Frequently Asked Questions
Quick answers on GST, income tax, audits, ESI & PF, trademarks, subsidies and export documentation.
GST
What is the GST registration limit in Tamil Nadu?
₹40 lakh annual turnover for businesses supplying goods and ₹20 lakh for service providers. Inter-state suppliers of goods and most e-commerce sellers must register regardless of turnover.
What is the composition scheme?
A simpler GST option for small businesses with turnover up to ₹1.5 crore (₹50 lakh for service providers). You pay tax at a low fixed rate on turnover and file quarterly, but cannot collect GST from customers or claim input credit.
What happens if I don't file GST returns?
Late fees and interest apply, your buyers lose input credit, and after continuous non-filing your registration can be cancelled. We can file pending returns and apply for revocation.
Income tax
Who must file an income tax return?
Anyone whose total income exceeds the basic exemption limit, and certain others such as those with high-value transactions. Businesses, firms and companies must file every year.
Which is better — old or new tax regime?
It depends on your deductions. The new regime has lower rates but fewer deductions. We compare both before filing.
What is the new Income-tax Act, 2025?
Parliament passed a new Income-tax Act in 2025 to replace the 1961 Act, applying from 1 April 2026. It simplifies the language and renumbers sections. We apply whichever law covers the year being filed.
Audit
When is tax audit required?
Generally when business turnover exceeds ₹1 crore (₹10 crore if cash transactions are within 5%) or professional receipts exceed ₹50 lakh, among other conditions.
Does a small shop need an audit?
Most small shops below the limits do not need a tax audit, but banks may ask for audited accounts or stock audits for loans.
ESI & PF
When do I need PF and ESI?
EPF applies at 20 or more employees; ESI applies at 10 or more employees in notified areas of Tamil Nadu for staff earning up to ₹21,000 a month.
What is the due date for PF and ESI?
The 15th of the following month for both.
Other services
How long does trademark registration take?
You can use ™ from the day of filing. Final registration usually takes several months to over a year depending on objections.
Can you help me get subsidy for new machinery?
Yes. We prepare project reports and applications for PMEGP, NEEDS, UYEGP, Tamil Nadu MSME capital subsidy and other schemes.
Do you help exporters?
Yes — IEC, RCMC, AD code, LUT, export invoices and GST export refunds.
Talk to a tax consultant today
Free first call. Tell us about your shop or business and we will list every registration, return and audit that applies — with a clear fixed fee.