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GST Registration

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-

The GST will consolidate Central Excise Duty, Service Tax, VAT, Central Sales Tax, Customs Duty, Central Surcharge & Cass, Octree, Luxury Tax, Entertainment Tax, Purchase Tax and a few other indirect taxes. The GST will apply on all goods and services. Even petrol and petroleum products will eventually be subject to it.This would make tax collection and compliance easy for businesses across the country.
The GST council has decided on a four-tier structure. The GST rate will depend on the type of goods and services. Currently, the slab rates are 5%, 12%, 18% and 28%
Currently various businesses like restaurants, computer sales and services businesses have to deal with both VAT and Service Tax regulations resulting compliance burden on the business, as they have to calculate taxes for the transaction based on different rates for different items. With the Implementation of GST Business will be made easy
Since in some states under the VAT regime, businesses are required to comply with VAT regulations once they cross an annual turnover of Rs.5 lakhs. Under GST regime, GST liability occurs only if an entity crosses an annual turnover of Rs.10 lakhs in northeast or hill states, whereas for rest of India, the threshold is set at Rs.20 lakhs.
Overview Required documents How we process

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.

Register your Business in India