Invoicing & GST Filing Software Easily create invoices and file GST returns using LEDGERS accounting software with integrated payment gateway and payroll.
* GST Application
* GSTIN Number
* LEDGERS GST Software
* GST Application/p>
* GSTIN Number
* LEDGERS GST Software
* UDYAM Registration
LEDGERS accounting software is designed to help businesses easily maintain their accounts, GST compliance, TDS compliance, payroll and income tax filing. Accounting using LEDGERS software is simple and intuitive - no prior accounting knowledge or experience is required. LEDGERS is available as a webapp and on Google Playstore. LEDGERS accounting software is integrated with the GSTN, TRACES Portal, Banks and various other platforms in India to help businesses maintain error-free compliances and avoid penalties. LEDGERS is built on the AWS Platform and conforms to the best practices for data privacy, security and backup. With LEDGERS accounting software being a paid product, the user/customer has complete confidentiality, privacy and control over the data inside their LEDGERS.
Here's how LEDGERS software can help you better operate your business. Invoicing Create, track and send professional GST invoice, quotes or bill of supply through Whatsapp, SMS and email. Automated GST rate and GST applicability calculator to ensure error-free invoices. Purchasing On-board vendors, create and send purchase orders. Track vendor payments, purchase invoices and reconcile input tax credit directly from LEDGERS with GSTN API connect. Connected Banking Send NEFT, RTGS and IMPS payments directly from LEDGERS using your ICICI Bank Current Account. Sync bank statement and reconcile bank transactions seamlessly. Bank Reconciliation Check account balance and sync bank statement of 100+ Indian Banks on LEDGERS. LEDGERS supports fetching bank statement from SBI, HDFC, Axis Bank, Indian Bank and more. Input Tax Credit Automatically reconcile input tax credit receivable and send reminder emails to vendors for ITC not received or ITC mismatch. Reconcile thousands of purchases in minutes using automation. GST eWay Bill Directly generate GST eWay bill from LEDGERS and track status. Generate eWay bill in seconds from existing invoices, bill of supply, purchase invoices or delivery challans. Customer Management On-board customers, track payments and receivables from customers and easily send reminders for payment. Create estimates and automatically schedule reminders. Vendor Management On-board vendors, track payments and payables to vendors and easily send reminders for input tax credit. Create purchase orders and convert to purchases invoices in a single-click.
TAs mentioned above, LEDGERS GST Software emerges as a cutting-edge solution designed to simplify and streamline the intricacies of GST compliance for businesses of all sizes. LEDGERS GST Software stands out for its: Real-Time GSTN Integration: Ensures accurate and timely GST return filings through seamless data exchange with the GST Network. Automated ITC Reconciliation: Simplifies the reconciliation of Input Tax Credit with purchases, optimizing tax credits and compliance. Multi-Currency and Multi-Branch Invoicing: Supports diverse business operations with capabilities for handling transactions across various locations and currencies. Customizable Financial Reports: Provides detailed insights into financial health, aiding in strategic decision-making. Integrated Payment Gateways: Facilitates smooth financial transactions with built-in integrations for leading payment solutions. Advanced Invoicing Features: This feature caters to a range of invoicing needs, including reverse charges, exports, and e-invoicing compliance. Cloud-Based Accessibility: Offers the flexibility to manage finances and GST obligations from any location, enhancing operational efficiency. User-Friendly Interface: Designed for ease of use, making GST compliance accessible for users with varying levels of accounting expertise. Compliance Notifications: Keeps businesses informed about due dates and regulatory changes, ensuring ongoing compliance with GST laws. Streamline your GST management and financial workflows with LEDGERS, the ultimate GST software solution for businesses like yours. Experience the ease of seamless GST filings, automated ITC reconciliation, and much more. Don't let GST compliance slow you down. Join many satisfied users who have transformed their accounting processes with LEDGERS. Ready to Simplify Your GST Compliance? Try LEDGERS Today!
GST registration is essential for the following persons:
Business Entities: Any enterprise with an aggregate annual turnover exceeding Rs. 40 lakhs. For special category states under GST, the threshold is Rs. 20 lakhs.
Service Providers: Those with an aggregate annual turnover surpassing Rs. 20 lakhs. For special category states, this limit is Rs. 10 lakhs.
