Valuation In GST

Value of taxable supply
The value of goods and services supplied should be identified to ascertain the tax payable as per GST law. The value of taxable supply of goods and services shall ordinarily be the transaction value which is actually the price paid or payable,When the parties are not related and price is the solo consideration.

Transaction Value
Transaction value refers to the price actually paid or payable for the supply of goods and services. Normally some conditions are applied which are.....

• The supplier and the recipient are not related
• Price is the sole consideration for the supply

Valuation Rules

Contract price is more specifically referred to as transaction value and that is the basis for computing tax.However, when the price is influence by some factors like relationship of parties or certain transactions are deemed to be supply,which do not have a price,it is required to overcome these factors to determine the transaction value correctly.

When is valuation applicable?

Valuation rates are applicable when

(i)  Consideration not in money terms 

(ii) Transaction Value declared is not reliable

(iii) Parties are related 

(iv) supply by any specified category of supplier mentioned in the GST Law

For More Details, Visit our website: https://www.gstcentre.in/

GST FRANCHISEE

GST CENTRE  is calling for GST Franchisee to begin your Business Career . We provides extensive  training and giving Professional advice to support your Business. Our mission is to expand the GST Education all over India through each Franchisee. Any person who is Sincere, Dedicated and willing to start business can join with us.

If you are becoming a GST Franchisee,

• Right to use "GST CENTRE" Brand.
• Certification from "The Association of GST Professionals,India".
• Right to Train and Certify "Diploma in Goods & Service Tax".
• Can conduct On-Campus Programmes.

  Training Centre

You can conduct Regular Batches, Evening Batches and Weekend Batches. There are many Courses available at the Training Centre. Exam can be conducted at Training Centre.

On-Site Training

Centres can also Conduct Customized Training Programs  in Educational Institutions and Corporates. Prior-Approval from the Company required for conducting On-Site Training Programs.

 To learn more Click here..

GST Franchisee

Being a Franchisee of an established business group will be an important step towards the success of your business. The best Franchise opportunities are offered by GST Centre and an ideal Franchisee can experience the best advantages from us. We are providing all the advanced facilities for our Franchisees. 

GST Centre has the mission to provide Quality Education. A Quality Education is one that provides all learners with capabilities they require to become economically productive, develop sustainable livelihoods, contribute to peaceful and  democratic societies and enhance individual well-being. 

As an Educational Entrepreneur, you can play a great role in developing the generation next with better education. It should make their lives better. And it should be benefitting to them, their families, society and nation. The business should also ensure your personal growth. 

GST Centre presents an opportunity for Franchisee, specially made for Educational Entrepreneurs like you to join the GST Centre Brand. 

• Franchisee can use GST Centre Brand name for their Training Centre. 
• Allowed to coordinate Diploma in Goods and Services Tax Course.
• Faculty Support with high-class support provided to Franchisees including Trainers and Student Manual, Forum, Webinar, E-Learning etc.
• Training of the faculty by Chartered Accountants and Experts.
• Providing Opportunities for Corporate / On Campus Programmes.
• Various Certification Exams of National and International Bodies. 

For more details, visit : http://gstcentre.in/join-with-us.php

GST Franchisee

GST Centre provides a flexible platform for Franchisee registration which is simple and affordable. In our Franchisee model, an investor gets associated as a franchisee where he / she can conduct Training and grow with the help of GST Centre brand.

Franchisee Advantage 

• The Training Centre of the Franchisee can use GST CENTRE Brand name.
• Allowed to conduct training for 'Diploma in Goods and Services Tax' Course.
• Provides Support through Trainer's Manual and Students Manual, Forum, Webinar, E-Learning etc.
• Offers Training by Chartered Accountants and Experts.
• Provides opportunity for Corporate / On Campus Programs.
•  Latest Courses can be conducted in Training Centre of Franchisee.
• Various National and International Certification Exams

Learn more from : http://gstcentre.in/franchisees.php

                                     

GST Franchisee

Goods and Services Tax (GST) is a proposed system of indirect taxation in India merging most of the existing taxes into single system of taxation. GST Centre offers Training on GST Courses and also invites Franchisees all over India. You can start a Franchisee with us at a low deposit amount. 

