, October, January and May. Non-filing of TDS filings within the due date will attract a penalty.

How We Help with TAN Registration

Probitas Consulting can help your business obtian TAN Registration in 7 to 12 days, subject to Government processing time.

Application Preparation

A Probitas Consulting Tax Expert will prepare your TAN Application and obtain your signature in the format along with the necessary supporting documents.

Application Processing

Once the application is prepared, Probitas Consulting will submit the TAN Application to the Tax Department. Probitas Consulting is a TAN Facilitiation Center.

TAN Allotment

Once the application and the attached supporting documents are verified, the Tax Department will allot a TAN Number for your business.

Employees Provident Fund (EPF) is a scheme controlled by the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. It is regulated under the umbrella of Employees’ Provident Fund Organisation (EPFO). PF registration is applicable for all establishment which employs 20 or more persons. PF registration can also be obtained voluntarily by establishments having less than 20 employee.

The PF contribution paid by the employer is 6% of (basic salary + dearness allowance + retaining allowance). An equal contribution is payable by the employee. In case of establishments which engage less than 20 employees or meet certain other conditions, as per the EPFO rules, the contribution rate for both employee and the employer is restricted to 10%. For most employees working in the private sector, it’s the basic salary on which the contribution is calculated.

It is obligatory that employees’ drawing less than Rs 15,000 per month, to become members of the EPF. As per the guidelines in EPF, employee, whose ‘basic pay’ is more than Rs. 15,000 per month, at the time of joining, is not required to make PF contributions. Nevertheless, an employee who is drawing a pay of more than Rs 15,000 can still become a member and make PF contributions, with the consent of the Employer.

Important Aspects Relating to PF Registration

PF Return

Provident fund return must be filed by all entities having PF registration every month. PF return is due on the 25th of each month. Further, a final PF return is due on the 25th of April for the year ended on 31st March.

PF Payment

Provident Fund (PF) payments are due on the 15th of each month. The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month. For most entities, the PF rate of 12% would be applicable.

UAN

The Employee Provident Fund has launched the Unified Portal to streamline and simplify all aspects of provident fund for both employers and employees. Employees who have the newly allotted UAN can use the Unified Portal for various services.

Unified Portal

To improve ease of doing business, all services relating to provident fund like PF registration, PF return filing and payment of PF contribution has been made available online through the Unified Portal.

PF Withdrawal

Employees who have contributed to PF can withdraw money in their PF account for various reasons by applying on the Unified Portal. PF can be withdrawn for house purchase, medical reasons, marriage or education of family members.

How We Help with PF Registration

Probitas Consulting can help you obtain PF registration in 5 to 10 days, subject to government and client processing time.

Requirement Gathering

A Probitas Consulting Expert will discuss your business requirements and collect relevant employee data and documents to begin the process for applying for PF registration.

Application Submission

The PF registration application will be submitted for the organisation in the prescribed format.

Registration

Probitas Consulting expert will provide the PF registration number for your business and the UAN number for your employees.

Employee's State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers. For all employees earning INR 21000 or less per month as wages, the employer contributes 4.75 percentage and employee contributes 1.75 percentage, total share 6.5 percentage. This fund is managed by the ESI Corporation (ESI) according to rules and regulations stipulated therein the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India. ESI is an autonomous corporation under Ministry of Labour and Employment, Government of India. But most of the dispensaries and hospitals are run by concerned state governments.

Employees registered under the ESI enjoy a range of benefits under the scheme. Employee enjoy medical attendance and treatment for the person insured and their families including full range of medical, surgical and obstetric treatment, supply of all drugs, ambulance services, super-specialty consultation, etc., In addition, to the medical care, insured persons also enjoy sick pay benefits. Registration with ESI provides the employee with tremendous benefits and improves worker morale and retention. Probitas Consulting can help your Company obtain and manage ESI Registration.

Reasons to Register a ESI Registration

ESI

Employee's State Insurance Corporation(ESI) is a self-financing social security and health insurance scheme for Indian workers. The scheme provides Employees with a comprehensive Social Security Scheme for protecting the employees during sickness, injury or disability.

ESI Contribution

ESI contributions must be made by the employer for all employees having a salary of less than Rs.21,000 per month. The employer must contribute 4.75% and employee must contribute 1.75% of the wages for ESI.

