FAQ

No, it is not legal. You can only use a business name that has not been registered in India. Therefore, before choosing a business name, you can search for its availability is one of the essential things.

• Individual members manufacturing or conducting food business activities from home for a registered Cooperative Society or Mahila Udyog or Self Help Group or Gruh Udyog, or any similar government-registered society

• The Direct Selling entity is wiling to take responsibility for its Direct Sellers and has given them written authorization to do so

• A milkman/vendor registers with a Cooperative Society and sells his whole milk production to that society.

• The delivery person, direct selling agent, or owner of food vending machines, water vending machines, food ATMs, or food carts.

License and Registration is required for any food business in India that manufactures, stores, transports, or distributes food. Depending on the size and nature of the company, FSSAI registration or License may be required.

Trademark registration protects your rights to use the mark and provides legal recourse against infringement. It remains valid for ten years, with the option to renew indefinitely.

India offers various trademark registrations, including product marks, service marks, collective marks, certification marks, shape marks, pattern marks, and sound marks.

Initial details include the applicants name, business type, business objectives, brand/logo/slogan name, and registration address.

Required documents vary by applicant type. Common documents include PAN card, Aadhar card, GST certificate, incorporation certificate, and partnership deed.

Carefully select the appropriate class that categorizes your goods or services. Common classes include Class 9 (software, electronics), Class 25 (clothing), Class 35 (business management), and Class 41 (education). Our experts can help you select the correct trademark class.

No, only persons registered under GST are allowed to collect GST from the customers. A person not registered under GST cannot even claim the input tax credit on the GST paid.

Any business that is registered for GST with the Indian government must have a GST certificate. This applies to both online and offline businesses.

A Goods and Services Tax (GST) certificate is a document issued by the Indian government that certifies that a business is registered with the Goods and Services Tax (GST) system. It is a unique identification number that is used to identify a business for taxation purposes in India.

ITR-2 is used by individuals and Hindu Undivided Families (HUFs) with income from various sources excluding profits and gains from business or professional activities.

Essential documents for filing ITR include Aadhaar Card, PAN Card, bank account details, Form 16, Form 26AS, receipts for tax exemptions or deductions, bank interest statements, capital gains statements, and documents related to foreign assets and income.

Yes, PKRIDS has tax experts who can represent you and handle communications with the Income Tax Department on your behalf.

The resolution time can vary depending on the complexity of the issue and the department's response time. PKRIDS strives to expedite the process through timely and accurate submissions.

Not necessarily. Many issues can be resolved online or with the help of tax professionals like PKRIDS without needing a physical visit.

According to the Partnership firm tax slab structure, one needs to pay 30% income tax on taxable income, with possible surcharges for incomes over one crore rupees and a 4% Health and Education Cess on the total tax amount.

Partnership firms are subject to MAT at 18.5% of adjusted total income, ensuring that tax payable is not less than 18.5% of profits.

Deductions include interest paid on capital up to 12%, and certain remunerations to partners, provided they conform to the partnership agreement.

No. GST registrations cannot be cancelled without filing returns. Taxpayers must first complete the filing of GST returns. Then, the taxpayer must submit form GSTR-10 (also known as Final Return) to apply for cancellation of GST registration. The time window for cancellation is around 1-2 weeks.

No, an unregistered person without GSTIN cannot collect GST from customers or claim an input tax credit of GST paid.

Yes. PAN is mandatory for normal taxpayers and casual taxable persons to be registered under GST. However, PAN is not mandatory for a non-resident taxable person for obtaining registration.