Exemptions: It's important to note that entities dealing exclusively in GST-exempted goods or services are not bound by these thresholds.
Previously Registered Entities: Entities that were registered under older tax frameworks (like Excise, VAT, Service Tax, etc.) need to migrate and register under the GST regime.
Inter-State Suppliers: Any entity or individual involved in the supply of goods across state boundaries.
Casual Taxable Entities: Those who undertake taxable supply occasionally.
Entities under Reverse Charge Mechanism: Businesses obligated to pay tax under the reverse charge.
Input Service Distributors & Agents: Distributors of input services, including their representatives.
E-Commerce Platforms: Operators or aggregators of e-commerce platforms
Non-Resident Taxable Entities: Individuals or entities that are non-resident but engage in taxable supply within India.
Supplier's Agents: Representatives who supply on behalf of a principal supplier.
E-Commerce Suppliers: Individuals or entities that offer goods or services through an e-commerce aggregator.
Online Service Providers: Entities delivering online information, database access, or retrieval services from outside India to an individual in India, excluding those already registered under GST.
* Individuals
* Joint owners of a company
* Proprietorship firms
* Partnership firms (with a maximum of ten partners)
* Limited Liability Partnerships (LLPs)
* Indian companies
* Foreign companies
* Trusts
* Societies
This inclusivity ensures that various businesses and entities can safeguard their brand identities through trademark or brand name registration online.
GST registration can be obtained voluntarily by any person or entity, irrespective of turnover. GST registration becomes mandatory if a person or entity sells goods or services beyond a certain turnover. For businesses that need to register, GST apply online allows for a quick and convenient process.
Service Providers: Any person or entity who provides service of more than Rs.20 lakhs in aggregate turnover in a year is required to obtain GST registration. In special category states, the GST turnover limit for service providers has been fixed at Rs.10 lakhs.
Goods Suppliers: As per notification No.10/2019 any person who is engaged in the exclusive supply of goods whose aggregate turnover crosses Rs.40 lakhs in a year is required to obtain GST registration. To be eligible for the Rs.40 lakhs turnover limit, the supplier must satisfy the following conditions:
Should not be providing any services.
The supplier should not be engaged in making intra-state (supplying goods within the same state) supplies in the States of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim, Telangana, Tripur and Uttarakhand.
Should not be involved in the supply of ice cream, pan masala or tobacco.
If the above conditions are not met, the supplier of goods would be required to obtain GST registration when the turnover crosses Rs.20 lakhs and Rs.10 lakhs in special category states.
Special Category States: Under GST, the following are listed as special category states - Arunachal Pradesh, Assam, Jammu and Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand.
Aggregate Turnover: Aggregate turnover = (Taxable supplies + Exempt Supplies + Exports + Inter-State Supplies)*(Taxes + Value of Inward Supplies + Value of Supplies Taxable under Reverse Charge + Value of Non-Taxable Supplies).
Aggregate turnover is calculated based on the PAN. Hence, even if one person has multiple places of business, it must be summed to arrive at the aggregate turnover.
Advantages of GST Registration for Businesses
Registering for GST offers a range of benefits to businesses:
Legal Compliance: Ensures that businesses remain compliant with tax regulations, thus avoiding any potential penalties.
Input Tax Credit: Businesses can claim credits for the GST they've paid on purchases, which can then be set off against the GST charged on sales, leading to a reduction in tax liability.
Inter-State Trade Ease: Encourages businesses to transact across state boundaries without facing tax-related challenges.
Elimination of Cascading Effect: By removing the effect of tax being levied on an already taxed amount, the overall cost of products or services is reduced.
Competitive Edge: Being GST compliant can instil trust in potential customers, opening up more business opportunities.
Access to Larger Markets: Major corporations often prefer collaborating with GST-registered vendors.
Optimized Cash Flow: Efficient management and lower tax liability can enhance the cash flow within a business.
Enhanced Credit Rating: Maintaining a consistent and positive GST compliance record can boost a business's credit profile.
Legal Safeguard: A GST registration protects businesses and ensures their rights are upheld.
Simplified Compliance: The GST process is streamlined, enabling businesses to file returns and make payments online easily.
Transparent Operations: Ensures businesses maintain accurate records, promoting a sense of trustworthiness and professionalism.
