Skip to main content

Retail Company Registration in Tiruppur - Filingpoint

Welcome to Filingpoint Best consultant for Retail Company Registration Expert +91 72999 72500 Filingpoint   Retail Company Registration in Tiruppur is one of the best options for aspiring entrepreneurs looking to start a business in India. A retail business offers an array of profitable opportunities, including the potential to sell a wide variety of goods and services to a broad customer base. It's important to understand the legal requirements and business structure needed for a retail venture before getting started. The process of registering a business in Tirupur is typically completed within 14 working days, subject to the quick submission of all necessary paperwork and approval from regulatory officials. Once complete, the Registrar of Companies will issue the Certificate of Incorporation , showing the official creation of your business and giving it a unique company identity number. Incorporating a business in Tirupur can be an overwhelming process ...
Post a Comment

10 Common Mistakes to Avoid While Filing GST Returns in India


10 Common Mistakes to Avoid While Filing GST Returns in India

"Call Our Business Plan Experts at +91-72999-72500"

Whether you're an established business or a start-up, there's no doubt that filing returns under GST is a complex and time-consuming process. Moreover, it's easy to make mistakes while filing GST returns online that can be costly for your business.

It's important to take extra care when filing GST returns, especially since there are no provisions for amending them. Incorrect GST returns can lead to penalties and interest that may significantly impact your bottom line. Hence, it's crucial to understand the common GST return filing issues and mistakes so that you can file your returns correctly every month.

One of the most common mistakes is declaring input tax credit that you're not eligible to claim. This can be a costly mistake as it can result in a loss of liquidity and short-term working capital. You must thoroughly check and verify your auto-populated GSTR-2A and GSTR-3B and purchase books to ensure that you're only claiming the amount of ITC that you're eligible for.

Another common mistake is paying the wrong GST rate. This can be a big problem if you're selling goods or services that fall under more than one GST rate. For example, if you're selling an item that's subject to both CGST and SGST, then you need to ensure that you're charging the right GST rate. You can do this by checking your GSTR-3B and invoice-level details to see which GST rate you're using.

 

Tel:+917299972500

info@filingpoint.com

Comments

Post a Comment

Popular posts from this blog

GST registration process step by step for Individual

Welcome to FilingPoint Blog +91 7299972500 for clarify GST doubts online in Chennai What is the GST registration process step by step for Individuals? When you want to register for GST, you will need to complete the 'Register Online' procedure. There are several steps involved in this process. you will learn about the process in step-by-step detail. The next step is to fill out your part-B details. The details you provide in this section are used to identify your business and assess its tax liability .   This process will take around seven days. During the verification process, the tax authorities raise queries . You should contact them within three common working days and get the answers to your queries. In the meantime, you can submit additional documents or clarifications to the tax authority. In the meantime, you can use the GST Portal to submit your documents and response to the tax officer's query   If you are an individual, you...
Post a Comment
Read more

Retail Company Registration in Tiruppur - Filingpoint

Welcome to Filingpoint Best consultant for Retail Company Registration Expert +91 72999 72500 Filingpoint   Retail Company Registration in Tiruppur is one of the best options for aspiring entrepreneurs looking to start a business in India. A retail business offers an array of profitable opportunities, including the potential to sell a wide variety of goods and services to a broad customer base. It's important to understand the legal requirements and business structure needed for a retail venture before getting started. The process of registering a business in Tirupur is typically completed within 14 working days, subject to the quick submission of all necessary paperwork and approval from regulatory officials. Once complete, the Registrar of Companies will issue the Certificate of Incorporation , showing the official creation of your business and giving it a unique company identity number. Incorporating a business in Tirupur can be an overwhelming process ...
Post a Comment
Read more

Private Limited Company Registration in Vadapalani

Welcome to Filingpoint PVT Company Registration Expert +91 72999 72500 Private limited company registration is a distinct legal entity with perpetual succession and limited liability. It allows you to conduct business as well as provide an avenue for shareholders to raise funds by issuing shares. It also provides credibility and the potential to grow. Moreover, it facilitates easy bank loans and better perception in the eyes of customers, suppliers, and investors. It also reaffirms your legitimacy and attracts talent.The Filingpoint team Should be Help You. The company registration  process can vary depending on the type of business and jurisdiction . For example, some registrations may be completed in a matter of days while others can take weeks or even months . As such, it is important to consult with a professional service provider to determine the exact timeline for your specific requirements. Incorporating a new company as a private limited firm is a...
Post a Comment
Read more