Starts GST Registration ₹ 2000/
GST Registration
Every business or corporations that are involved in the buying and selling goods or providing services or both are required to register and obtain GSTIN. It is mandatory for companies whose turnover is more than Rs.20 lakhs (for supply of services) and Rs. 40 lakhs (for supply of goods) yearly to register for a GST.
GST will have 3 tax components, which includes a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST) where center and state will levy GST on all entities, i.e. when a transaction happens within a state. Inter-state transactions will attract the Integrated Goods and Services Tax (IGST), to be levied by the center, i.e. when a transaction happens one state to another.
Advantages to GST Registration-
Every business or corporations that are involved in the buying and selling goods or providing services or both are required to register and obtain GSTIN. It is mandatory for companies whose turnover is more than Rs.20 lakhs (for supply of services) and Rs. 40 lakhs (for supply of goods) yearly to register for a GST.
GST will have 3 tax components, which includes a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST) where center and state will levy GST on all entities, i.e. when a transaction happens within a state. Inter-state transactions will attract the Integrated Goods and Services Tax (IGST), to be levied by the center, i.e. when a transaction happens one state to another.
FOR PROPRIETORSHIP
- Name and object of the business
PAN Card, - Address proof of proprietor
- Passport Size Photograph
Registered Address Proof (Electricity Bill, Phone Bill, Gas Bill)
FOR LIMITED LIABILITY PARTNERSHIP
- PAN Card of LLP
- LLP Agreement
- Partners’ names and address proof
FOR PRIVATE LIMITED COMPANY
- Certificate of Incorporation
- PAN Card of Company
- Articles of Association
- Memorandum of Association
- Resolution signed by board members
- Identity and address proof of directors
Registered Address Proof
Step 1: Receiving Documents & Information
1-2 Days
Step 2: Application Drafting 3-4 Days
Step 3 : Review & Changes 5 to 6 Days
Step 4: GST Registration
7 to 10 Days
FAQ
An entity liable to be registered under GST should apply for registration within 30 days of meeting the criteria. Casual taxable persons and non-resident taxable persons are required to be registered under GST prior to commencing business.
GST registration does not have an expiry date. Hence, it will be valid until it’s cancelled, surrendered or suspended.Only GST registration for non-resident taxable persons and casual taxable persons have a validity period that is fixed by the authorities while issuing the GST registration certificate.
No, only persons registered under GST are allowed to collect GST from the customers. A person not registered under GST cannot even claim input tax credit on the GST paid.
Goods and Services Tax Identification Number (GSTIN) is a 15 digits state-wise PAN-based number to be used to identify businesses registered under GST.
