Get to know about the steps of the GST registration process
29 Jul, 2024
Coaching Institutes are high on business in recent time. Due to several aspiring students getting enrolled for various courses, starting from school boards to Medical entrance and Civil services. We see Private coaching institutes are growing rapidly like mushrooms all over India. Hence, they should be aware of the regulations under the Goods and Service Tax Act, 2017. As per the regulations, all coaching classes having a turnover of INR 20 lakh or more have to register under GST and have to add 18% to their fees (comprising both Central and State GST). In other words, the GST is actually borne by the students in this case.
Mandatory Licenses Required
Education is mandatory now, the rapidly rising demand for education is a great scope for entrepreneurs to start new coaching institutes for a different level of academic degrees. An idea of a new coaching institute and some formalities including GST registration, Trademark Registration, company registration are totally mandatory.
How can we help you?
So, if you own a coaching institute or you are planning to start one, make sure to get GST registration done and have your own GSTIN. Online Legal India™ can be your one-stop solution for easy GST Registration and GST Return Filings. Here, the GST experts will guide you step by step in the company registration process at minimal charges and not just that, be it Trademark Registration, or GST returns filing, this platform has provided quality service to more than 120000 happy customers all over India.
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