Frequently Asked Questions

For each application for the issuing of the authorization, an electronic registration cost of INR 1,000 must be paid using the online system.

The valdity of the SCOMETRegistration is 24 months, after which it is to be renewed. 

GST means Goods and Services Tax. It is a unique identification number allotted to a business entity for paying the applicable taxes on the goods sold and services delivered by it or goods bought and services hired by this entity. 

To apply online for GST certificate, please visit the official website, you are required to fill in your details, including PAN card number and Bank details. You are also asked to upload your documents such as UID number, address proof etc. After the verification of these documents, a unique GST number is issued and the GST certificate is emailed to the applicant.

You are required to visit the official Government website, you will get the option of new GST application, modify earlier application or cancel the GST certificate issued earlier.

There is no Government fee for GST Registration and the applicant does not need to spend any money for GST registration, though any private individual/entity hired for GST Registration Certificate may charge a nominal amount.

After the complete application is filed, it may take 20-30 days for the issuance of GST certificate. 

GST return is a statement that includes all the details of your purchase, sales, tax paid on purchase (input tax), and collected on sales (output tax). A GST certificate holder is required to file a GST return/filling to pay the resulting tax liability.

To file GST returns of a business, the applicant is required to visit the official Government website for GST Returns fillings. After the submission of unique login id and password, the applicant can upload the details of all the bills issued by the business entity or received by the business entity. 

There is no Government fee for GST return filling except the tax amount to be paid to the Government for the goods and services sold or purchased by the business entity. 

If a business has been issued a GST certificate but the business entity as not yet sold any goods or services and also not bought any goods or services, the GST certificate holder is required to file zero returns, as there is no tax liability for the said business.

Book keeping is the process of recording financial transactions of a business enterprise in a structured manner. The book keepers record each and every financial transaction, whether incoming or outgoing, of cash resources of a company. The book keeping also assists the accounting process of a business entity?

Accounting for businesses means the analysis of the book keeping processes and provide the business owner with the exact financial scenario of his/her business process. Accounting tells the business owner about how much, when and where of the financial transactions of the company by presenting the expenses and revenues on a daily, monthly, quarterly and annual basis. This helps the business owner in making key decisions about the future expenses, revenues, investments, taxes and other financial aspects of a business.

A businessman may be a complete expert in a particular domain of knowledge. He may have that knowledge and experience to setup a successful business enterprise. But he/she may not have a keen interest in the accounting and book keeping of the business. He/she may not have the required exposure to the methods and mechanisms by which accounting information could be employed for a good decision-making process. The role of the specialist accounting and book-keeping agency begins at this stage. The agency is required to record and present the financial information of the business entity to the business owner in such a way that the business owner could derive value out of this exercise. 

The accounting and book-keeping companies set up a process wherein each and every financial transaction of the client company is recorded and maintained for future use. All the bills and invoices issued by the client company and bills and invoices issued to the client company are recorded at multiple times and collated at a later stage for any discrepancy. Another set of processes are developed to reconcile the books on a daily, weekly, monthly basis and the reconciliations are performed in an efficient and effective manner.   

• As per E-waste Management Rules, 2016, every manufacturer, importer, recycler, bulk consumer involved in manufacturing & sale, or Import & sales and recycling of e-waste or electrical and electronic equipment listed in Schedule I of E-waste Management Rules, 2016, including their components, consumables, parts and spares which make the product operational, must follow the standards and guidelines prescribed by Central Pollution Control Board (CPCB).
• To get the Electronics EPR Registration, the applicant is required to register himself on the CPCB Electronics EPR Portal. Along with the Company KYC & other documents, the applicant is required to submit the sale/purchase/import data for his firm/company, for the previous N no. of years, the number of years depending on the type of electrical & electronic equipments.  

•    Maintain Form-2 records of all e-waste generated, handled and disposed of and make them available for inspection by the State Pollution Control Board (SPCB) or by the Central Pollution Control Board (CPCB).
•    On or before the 30th day of June following the financial year to which the return relates, file annual returns in Form-3 with the concerned State Pollution Control Board (SPCB) or to the Central Pollution Control Board (CPCB).

•    Maintain a Form-2 / online record of e-waste collected, dismantled, recycled or sent to an approved recycler and make that record accessible for inspection by the State Pollution Control Board (SPCB) or by the Central Pollution Control Board (CPCB)
•    On or before the 30th day of June following the financial year to which the return applies, file annual returns in Form-3 / online submission with the appropriate State Pollution Control Board (SPCB) / by the Central Pollution Control Board (CPCB).
•    The recycler may accept for recycling waste electrical and electronic equipment or components that are not listed in Schedule I, provided that they do not contain any radioactive material and that this information is submitted when obtaining authorization from the appropriate State Pollution Control Board (SPCB) & by the Central Pollution Control Board (CPCB).