Becoming a GST Centre, you can give Convenient, Continuous and Comprehensive Training to students. In the GST Regime there  will be a high requirement for training across India and you are getting an opportunity to be a part of this revolution. You can find students from any parts of your area. GST Courses are suitable to Students, Employees, Businessmen, Consultants and any person who wish to learn about GST. List of Courses includes Courses other than GST like Accounting, Computer, Accounting / Software / ERP etc. In future we are bringing Professional and other Courses also. 

NO Deposit NO Costs

• We collect No Deposit from our Franchisees.
• They will have to give 15% of the Course Fees as the royalty to the company.
• Franchisees have to pay Rs. 10000/- for Account Opening which will be used by the Company towards Royalty, Books and Certificates.
• Site Audit, Inspection etc. are free of any expense. 
• First Two staff at the Franchisee will be trained at no additional cost except travelling / lodging expenses incurred for direct training. 
• We insists No Compulsory interior or renovation of the existing Training Centres except the posters / other promotional materials required in the Franchisee Centre.
• For developing the Faculties, both Direct Training and Online Training are provided. 

 

GST Registered Company

GST Registration Process

• Verify the prelim Details : Submission of E mail, mobile number and PAN. Creating the login account.

• Submit Application Form : After verifying the basic details, fill the registration form and upload the required documents. 

• The required documents to be uploaded are : 

               Photograph
               Constitution of Taxpayer
               Proof of principle place of business
               Bank Account Details

• Verification of the provided informations : The application and the attached documents are being verified  and GST Registration will be granted within three working days if all the necessary details are given. Otherwise, the applicant need to respond within 7 working days through FORM GST REG-04 and provide all the necessary informations. 

• Registration Certificate : Issue the registration certificate after the completion of all required processes. 

Except exempted categories, every supplier shall be liable to be registered under GST Act in the State from where he makes a taxable supply of goods and / or services if his aggregate turnover in a financial year exceeds the certain amount fixed time to time by the authorities. 

Who has to obtain GST Registration in India?

As per GST Law, any supplier who carries on any business at any place in India and whose aggregate turnover is greater than the threshold limit as recommended in a year is responsible to get himself registered. 

Existing VAT Registration holders and Central Excise Registration holders need not register for GST again. However, a new GST Registration number is allotted to existing registered firms. 

For more details, please visit : http://gstcentre.in/franchisees.php

GST Registered Company

GST is the new tax system going ot be implemented in India. As the future tax system of India completely depends on GST, it is essential to get Registered under GST. 

GST Centre helps to learn more. 

Who need to Register under GST ?

• One who supply goods and services more than 25 Lakh, For North-East States, Rs 10 Lakh.

• One who purchase or sell goods or receiving or providing services outside the state irrespective of the above limit.

• One who is a non-resident taxable person irrespective of the above limit. 

• Input Service Distributor.

• One who is required to deduct TDS under GST.

What is the Registration Procedure?

• Applicant is to be submit the PAN, Mobile number and email address.

• The submitted informations are verified and an Application Reference Number is given to the applicant. 

• Applicant needs to submit the filled form GST REG-01 with the Application Reference Number and Required documents.

• Form GST REG-03 will be issued if any additional informations are required. If received Form GST-REG 03, applicant must respond with Form GST-REG 04 within 7 days. 

• Registration certificate will be issued if all the required details are provided.

What are the Required Documents?

• Pan Card of the Company

• Proof of Constitution

• Details and Proof of Business

• Cancelled cheque of bank account showing name of account holder, MICR code, IFSC code and bank branch details

• Authorised signatory

For more details, visit : http://gstcentre.in/franchisees.php
Click here to contact us.

