Description
Established in the year 2016, Jr Corporate Cares in Nellithope, Pondicherry is a top player in the category ESI AND PF CONSULTANT, GST CONSULANT, BUSINESS DEVELOPEMENT CONSULTANT, Business startup consultant, Auditing Consultants in the Pondicherry Corporate or companies of all sizes in most every industry regularly turn to JR Corporate cares for help in managing and minimizing Income tax and GST tax risk and liabilities. Income Tax and GST tax laws are complex, and complying with all the rules and regulations can be exacting. You need experienced, perceptive professionals to arrive at the desired outcomes. One hallmark of JR corporate cares comprehensive Income tax and Gst Tax services is helping clients increase their use of technology to maximize efficiency and simplify Income tax, GST tax, Professional tax processes. At JR Corporate cares, you benefit from Income tax and GST tax professionals in a variety of advisory and compliance areas working together to drive the most effective Income tax and GST tax strategies for your business. In addition, corporate tax team members advise JR Corporate Cares assurance clients and are valued resources to other businesses that need an independent specialist firm to serve as an extension of the management team in income tax GST tax planning matters. Frequently, due to independence issues, large accounting firms and their clients look to JR Corporate cares for assistance with Income ta, GST tax provision preparation and special tax projects.
JR corporate cares-No.1 consultation for gst. if you want best consultation for your business needs JR corporate is the excellent consultant for your business development.
One hallmark of JR corporate cares comprehensive Income tax and Gst Tax services is helping clients increase their use of technology to maximize efficiency and simplify Income tax, GST tax, Professional tax processes. At JR Corporate cares, you benefit from Income tax and GST tax professionals in a variety of advisory and compliance areas working together to drive the most effective Income tax and GST tax strategies for your business.
In addition, corporate tax team members advise JR Corporate Cares assurance clients and are valued resources to other businesses that need an independent specialist firm to serve as an extension of the management team in income tax GST tax planning matters. Frequently, due to independence issues, large accounting firms and their clients look to JR Corporate cares for assistance with Income ta, GST tax provision preparation and special tax projects.
Service offered
1. Trademark
A trademark is a visual representation of a word, name, number, label, color combination, etc. that is used by a company to set itself apart from similar goods and services produced by other companies. The Controller General of Patents Designs and Trademark, Ministry of Commerce and Industry, Government of India, is responsible for listing trademark in the country. Under the Trademark Act of 1999, trademark are registered and confer upon their owner the right to pursue damages for trademark infringements. A company’s intellectual property, or registered trademark, serve to protect the investment the company has made in its name or emblem. If your trademark is exclusive to your goods and services, you must register it.
It is not possible to register proposed trademark that are exact replicas of already-registered trademark. Furthermore, trademarks that contain specifically protected emblems, are offensive, general, untrustworthy, or not unique cannot be registered.
The R symbol may be used following the completion of the trademark registration process, and the registration will then be valid for ten years. When a trademark is about to expire, it can be regularly renewed by submitting an application for trademark renewal, which will extend the registration process for an additional ten years.
“LegalRaasta” handles trademark registrations in Delhi NCR, Mumbai, Bengaluru, Chennai, and all other Indian cities. We provide high-quality trademark services, including patent registration, trademark search, renewal, and filing.
Benefits of Registering a Trademark: Outstanding Business Opportunity
When a good or service is sold under a registered trademark, consumers are more likely to associate it with safety, quality, and goodwill. It provides you with a distinct identity when connected to other vendors.
Legal Defense
If you are the owner of a registered trademark and you believe that someone else has copied your trademark, you have the legal right to sue them for copying your name, logo, brand, or slogan.
Obtain a Special Identity
Customers can only identify a single good or service by its brand name. Having a trademark registered ensures that rivals won’t use it, keeping it a proprietary resource for the business.
International Trademark Filling
It is legal to register and file a trademark in India and then in other countries (including outside India). Additionally, foreigners are able to register and file a trademark in India.
Development of an Intangible Asset
Should your brand become well-known and prosperous, the trademark could prove to be a significant asset. A trademark that has been registered becomes an intangible asset that can be sold, bought, leased, or distributed for a profit. Both the business and the individual owner profit from this. An organization’s trademark is one of its intellectual properties.
