How do I become a GST Suvidha provider?

GSP License: Batch 1 – Eligibility Criteria

Invoice upload by taxpayers.
GST Return #1 and #2 preparation and filing.
Reconciliation of downloaded GSTR2 with Purchase Register.
Multiple GSTIN Ids mapped to a single user account.
Multiple roles mapped to single GSTIN.
E-sign / DSC integration for the signing of returns.

How many GST Suvidha providers are appointed?

List of GSPs in India. Till November 2019, there have been three rounds of licensing for GST Suvidha Provider. In the first round of allotment of the license, thirty-four companies were granted GSP license.12-Jan-2022

What are the benefits of GST Suvidha provider?

The GST Suvidha Provider (GSP) helps a GST taxpayer to comply with all the provisions of GST law through the web platform. A GSP comes up with means of an effective and innovative platform for taxpayers to access GST portal services starting from registration and invoicing to completion of GST return filing.29-Dec-2021

Who can become a GSP?

Who can Become a GSP?

Paid up or raised capital of minimum Rs.
Average turnover of minimum 5 Crores during last 3 financial years (2014-15, 2015-16, 2016-17)
For FY 2016-17, unaudited results, duly authenticated by the Company Secretary only, may be quoted, to be followed up by the audited and signed balance sheets.

Is GST Suvidha Center profitable?

Yes, gst suvidha center or gst suvidha kendra is the highest profitable franchise business, there have 15000+ gst suvidha center running, 300+ services providing and more than 1400000 customers in pan india, you can earn per month 20000 to 1 lakh or more.

What is the salary of GST practitioner?

GST Practitioner salary in India ranges between ₹ 0.3 Lakhs to ₹ 5.0 Lakhs with an average annual salary of ₹ 2.4 Lakhs. Salary estimates are based on 46 salaries received from GST Practitioners.

How do I apply for a GST provider?

For those service provider who must obtain GST registration, the process is very simple:

You need to access website GST.GOV.IN, click on login and you will be given a provisional ID and password for the purpose of enrollment in GST.
Click on “New user login” to start GST Registration.
Login using your ID and password.

How many Suvidha providers are there in India?

34 GST Suvidha Providers

Is GST Suvidha Kendra government approved?

Yes, GST Suvidha Kendra® is a genuine franchise business provider company, you can directly call them for verification. It is approved by GSPs.

What is Suvidha provider?

GSP or GST Suvidha Provider are special entities authorized by GSTN to develop a platform to enable the taxpayer to be GST compliant. APIs are the ones that enable all GST system functionalities such as Registration, Return filing, Payment of taxes, Invoice uploads. All GST return filings are managed by GSTN.

What is first return in GST?

Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration has been granted shall declare the same in the first return furnished by him after grant of registration.

What is ERP in GST?

ERP software systems manage every aspect of your business including accounting and payments. A GST-ready system ensures that all monetary transactions are done adhering to the latest tax regulations.

What is difference between ASP and GSP?

In ASP, organizations or businesses must have to share the detailed data of sales and purchase of Goods and Services to the ASP. After then ASP providers will prepare the GST Returns and file the returns through GSP (GST Suvidha Provider).11-Aug-2020

What is EWAY bill GSP?

Overview – Abhipra GSP Solution It helps users to return filing, creation of challan, payment of taxes, creation of invoices, reconciliation, uploading of invoices etc. and creation of e-Way Bill through Abhipra GSP Solutions. e-Way Bill solution enables clients to exchange data with NIC system via secured network.

What is ASP and GSP in GST regime?

They will connect with the GST filing system via secure GST System APIs. Developers of such applications have been given generic names: GST Suvidha Provider, or GSP, and Application Service Providers, or ASP.

What is the cost of GST Suvidha Kendra?

GST Suvidha Kendras, costing Rs 25,000 to set up, are intended to solve these issues. By launching a GST Suvidha Kendra, one can expect to make a monthly income of Rs 30,000 by providing in-demand services from anywhere.01-Jun-2022

How much can I earn from GST?

With GST Suvidha Kendra, you can earn 50,000 Rs to 100,000 Rs. GST Suvidha Kendra is the GST Facilitation centre appointed and approved by GSPs. Any Indian citizen can start GSK to serve the businesses of any size. GSK will work towards their GST compliance needs in a cost-effective manner.

How do I start a GST practice?

Given below are the steps that have to be followed to register for a GST Practitioner on the GST Portal.

Step 1: Log on the website.
Step 2: Click on the Register option.
Step 3: Registration Page appears.
Step 4: Select GST Practitioner.
Step 5: Select the State.
Step 6: Enter the Name.
Step 7: Enter the PAN.

How much can a CA charge to file monthly GST returns?

Depends on case to case & city basis fees of GST filing starts from Rs. 500 to Rs. 5000 on monthly basis.30-Oct-2019

Can GST practitioner do job?

GST Practitioners will be an exciting career for commerce graduates and finance professionals to start-off their career in the field of GST.06-Jun-2017

Is GST applicable for turnover below 20 lakhs?

In a move that will benefit persons in the unorganised sector, the GST Council on Wednesday decided to waive mandatory registration for small entities selling their products online. The exemption will be for those having an annual turnover of up to Rs 20 lakh and those not making any inter-state taxable supply.29-Jun-2022

How do I become a GST Suvidha provider?