GST Centre Franchisee

GST Centre provides a flexible platform for Franchisee registration which is simple and affordable. In our Franchisee model, an investor gets associated as a franchisee where he / she can conduct Training and grow with the help of GST Centre brand.

• The Franchisee must have the knowledge of the locality. 
• Franchisees can admit Students as per the Facilities and Faculties available.  
• Full support in Training the Faculty, Marketing and Development of Business will be provided by the company. 

No Deposit No Costs

• We collect no deposit from our Franchisee.
• They will have to give 15% of the Course fees as royalty to company. 
• Franchisees have to pay Rs. 10000/- for Account Opening which will be used by the company towards Royalty, Books and Certificates.
• No Expenses for Site Audit, Inspection etc. and start with Self Declaration.
• We insist NO Compulsory interior or renovation of the existing Training Centres except the Posters / Other promotional Materials required in the Franchisee Centre.
• Offers Direct training as well as Online Training. 

Franchisee Advantage

• GST CENTRE Brand name can be used for Training Centre. 
• Courses named Diploma in Goods and Services Tax can be Conducted.
• Conduct Hybrid / Blended Learning System.
• Faculty Support with high-class support provided to Franchisees.
• Training of the faculty by Chartered Accountant and Experts. 
• Providing opportunities for Corporate / On-Campus Programmes.
• Latest Courses in Accounting, Tax, Finance, Accounting Software / ERP & Management can be brought into your training centre.
• Various Certification Exams of National & International Bodies.
• Marketing Support from Company with lead Generation.
• Additional Monetary / Non - monetary Awards.

For more details, please visit : http://gstcentre.in/franchisees.php

GST Centre Franchisee

GST Centre is the best place where you can learn Goods and Services Tax. It is promoted by CAS. GST Centre invites Franchisees all over India at low deposit and low cost. We provide a simple, flexible and affordable Franchisee system. 

GST Centre Franchisee

• We collect no deposit from our Franchisee
• They will have to give 15% of the course fees as the royalty to the company.
• Franchisee have to pay Rs 10,000/- for account opening which will be used by the company towards Royalty, Books and Certificate.
• No expenses for site audit, inspection etc. and start with Self Declaration. 
• First two staff at the Franchisee will be trained at no additional cost except travelling / lodging expenses incurred for direct training. 
• We insist no compulsory interior or renovation of the existing Training Centres except the posters / other promotional materials required in the Franchisee Centre. 
• Direct Training and Online Training is provided for developing the faculties. 

Reliable and Trustful Partnership 

• Strong will and determination to help shape the future of many young and aspiring individuals. 
• Passion to educate, motivate and guide students.
• Commitment to quality education and quality services.
• Ambition to build a large profitable business.
• Fair, ethical with business acumen and Secrecy of operations.
• Integrity and loyalty with inculcated business ethics and discipline. 
• Financial ability to invest in infrastructure, people and marketing.
• Good managerial and administrative skills; preferably 2-3 years in service sector. 
• Willing to keep moving in the assigned areas.
• Must be willing to provide Training in his Centre as per policies and instructions of GST Centre.
• Adequate knowledge of computers with understanding of education business. 

Franchisee Advantage

• You can use GST Centre brand name for your Training Centre.
• You can conduct courses named 'Diploma in Goods and Services Tax'.
• Conduct Hybrid / Blended Learning System for Students.
• Faculty Support with high-class support provided to Franchisee including Trainers and Student Manual, Forum, Webinar, E-Learning etc.
• Training of the faculty by Chartered Accountants and Experts.
• Providing opportunities for Corporate / On-Campus programmes.
• Latest Courses in Accounting, Tax, Finance, Accounting software / ERP & Management can be brought into your Training Centre.
• Various Certification Exams of National & International Bodies.
• Marketing Support from Company with Lead generation. 
• Additional Monetary / Non-monetary Awards.