Infringement Defense
By registering a trademark, you can ensure that no other business or individual will use the protected product in an unethical manner. However, in the event that a third party uses a trademark without the owner’s consent, the owner may file a lawsuit against the individual or business responsible for the false use of the trademark or seek legal protection for the infringement.
Monopolistic Rights
The exclusive rights to a trademark can be granted to the owner who has registered it. The owner may register the same trademark for all goods that belong to the same classes. Possessing exclusive rights to the goods or services enables the owner to prevent any unauthorized use of the trademarked item.
Utilizing the authorized symbol
After filing for a trademark, the business is permitted to use the registered symbol (®). The trademark is already registered and cannot be applied for by another person or business, as shown by the logo. If someone uses a trademark illegally, the owner of the trademark may choose to sue the other party.
Trademark Disagreement
When a trademark is registered and its status is displayed as “Objected,” it means that the authority has received one or more objections to the trademark. These objections may be based on the trademark being offensive, confusingly similar to already registered trademark, or any number of other reasons. The objection is brought up in accordance with Sections 9 and 11. If the authority finds the trademark to be descriptive of goods, objections are raised in Section 9. In order to refute this objection, you must provide appropriate proof and demonstrate the uniqueness of your trademark.
When the authority in Section 11 notices the same trademark, it indicates that the trademark already exists for comparable goods, services, or products. After the objection has been raised, the candidate must ensure that, in the allotted time, the relevant documents are provided; doing so will enable you to overcome the objection.
The legality of a trademark registration
The candidate can start using the TM symbol on goods or services after registering their trademark application online or at the Trademark office. If their trademark is accepted, they must also include the ® symbol over their trademark. After the date of registration, all trademark are registered for a period of ten years.
When a trademark expires, it can be renewed by simply paying the government registration fee via “Form TM-12” within six months of the trademark expiration date.
After six months and within a year of the last trademark registration expiring, an expired trademark may be renewed using Form TM-13 (Restoration & Renewal).
2. GST Consultant
Companies that are GST registered are required to file their returns on a monthly, quarterly, or annual basis, depending on their type of business. Details about the sales or purchases of the goods and services, as well as the tax that is gathered and paid, must be included in this section. The implementation of a comprehensive income tax system, such as the Goods and Services Tax (GST) in India, has guaranteed the range and perfect alignment of taxpayer services, including registration, returns, and compliance.
When filing GST returns, an individual taxpayer must submit four forms: the supply return, the purchase return, the monthly return, and the annual return.
In India, it is mandatory for all entities with a valid GST registration to file returns, regardless of their business activity, sales volume, or profitability during the reporting period. As a result, even a business that is dormant but still has a valid GST registration needs to submit its returns.
A GST return is a document that a taxpayer must file with the tax administration authorities detailing all of their income and expenses.
Qualification Standards
For whom are the GST returns due?
In India, you must file your GST return by doing the following:
It is mandatory for an individual with a valid GSTIN to file the GST returns.
Additionally, it is mandatory for an individual whose yearly revenue exceeds Rs. 20 lakh to obtain a GST registration and file GST returns.
The yearly turnover cap in the case of Special states is Rs. 10 lakh.
Process of Filing a GST Return
How are the GST returns filed?
One of India’s top platforms for business services, India Filings provides end-to-end GST services. Thousands of business owners have benefited from our assistance in registering for GST and filing their returns.
A dedicated GST advisor is assigned to the business when the filing of GST returns is outsourced to India Filings.
Each month, this committed advisor will get in touch with you to gather the required data, prepare the GST returns, and assist with filing the GST returns.
Why File GST Returns with India Filings?
Depending on the availability of the government portal and the client’s submission of documentation, filing a GST return can take one to three working days.
Documents required for GST Registration:
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Registered mobile number
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E-mail id
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PAN and Aadhar number
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Photograph and address proof of the owner or proprietor of the business
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Proof of business registration
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Bank statement showing account details and last few transactions
GST Components
SGST
State governments impose SGST on intrastate transactions, including those involving prior taxes. State governments receive revenue, and in union territories, UGST takes the place of SGST.