Product Mark
This type of trademark is affixed to goods or products, aiding in identifying their origin and preserving a company's reputation. Trademark applications falling under classes 1-34 are typically classified as product marks as they pertain to tangible commodities.
Service Mark
Similar to a product mark, a service mark is used to identify services rather than physical products. Service marks primarily help differentiate the providers of certain services from others. Trademark applications falling under classes 35-45 are often regarded as service marks related to service offerings.
Collective Mark
A collective mark conveys specific characteristics of products or services associated with a particular group. It allows individuals or entities to protect and represent goods and services collectively. The trademark holder may be an association, a public institution, or a Section 8 corporation.
Certification Mark
The owner issues these marks to indicate information about a product's origin, composition, quality, or other pertinent data. Certification marks establish product standards and assure consumers that the product meets standardized quality benchmarks. They are commonly found in packaged goods, toys, and electronics.
Shape Mark
Shape marks are employed to secure the distinct shape of a product, making it easily recognizable to consumers as originating from a specific manufacturer. Registration is contingent on the shape being deemed distinctive.
Pattern Mark
Pattern marks are used for products featuring unique, designed patterns that serve as distinguishing features. To qualify for registration, these patterns must stand out as distinctly recognizable.
Sound Mark
Sound marks are distinctive sounds associated with products or services from suppliers. Sound logos, often known as audio mnemonics, are commonly heard at the beginning or end of commercials. An example in India is the IPL tune.
These diverse categories of trademark registrations like logo trademark registration offer businesses and entities the flexibility to protect their brand identity following their unique offerings and market presence.
Choosing the Correct Trademark Class
Trademark classes are a critical aspect of the registration process, as they categorize goods and services into 45 distinct classes. To register a trademark, you should carefully select the appropriate class because it determines the validity of your trademark registration online concerning your business's products or services. If your company operates across various areas falling into different classes, it's crucial to ensure that you apply for a trademark under all the relevant classes.
In India, some commonly chosen trademark classes to register a trademark include:
Class 9: Encompassing computer software and electronics
Class 25: Covering clothing
Class 35: About business management and advertising
Class 41: Related to education and entertainment
The GST Certificate stands as an authoritative document provided by the Indian government to entities that are registered under the Goods and Services Tax (GST) framework. This certificate confirms a business's legitimate Registration under GST and prominently displays key details such as the GST identification number, the business name, and official address. Possessing an authentic GST Certificate is pivotal for enterprises because: Tax Collection Authority: It empowers businesses to impose and gather GST from their clientele. Tax Credit Claims: With this certificate, businesses can rightfully claim credits on the GST they've disbursed on their procurements and operational costs. Furthermore, beyond its tax-related functions, the GST Certificate holds significance in several other domains: Loan Applications: When seeking financial aid or loans, businesses might be asked to present their GST certificates to validate their authenticity. Government Tenders: To be eligible and participate in official government tenders, the GST Certificate must often be produced as evidence of tax compliance. Market Reputation: The certificate enhances a business's stature in the market, reflecting its commitment to national tax regulations.
GSTIN, which stands for Goods and Services Tax Identification Number, is a distinctive 15-digit alphanumeric code allocated to every taxpayer who is registered under the GST framework in India. This number acts as the primary identifier for both businesses and individuals in the context of GST-related transactions and compliance. You will receive GSTIN after successfully submitting the application through the GST Apply online portal.
Applicant's Name: The name of the individual, company, or entity applying for the trademark registration.
Business Type: Specify the type of business entity, such as sole proprietorship, partnership, private limited company, etc.
Business Objectives: Provide a brief description of your business objectives or activities.
Brand/Logo/Slogan Name: Clearly mention the name, logo, or slogan that you intend to trademark.
Registration Address: Furnish the official address of the entity applying for the trademark.
In addition to these details, you will be required to submit the following documents to complete the trademark registration online, or even logo trademark registration process:
Businesses generating a turnover of less than Rs.20 lakhs can do the GST apply online voluntarily.. By doing so, they can benefit from advantages such as availing input tax credits, unrestricted inter-state sales, eligibility to list on e-commerce sites, and establishing a competitive stance against businesses that aren't GST-registered. While this Registration isn't a mandate, it paves the way for enhanced growth prospects and the potential for increased profitability.