ESI Benefits

Employee's State Insurance Corporation(ESI) is a self-ESI provides employees registered the scheme with a host of medical and sickness benefits. Employees registered under the scheme can avail medical facilities and are also entitled for sick pay benefits.

Continued Compliance

Organizations under ESI coverage must file annual return showing the changes if any during the preceding year. Return of contributions enclosing copy of all ESI contributions paid must be submitted once every six months.

ESI Registration

ESI Registration for Employers having more than 10 employees. The Employer must contribute 4.75% of the Employees wages towards ESI. Once, registered the organization is allotted a 17 digit unique identification code.

How We Help with ESI Registration

Probitas Consulting can help your business obtian ESI Regisration in 12 to 20 days, subject to Government processing time.

Application Preparation

A Probitas Consulting ESI Expert will prepare your ESI Application along with the necessary supporting documents that needs to be submitted for ESI Regisration.

Application Processing

Once the application is prepared and submitted, the concerned ESI Office will process the application and may request for more information or documents.

ESI Registration

While processing the application, A Probitas Consulting ESI Expert will help you respond to any query or request for document (if required) and obtain ESI Registration.

MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. MSME enterprises are the backbone of any economy and are an engine of economic growth, promoting equitable development for all. Therefore, to support and promote MSMEs, the Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required.

Micro, Small and Medium sized enterprises in both the manufacturing and service sector can obtain MSME Registration under the MSMED Act. Though the MSME registration is not statutory, it is beneficial for business at it provides a range of benefits such as eligibility for lower rates of interest, excise exemption scheme, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Probitas Consulting can help your business obtain MSME Registration to avail a host of benefits.

Reasons to Register a MSME

MSME Registration

MSME Registration is an optional Registration under the MSMED Act that provides Micro, Small and Medium sized enterprises with a host of benefits and access to subsidies and schemes.

Small Enterprise

A Small Enterprise in the manufacturing sector is an enterprise with more than Rs. 25 lakhs but not exceeding Rs. 5 crores of investment in plant & machinery. A Small Enterprise in the service sector is an enterprise with more than Rs. 10 lakhs but not exceeding Rs. 2 crores of investment in plant & machinery.

Registration Criteria

To be classified as a MSME, Enterprises in the Manufacturing sector need to have less than Rs.10 crores of investment in plant & machinery; service Enterprises must have an investment of less than Rs.5 crores of investment in plant & machinery.

Medium Enterprise

A Medium Enterprise in the manufacturing sector is an enterprise with more than Rs. 5 crores but not exceeding Rs. 10 crores of investment in plant & machinery. A Medium Enterprise in the service sector is an enterprise with more than Rs. 2 crores but not exceeding Rs. 5 crores of investment in plant & machinery.

Micro Enterprises

A Micro Enterprise in the manufacturing sector is an enterprise with less than Rs. 25 lakhs of investment in plant & machinery. A Micro Enterprise in the service sector is an enterprise with less than Rs. 10 lakhs of investment in plant & machinery.

How We Help with MSME Registration

Probitas Consulting can help your business obtian MSME Regisration in 10 to 20 days, subject to Government processing time.

Application Preparation

A Probitas Consulting Financial Expert will prepare your MSME Application along with the necessary supporting documents that needs to be submitted for MSME Regisration.

Application Processing

Once the application is prepared and submitted, the concerned MSME Office will process the application and may request for more information or documents (if required).

MSME Registration

While processing the application, if required A Probitas Consulting Financial Expert will help respond to any query or request for document and obtain MSME Registration.

Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Codes when issued can be used by the entity throughout its existence and doesn't require any renewal or filing. Therefore, it is recommended for most organizations to obtain IE Code, irrespective of if they need it at the moment.

IE Code application must be made to the Directorate General of Foreign Trade along with the necessary supporting documents. Once, the application is submitted, DGFT will issue the IE Code for the entity in 15 - 20 working days or less.

Reasons to Register a IE Code

Importers Require IE Code

All Importers who import goods into India require an IE Code. The IE Code must be quoted while clearing customs. Also, banks require the importers IE Code while sending money abroad.

