Register your GST Registration @ Rs.800 (Professional Fee)
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- GST Registration
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GST stands for Goods and Services Tax . GST is destination based consumption tax levied at multiple stage of production and distribution of goods and services in which taxes paid on input are allowed as set-off against taxes paid on output. Thus, GST will be single comprehensive integrated indirect tax on pure value addition at each stage.
GST is a Tax Registration mandatory for all business in India meeting ANY of these conditions
1. Annual sales/receipts greater then Rs. 40 Lakh in case of Goods and Rs. 20 Lakh in case of Services.
2. Making sales outside your own State.
3. Ecommerce Business
Eliminates the cascading effect of Taxes
GST is a transparent tax and also reduces the number of indirect taxes. GST will not be a cost to registered retailers therefore there will be no hidden taxes and the cost of doing business will be lower. With GST, the outflow has been effectively reduced and hence eliminated the cascading effect of taxation.
Earlier VAT, Excise and Service tax had their own schedules of filing and compliances. These were monthly or quarterly, depending on the nature of holding. GST, however, requires a single return to be filed. There are around 11 returns, 4 out of which are basic returns that all taxable persons need to file. A GST reduces tax-on-tax and indirect taxation. It does away with multiple compliances like VAT, service tax, etc. thereby increasing the outflow.
Ease of operation of businesses
With the implementation of GST, the difficulties in indirect tax compliance have been reduced. Earlier companies faced significant problems concerning registration of VAT, excise customs, dealing with tax authorities, etc. The benefits of GST has aided companies to carry out their business with ease.
Being technologically driven, the entire process of registration and filing of returns is accelerated. It also ensures that the process is clean and tax collection is done legitimately.
Ascertain the Requirements of Registration(MSME/GST/IEC based)
Apply for GST/MSME/IEC as ascertained above
Respond to departmental query, if any, rectify the application accordingly and submit again
Payment of Government Fee(Applicable in case of IEC only
Individual Identity Proof
Adhaar Card and
Individual Address Proof
Individual Bank Statement
Registered Office Proof
Any Utility Bill(Electricity Bill/Bank Statement)
Passport Size photographs
Your Latest Passport Size Photograph is required
1. What will trigger GST?
The ‘supply’ of goods and/or services to any person or entity in India.
2. What does ‘supply’ mean?
The sale, transfer, barter, exchange, license, rental, lease or disposal of goods and services.
3. What are the types of GST?
CGST: Central Goods and Services Tax, paid on all transactions, collected by the Center SGST: State Goods and Services Tax, paid on all transactions within a State, collected by the States IGST: Integrated Goods and Services Tax, paid on all inter-state transactions, or import of goods into India, collected by the Center
4. When will GST come into effect?
The expected GST introduction date is July 1, 2017.
5. Can a person without GST registration claim ITC and collect tax?
No, a person without GST registration can neither collect GST from his customers nor can claim any input tax credit of GST paid by him
6. What is the time limit for taking a Registration under GST?
A person should take a Registration, within thirty days from the date on which he becomes liable to registration, in such manner and subject to such conditions as is prescribed under the Registration Rules. A Casual Taxable person and a non-resident taxable person should however apply for registration at least 5 days prior to commencement of business.
7. Whether the Registration granted to any person is permanent?
Yes, the registration Certificate once granted is permanent unless surrendered, cancelled, suspended or revoked.