Product Mark
This type of trademark is affixed to goods or products, aiding in identifying their origin and preserving a company's reputation. Trademark applications falling under classes 1-34 are typically classified as product marks as they pertain to tangible commodities.
Service Mark
Similar to a product mark, a service mark is used to identify services rather than physical products. Service marks primarily help differentiate the providers of certain services from others. Trademark applications falling under classes 35-45 are often regarded as service marks related to service offerings.
Collective Mark
A collective mark conveys specific characteristics of products or services associated with a particular group. It allows individuals or entities to protect and represent goods and services collectively. The trademark holder may be an association, a public institution, or a Section 8 corporation.
Certification Mark
The owner issues these marks to indicate information about a product's origin, composition, quality, or other pertinent data. Certification marks establish product standards and assure consumers that the product meets standardized quality benchmarks. They are commonly found in packaged goods, toys, and electronics.
Shape Mark
Shape marks are employed to secure the distinct shape of a product, making it easily recognizable to consumers as originating from a specific manufacturer. Registration is contingent on the shape being deemed distinctive.
Pattern Mark
Pattern marks are used for products featuring unique, designed patterns that serve as distinguishing features. To qualify for registration, these patterns must stand out as distinctly recognizable.
Sound Mark
Sound marks are distinctive sounds associated with products or services from suppliers. Sound logos, often known as audio mnemonics, are commonly heard at the beginning or end of commercials. An example in India is the IPL tune.
These diverse categories of trademark registrations like logo trademark registration offer businesses and entities the flexibility to protect their brand identity following their unique offerings and market presence.
Choosing the Correct Trademark Class
Trademark classes are a critical aspect of the registration process, as they categorize goods and services into 45 distinct classes. To register a trademark, you should carefully select the appropriate class because it determines the validity of your trademark registration online concerning your business's products or services. If your company operates across various areas falling into different classes, it's crucial to ensure that you apply for a trademark under all the relevant classes.
In India, some commonly chosen trademark classes to register a trademark include:
Class 9: Encompassing computer software and electronics
Class 25: Covering clothing
Class 35: About business management and advertising
Class 41: Related to education and entertainment
Trademark search
Before registering the trademark, conducting a comprehensive trademark search is of paramount importance. This step is critical to safeguard the integrity and exclusivity of your brand. An online trademark search entails furnishing the brand name and the relevant class for scrutiny. This meticulous search aids in identifying pre-existing trademarks in the market, enabling the assessment of potential conflicts and, ultimately, ensuring the protection of your brand. Tax zenith provides online trademark search tools and support to facilitate this pivotal process, assisting you in making informed decisions regarding your trademark or brand name registration.
Required Documents & Details for Online Trademark Registration
To initiate the trademark registration online or brand name registration process in India, you will need to furnish the following initial details:
Applicant's Name: The name of the individual, company, or entity applying for the trademark registration.
Business Type: Specify the type of business entity, such as sole proprietorship, partnership, private limited company, etc.
Business Objectives: Provide a brief description of your business objectives or activities.
Brand/Logo/Slogan Name: Clearly mention the name, logo, or slogan that you intend to trademark.
Registration Address: Furnish the official address of the entity applying for the trademark.
In addition to these details, you will be required to submit the following documents to complete the trademark registration online, or even logo trademark registration process:
Applicant Type | Required Documents |
---|---|
Individuals | PAN card |
Aadhar card | |
Proprietorship | GST certificate |
PAN card | |
Aadhar card | |
Company | Incorporation certificate |
Company PAN card | |
MSME Certificate (if applicable) | |
Logo (if applicable) | |
Partnership Firms | Partnership deed |
Partnership PAN card | |
MSME registration certificate | |
Logo (if applicable) | |
Limited Liability Partnerships (LLPs) | LLP deed |
Incorporation certificate | |
LLP PAN card | |
LLP PAN card |
For Non-Payment or Underpayments: If a taxpayer either neglects to pay the requisite tax or mistakenly underpays, an acceptable equivalent of 10% of the outstanding tax amount is levied. It's important to note that while there are no GST registration fees, penalties for non-compliance can be significant.
Intentional Tax Evasion: If an individual or business willfully avoids paying the due taxes, the penalty equals 100% of the evaded tax amount.