No Return Filing

IE Code does not require the filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code. Even if import or export transactions occur, there are no filings required to DGFT.

Exporters Require IE Code

All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.

Proprietors can have IE Code

Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.

Lifetime - NO Renewal

IE Code is issued for the lifetime of the entity and requires no renewal. So once a IE Code is obtained, it can be used by that entity for all its import or export transactions without any further hassles.

Documents Required for Import Export Code

Identity and Business Proof

Identity proof like passport, drivers license, aadhaar card, voters id or ration card for the promoters with photo or person authorised to file IE code application. In case of legal entity or registered body, then partnership deed or incorporation certificate or registration certificate is required.

Cancelled Cheque Copy

Bank certificate as per DGFT format or cancelled cheque bearing preprinted name of applicant and account number. Bank certificate or cancelled cheque is used to verify that the applicant has an active current account with a bank in India.

How We Help with IEC Code Registration

Probitas Consulting can help your business obtian Import Export Code (IE Code) in 12 to 20 days, subject to Government processing time.

Application Preparation

A Probitas Consulting Tax Expert will prepare your IE Code Application in the prescribed format along with the necessary supporting documents and obtain your signature in the application.

Application Processing

Once the application is prepared, Probitas Consulting will submit the IE Code Application to the Directorate General of Foreign Trade for further processing and allotment of IE Code.

IE Code Allotment

Once the application and the attached supporting documents are verified, the Directorate General of Foreign Trade will allot a IE Code for your business.

The Food Safety & Standards Act, 2006 introduced to improve the hygiene and quality of food has brought about tremendous changes in the food industry. As per the Act, no person shall commence or carry on any food business except under a FSSAI license or FSSAI registration. Therefore, any food manufacturing or processing or packaging or distributing entity is now required to obtain a FSSAI license or Registration.

FSSAI license is issued by the Food Safety and Standards Authority of India (FSSAI), Ministry of Family Health & Welfare, Government of India. Application to commence a food business must be made to the FSSAI in the prescribed format. Based on the application and supporting documents, FSSAI will accord approval. Probitas Consulting can help your business obtain FSSAI Registration or license quickly and hassle-fee. Talk to our Business Advisors and we will help you get the necessary FSSAI approvals and registrations.

Reasons to Register a FSSAI Registration

FSSAI Registration

FSSAI Registration issued by FSSAI is required for carrying on activities related to any stage of manufacturing, processing, packaging, storage, transportation, distribution of food.

License Categories

FSSAI license can be divided into two categories State level license and Central license. Hotel, Restaurant and medium size food manufacturers are covered under State license. Large size food manufacturers come under Central licensing.

Hawkers and Cottage Industries

Petty retailer, hawker, itinerant vendor or a temporary stallholder or small scale or cottage or such other industries relating to food business or tiny food business operator are exempt from obtaining FSSAI Registration or license.

Location Specific

A separate FSSAI Registration or license required and issued for each location where food is handled. Therefore, an entity may have to obtain multiple FSSAI licenses if it operates multiple locations.

Validity

Once a FSSAI license is issued, it is valid for one or two years. Before end of its validity, the license can be renewed for a further term based on the requirements of the business.

How We Help with FSSAI License

Probitas Consulting can help your business obtain FSSAI license in 15 to 20 days, subject to Government processing time.

Application Preparation

A Probitas Consulting FSSAI Licensing Expert will prepare your FSSAI Application along with the necessary supporting documents that needs to be submitted to FSSAI.

Application Submission

Once the application is prepared, we will submit the application to the concerned FSSAI Licensing Office and help submit additional documents or answer any queries.

FSSAI License

Once the processing of the application is completed by the FSSAI. The concerned FSSAI office will issue the FSSAI Registration or license typically with a validity of 1 or 2 years.

A Digital Signature is the equivalent of a physical signature in electronic format, as it establishes the identity of the sender of an electronic document in the Internet. Digital Signatures are used in India for online transactions such as Income Tax E-Filing, Company or LLP Incorporation, Filing Annual Return, E-Tenders, etc., There are three types of Digital Signatures, Class I, Class II and Class III Digital Signature. Class I type of Digital Signatures are only used for securing email communication. Class II type of Digital Signatures are used for Company or LLP Incorporation, IT Return E-Filing, Obtaining DIN or DPIN, and filing other forms with the Ministry of Corporate Affairs and Income Tax Department. Class III type Digital Signatures are used mainly for E-Tendering and for participating in E-Auctions. Digital Signatures come in the form of a USB E-Token, wherein the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically.