CGST
In addition to SGST or UGST, the Central government imposes CGST on intrastate sales of goods and services. The state and the center split the collected revenue equally.
IGST
Imports and exports of goods and services between states are subject to the Goods and Services Tax (IGST). The federal and state governments split the generated tax revenue.
Impact Analysis of GST
A GST registration consultant examines how the following factors influence how GST affects business operations:
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Modifications to the tax structure and rates
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Influence on procurement and supply chain management
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Mechanism for valuation that includes discounts, free stock transfers, and samples.
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The input tax credit flow
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Effect of GST on working capital, general operations, and supply chain.
Return Submission in Line with the Composition Plan
All individuals who have registered under the composition scheme must use CMP-08 to pay taxes on a quarterly basis and fill out GSTR 4 once a year via a GST Facilitation Center or the GST Common Portal. The 18th of the month following a quarter is when those enrolled in the composition scheme must submit their GST returns. Therefore, April 18, July 18, October 18, and January 18 would be the due dates for the GST return for the composition scheme.
The information that a supplier under the Composition Scheme must include in their GST return is:
Invoice-by-invoice supplies received from both registered and unregistered individuals within and between states
Combined information about the external supplies made
If a registered person chooses to pay tax under the composition scheme from the start of a fiscal year, the taxpayer is required to file monthly GST returns on the tenth, fifteenth, and twentyth of each month. The taxpayer must continue filing monthly returns until the date on which the annual return of the previous fiscal year, or the return for September of the following fiscal year, is due, whichever comes first. Therefore, even if a taxable person under the GST chose to enroll in a composition scheme starting in April, they still need to file monthly GST returns through September.
Advantages of submitting your GST returns with India Filings
Committed GST Counselor
A relationship manager with knowledge of the industry in which you work will assist you with the GST registration and filing process. They will guarantee that your filing is completed on time and assist with specific tasks like uploading invoices.
Note to submit GST returns
Our system makes sure you receive timely notifications well in advance of the cutoff point, after which there will be penalties. To ensure that no deadlines are missed, your GST advisor will also periodically remind you of this.
GST Status reports every month
The GST advisors will provide their clients with monthly reports that include information on the status of filing GST returns, including GSTR-3B, and the next steps.
GST statements from LEDGERS
The GST software, LEDGERS, prepares GST returns to ensure that they are error-free and filed on time and without difficulty.
Filing of GSTR-1 and GSTR-3B
Every business is required to file the GSTR-1 quarterly return. The GSTR-1 due dates are set by turnover. Businesses may submit their quarterly returns if their sales reach Rs. 1.5 crore.
Tax Credit Input Reconciliation
Companies will be able to take advantage of the government-provided input tax reconciliation mechanism in order to attain neutrality in the tax incidence and guarantee that input taxes do not factor into the cost of production or the cost of supplying goods and services.
Conventional bookkeeping and digital records
Accountants will keep track of all of your invoices and financial transactions in LEDGERS to ensure a smooth and economical filing process for all of your returns, including GST, TDS, and ITR.
Sanctions
What are the interest rates, late fees, and penalties?
In the event that any violations occur, a GST penalty must be paid.
Late Submission
A fine known as a late fee may be assessed for incomplete or delayed GST return filing. Additionally, as per the Goods and Service Tax, a penalty of Rs. 100 under the CGST and Rs. 100 under the SGST may be incurred, totaling Rs. 200 per day.
An annual interest payment of 18% is required in addition to the late fee. On the tax that must be paid, it is computed.
Non-adherence
Subsequent returns cannot be filed if the taxpayer is not filing the GST returns. Therefore, it is preferable to file the GST returns on time to avoid significant fines and penalties as this will have a cascading effect.
For 21 infractions without a purpose to commit tax evasion or fraud
A penalty of 10% of the total tax due, up to a minimum of Rs.10, 000, must be paid by an offender who either fails to pay taxes or pays them in insufficient amounts.
For 21 crimes involving the purpose of tax evasion or fraud
A tax evasion or short deduction penalty may be imposed on an offender.
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