MSME/Udyam Registration
Starting From INR 999/-
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MSME/Udyam Registration Price(999)
Micro, small and medium-sized enterprises in both the manufacturing and service sectors can obtain MSME Registration under the MSMED Act. Although MSME registration is not statutory, it is beneficial for business, it provides benefits such as low rates of interest, eligibility for excise duty exemption schemes, tax subsidy, electricity duty subsidy, capital investment subsidy and other support. Taxujala can help your business get MSME registration to get a host of benefits
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GST Registration FAQs
Yes, you are required to obtain GST registration once your turnover exceeds the specified threshold limits.
If a business operates from more than one state, the taxpayer should obtain a separate GST registration for each state. For instance, If an automobile company sells in Karnataka and Tamil Nadu, he has to apply for separate GST registration in Karnataka and Tamilnadu respectively.
Small taxpayers who wish to have lesser compliances to deal with and lower rates of taxes under GST, can opt for the Composition scheme,
A trader whose aggregate turnover is below Rs 1.5 crore can opt for the Composition scheme. In the case of North-Eastern states and Himachal Pradesh, the present limit is Rs.75 lakh. Click here to know all about the Composition scheme.
Also, the government extended the Composition scheme to service providers having an aggregate turnover of up to Rs.50 lakhs. Click here to go through the Composition scheme for service providers.