With E-Return filing becoming mandatory for Income Tax Assesses with an income of over Rs.5 lakhs per annum, the requirement and prevalence of Digital Signatures has increased manifold. Probitas Consulting can help you obtain your Digital Signature hassle-free online. Probitas Consulting is a Registered Partner of SIFY and E-Mudhra.

Reasons to Obtain Digital Signature

Class II Digital Signature

Class II Digital Signatures are used for Income Tax E-Filing, Company or LLP Incorporation, Annual Return Filing, etc., Class II Digital Signatures are required to file documents electronically with the Ministry of Corporate Affairs and Income Tax Department.

E-Token

Digital Signature Certificate are stored on a secure USB flash drive called a E-Token . The Digital Signature Certificate stored in the USB flash drive must be connected to a computer to electronically sign a document.

Class III Digital Signature

Class III Digital Signatures provide the highest level of assurance and are used for E-Auctions and E-Tendering. Government entities like the Indian Railways, Banks, etc., require Class III Digital Signatures to participate in their E-Tenders.

Registering Authority

Probitas Consulting is a licensed Registering Authority of Sify and E-Mudhra. Therefore, Probitas Consulting can help you obtain Sify or E-Mudhra Digital Signatures hassle-free and quickly.

Validity

Digital Signatures usually come with a validity of one or two years. The validity of the Digital Signature can be renewed once the term of the previous Digital Signature expires.

How We Help with Digital Signature

Probitas Consulting can help obtain Digital Signature in India. Digital Signature can be provided the next day after application submission.

Application Submission

The Digital Signature Applicant must submit the Digital Signature Application along with the relevant documents in hard copy format through courier.

Digital Signature Approval

Once the Digital Signature application is received by Probitas Consulting, the application will be immediately process and Digital Signature will be issued next day.

Courier

Once the Digital Signature USB token is ready, Probitas Consulting can courier the USB token to your address or hold for pickup at one of our Offices.

A place of business within a State, Corporation or Municipality will require a trade license from the concerned State Government or Corporation or Municipality for operating. Rules and regulations pertaining to trade license varies from state to state. Hence, to obtain trade license, the applicant must first understand the jurisdiction under which he/she is operating the business and the applicable Act.

In most states, the application for grant or renewal of license will be made to a Commissioner in the Corporation. The application must be made within 30 days of starting to operate a business. On applying with the required information and documents, the concerned Officer will ensure that the business is suitable for the purpose used, there is no possibility of danger or nuisance for any person around and issue the license. Trade license would normally be issued within a period of 7-15 days on submission of application. Probitas Consulting can help you obtain trade license for your business. Get in touch with A Probitas Consulting Advisor to know more about the rules and regulations applicable for your business and begin the process of applying for a trade license.

Important Aspects Relating to Trade License

Gumasta License

Trade license is known by different names in different parts of the country. For instance, trade license is referred to as Gumasta license in the state of Maharashtra.

Application

Trade license application must be made to the concerned State Government or Corporation or Municipality. The jurisdiction and procedure for application would differ based on the State regulations.

Verification

In some State, the trade license would be issued only after in-person verification from the concerned authorities. However, many states have also done away with the requirement.

Processing Time

The normal processing time for trade application is 10 - 15 days subject to Government processing time. The certificate can be downloaded online after approval.

Validity

In most states, trade licenses are issued with a validity of 1 year. Trade license can be renewed at the end of each year by paying the renewal fee.

How We Help with Trade License

Probitas Consulting can help you obtain trade license 7 to 10 days, subject to government and client processing time.

Requirement Gathering

A Probitas Consulting expert will collect the information and documents required for applying for trade license from the concerned Government authority.

Application Submission

The trade license application will be submitted with the concerned department. A Probitas Consulting expert will follow up on the status of the application periodically.

Registration Certificate

On obtaining approval, trade license certificate will be forwarded through courier or in-person.