Eligibility for Franchisee 

The GST Centre Franchisee is applicable for any Educational Entrepreneur preferably with at least two years' experience in the education industry. They should forward an expression of interest through Enquiry Form in the website or directly submitting the details through E-mail info@gstcentre.in

Conditions:-

1. The area of operation is a particular Indian City / Town / Village.

2. He should be the resident of the assigned district / territory or should have a business place in the specified area.

3. He should have a Training Centre in the allotted district / territory. The Training Centre should have Infrastructure required for the Franchisee.

The following Infrastructure Facilities are required:-

• The Centre should be at good reachable location.
• Well-furnished set up, Drinking Water, First Aid Kit, Wash rooms.
• MInimum 300-500 sq.Ft area required.
• Front Office for counselling students.
• Minimum one classroom (15-20 students seating) with writing board.
• Projector & Display Screen (optional)
• One Computer, Printer, Speaker.
• Scanner

Facilities required for  conducting Computer / Accounting Courses:-

• Computer Lab (Minimum 5 computer of latest configuration and Internet connectivity). Air-conditioned Labs will be good.
• UPS / Power Back up System.  

Team required at Franchisee

 An energetic and enthusiastic team is required at the Franchisee Centre. They should be self-motivated and should have passion to reach to potential students, understand their requirements, motivating them to join GST Centre, deliver quality training, conduct exam and certification and providing them placement assistance.

The following personnel are required in a Franchisee Centre.

a.   Training Centre Manager.

b.   Trainers / Faculties.

c.   Marketing & Placement Staff.

d.   Counseling Staff.

GST Franchisee

GST Centre invites Franchisees all over India at low deposit and low cost. 
GST means Goods and Services Tax which is the new tax system in India which integrates all the taxes of Goods into a single tax. GST in India is implementing from April 2017. 
We are providing an efficient and flexible Franchisee system. We will refund the deposit amount paid at the time of registration as a Franchisee, while others may charge additional cost. 

 

Ideal Franchisee Profile

• Prospective, promising, aspiring and potential entrepreneurs looking for future in education sector.
• Sincere, dedicated, serious minded person towards business.
• Entrepreneurs looking for business opportunity in education industry.
• Person with sound managerial skills.
• Be committed to the GST Centre standards.

Normally a GST Centre is approved for an existing Training Cente having Faculty, Infrastructure and other facilities. Persons who have at least two years of experience in running a Training institute will be preferred.

Opportunity

• Training at designated training centre.
• Conducting training for corporates either at Training Centre or at the client site.
• Conducting Training for Educational Institutions either at training centre or at the education institution. 
• Acting as a test centre for company for various exams conducted by the Government and private organizations.

Eligibility

• New Training Centres / existing Training Centres can apply.
• Good Reachable location.
• Training Centres have well furnished set-up, Drinking water, First-Aid Kit & Fire Fighting arrangement, Wash rooms.
• Minimum 500 Sq. Ft. area required. 
• Front office for counseling students. 
• Minimum one class room ( 15-20 students seating ) with Writing Board.
• Computer Lab. ( Minimum 5 computers of latest configuration & Internet Connectivity ).
• Projector and Display Screen
• Printer, Speaker etc.
• UPS / Power Back up System.

                            

 

                             

For more details, please visit our website: http://gstcentre.in/franchisees.php
Click here to contact us

GST Enrollment

By the implementation of GST in India , the existing tax payers will have to enroll under GST. It is important to understand GST as the conversion to the new tax system has started. Depending on the registration type and constitution of your business, GST enrollment process may show some difference. 

All the entities carrying registered under any of the Acts such as Central excise, Service tax, VAT, Entry tax, Luxury tax, Entertainment tax would require GST Enrollment. 

The following details are required for the GST Enrollment process:

• Provisional ID received from state or central authorities.

• Password received from state or central commercial tax authorities.

• Valid E-mail address and valid mobile number.

• Bank account number.

• IFSC Documents.

• Proof of business.

• Photograph of promoters or partners.

• Proof of appointment and photograph of the authorized signatories.

• Opening page of the bank pass book.