The Vienna Codification Process
The Vienna Classification, also called the Vienna Codification, is an international system that categorizes the figurative elements of trademarks. After filing the trademark registration application, the Trademark Registrar will apply the Vienna classification to the trademark's figurative elements.
Trademark Examination
After completing the Vienna Codification, the trademark registration application will be assigned to a Trademark Registrar's officer. The officer will assess the application for accuracy and generate a trademark examination report. Based on this report, the officer can accept the application, allow it for trademark journal publication, or raise objections to the registration process.
In the event of objections, the applicant can address the concerns before the Trademark Officer. If the officer finds the justifications satisfactory, the trademark will be approved for publication in the Trademark Journal.
Trademark Journal Publication
Once the Trademark Registrar accepts the application, the trademark will be published in the Trademark journal. This journal, published weekly, contains details of all trademarks the Registrar receives. Members of the public have the opportunity to raise objections if they believe the trademark registration could harm their interests. If no objections are submitted within 90 days of publication, the trademark will be registered within 12 weeks.
Trademark Hearing
A Trademark Hearing Officer will schedule a hearing if a third party objects to the application. Both the applicant and the opposing party have the chance to present their arguments. Based on the hearings and evidence, the Trademark Hearing Officer will decide whether to accept or reject the brand registration application.
Trademark Registration
In cases where no objections or oppositions are raised, the trademark registration certificate will be prepared and issued. A trademark is officially considered registered when the Trademark Registration Certificate is issued, granting the owner exclusive rights to the mark. For example, a logo trademark registration will be approved if it doesn't receive any objection or opposition.
At this point, the ® symbol can be added to the logo or trademark.
Trademark Objection
Trademark objections are typically one of the initial stages in the trademark registration process. Instead of outright denial, the Registrar seeks valid reasons or explanations regarding the trademark's registrability.
Trademark Opposition
Trademark opposition occurs when a third party files an objection against registering a trademark. The Registry accepts oppositions from any natural or legal person, including individuals, businesses, partnership firms, and trusts.
Trademark Renewal
After successfully registering your trademark, it remains valid for ten years from the filing date. To ensure the continued protection of your trademark, it is imperative to renew it every ten years. This continual renewal of your brand name registration secures your marks from misuse or exploitation
You can obtain your GST registration online through Tax zenith. Enter your name, phone number and email to being the process.
When we receive your request a GST expert will reach out to you and understands your business activity, the state where the business is operating and answer any questions that you may have.
The GST expert will also collect and verify the GST registration documents to ensure a smooth registration process. Once the payment is initiated we start with the GST registration online process and we upload all your application into the GST Portal.
You obtain the GST registration within 3 to 7 working days. Everything is completely online you don't need to be physically present at the office for the same. Along with the GST registration, access is provided to LEDGERS Platform for your to do GST invoicing and GST return filing.
Trademark Search
Please start the process by providing us with essential information about your desired trademark and industry. Our experts will thoroughly search the trademark database to determine its availability. Once we identify an available brand, we move on to the next step.
Class Selection and Document Collection
Our professional experts will guide you in selecting the appropriate class or classes that comprehensively cover all aspects of your business. Concurrently, you can begin uploading the documents required for the online trademark registration.
Trademark Application Filing
Upon receiving your documents, our expert team will verify their accuracy and completeness. We then complete the trademark application form on your behalf, ensuring all required documents are submitted correctly. Throughout this process, we maintain transparency and keep you informed, monitoring notifications from the Trademark Registry until the trademark or brand name registration is completed.
Congratulations! Once the application is submitted, you can start using the ™ symbol
Trademark Objection (if applicable)
In cases where the trademark examiner raises questions about your application, you may receive a trademark objection notice. Our experts can aid you in crafting a robust response and submitting the necessary documents and evidence.
We keep you informed about the status of your application and help you navigate any oppositions or hearings. After successful registration, Tax zenith can help with trademark renewal, trademark assignment, licensing, and any other post-registration services you may require.
Are you ready to protect your brand and secure your trademark in India? Take the initial step in safeguarding your business identity by obtaining Trademark Registration or logo trademark registration through Tax zenith. Brand registration with the help of Tax zenith, you can rest assured that your brand is in capable hands. Don't delay any longer ensure the validity and exclusivity of your trademark today. Get started with Tax zenith and safeguard your valuable intellectual property rights.