After the completion of online enrollment a unique number called Application Reference Number (ARN) will be provided to the applicant for further references.

The status of provisional ID will change to "Active" on the approved date and a provisional registration Certificate will be issued.

GST Registration process

1.    Determine the type of registration.

2.    Completion of e-Learning process - which is required for voluntary registration only.

3.     Submission of GST Registration Application.

4.     Application of GST Registration is processed.

5.     Receive notification.

For more details about GST Enrollment, click here

Visit our website: www.gstcentre.in , Learn more about GST

Click here to contact us

GST Franchisee

GST Centre provide a very simple, flexible and affordable Franchisee System. According to the normal Franchisee System in India, the Deposits paid at the time of joining as Franchisee is not refundable and even cost is incurred by Franchisee for Site Audit, Inspection, Renovation Expenses, Compulsory Marketing / Promotion Expenses, Training etc. But with GST Centre you can start the Franchisee at low costs. New or Existing Training Centre's can become the Franchisee.

Refundable Deposit

• Deposit Amount to Five Star Franchisee is refunded after deducting the Share of Deposits paid to the Master Franchisee. It will be refunded after the Agreement Period of two years or termination whichever is later.
• Deposit Amount to Master Franchisee is refunded after the Agreement Period of two years or termination whichever is later. Share of Deposits received from the Five Star Franchisee and paid by the company to the Master Franchisee will be deducted.

Other Advantage

• No expenses for Site Audit, Inspection etc. and start with Self Declaration.
• First Two Staff at the Franchisee will be trained at no additional cost except travelling / lodging expenses incurred for direct training.
• We insist NO compulsory interior or renovation of the existing Training Centre's except the Posters / Other Promotional Materials required in the Franchisee Centre.
• Does not affect the existing training business as there is no barrier on continuing existing courses along with GST Centre courses.
• Direct Training is conducted along with Faculty Development Training Program through LMS, Webinars and Forum.

Levels of Franchisee System

GST Centre Franchisee System works in Three levels i.e.

a. Master Franchisee

b. Franchisee

1.  Five Star
2.  Two Star

Franchisee Agreement Period

The Agreement Period is 2 Years from the date of payment of Deposit.

For more details you can visit our website:  www.gstcentre.in

GST in India

As the central government has passed the GST bill  (goods and services tax) in both rajyasabha and loksabha ; India is to be in a part of greater change , i.e. GST India.GST is an evolution that comes at exact time in the peripheral domain for India. It is a tax that is to be paid on supply of goods and services.

How will GST aid ? 

Goods and services tax (GST), is an tax reform which focuses to seperate tax hurdles between states and creates a solo market. To make GST India happen the constituition first needs to modify different layers of government's entire powers to levy taxes. The GST will be divided in to two;

• central goods and services tax (CGST)
• state goods and services tax(sgst)

Benefits of GST :

1. It makes the tax formation more simple and incline.
2. As it is not applicable for goods and services which is exporting outside countryit is good for export oriented businesses.
3. It can make more clarified and much better agreement.
4. The whole market will be consolidated which may convert in to low business cost.
5. It can ease moving of goods across states and can lower the settlement cost of business.
6. In the prolonged rush, the lower tax obligation could render in to lower prices on goods for customers.
7. Number of tax department will diminish which in turn may guide in to low deception.
8. Business corporation which is  under disorganized sector will comes under tax reign.

GST Franchisee:

GST Centre™  is the foremost site where we can have a detailed study about goods and services tax.

It is aided by CA's & Industry experts. GST Centre™ guides you to the option to begin your own business with an eminent name in industry. GST Centre™ is processing to franchisee model of GST Centre taking in to consideration GST relevancy in India.

Why Franchisee: 

•     Systemized procedure
•     Constant reinforce
•     Extremely reliable brand name
•     Identified business for triumph
•     Valid certification courses.

GST Centre™ provides online education , offline/distance education , training in GST Centre's , on-campus coaching programs and seminars.

For more details visit our website: www.gstcentre.in