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GST REGISTRATION

Goods & Services Tax (GST) apply to all Indian service providers (including freelancers), traders and manufacturers, once their supply turnover crosses Rs. 20 lakh. The GST is an all-in-one tax that State and Central Taxes. GST is to be charged at every step of the supply chain, with complete set-off benefits available. The procedure for GST is completely online and requires no manual intervention. There will also be a composition scheme under GST for businesses with a supply turnover of less than Rs. 50 lakh. GST is applicable to Entities in special category states with an annual turnover of Rs.10 lakhs and above. There are three type of taxes SGST ( State Goods and Service Tax), CGST ( Central Goods and Service Tax ), IGST ( Integrated Goods and Service Tax ). In case the applicable entities to GST registration, if not get the GST registration, penalty proceeding will be imitated by the department.

Advantages

UNIFORM TAXES

As the GST is implemented in India, not to pay different taxes in different states by the consumers. The people can buy the goods same price in whole India.

ECONOMIC GROWTH

Goods and Service Tax (GST) are already implemented by the various countries to boost their economy under single tax regime as per their country needs. GST is a very long expectation in India to implement the tax regime. GST will help entrepreneur to register in fast manner.

REDUCE STATUTORY COMPLIANCE

Before the month July 2017, entrepreneurs are filing returns with various authorities like service Tax Department, Commercial Tax Department, Central Excise Department. The GST implementation helps entrepreneurs to do the business with peace of mind as they are going to file the return under GST Act only.

SERVICE TAX STATUTORY OBLIGATIONS

For all those who have a liability to register themselves, if fails to do the same than under section 75A of the finance act 1994 penalty for the failure of an assessed to get himself registered was fixed at Rs. 500/- as a onetime payment but subsequently this section was deleted by the virtue of the finance act 2004 and now the general penalty that is applicable is Rs. 1000/- as per section 77 of Finance act.

Documents required

  • 1

    Documents for Company

    • PAN
    • Rental Agreement
    • Bank Statement
    • EB receipt
    • Resolution Copy in case of Company
  • 2

    Documents for Owners

    • PAN
    • Voter ID / Passport/ Driving License / Aadhar Number
    • Photo – 2 Nos
    • ATTESTATION
    • Documents to be attested
  • 3

    REGISTRATION

    • ST-2 will be issued by the department.

Business Plan

Basic

Rs.1,299/-

  • For Existing Tax Payer

Standard

Rs.1,999/-

  • For New Registration

Advanced

Rs.3,500/-

  • New Registration With Two State

HOW LONG DOES IT TAKES?

1 DAY

Collection of Documents

1 DAY

Preparation of Application

1 DAY

Submission of Application

1 DAY

Certificate of Udyog Aadhar Registration

Frequently Asked Questions

What is the GST?
The GST stands for Goods and service Tax. The GST brings all the indirect taxes under a single tax regime at the national level.
What does mean composition scheme under GST?
GST also has an optional scheme of lower taxes for small businesses with turnover between Rs. 20 to 50 lakhs. It is called the composition scheme. It has now been proposed to be increased to 75 lakhs. This will bring respite from tax burdens to many small businesses.
Input tax available in GST Filing?
Input tax mechanism is followed in GST. A dealer has to pay the tax liability after utilizing the input credit on purchasing of goods or service received.
Who will register the GST?
Any supplier who carries on any business at any place in India and whose aggregate turnover exceeds threshold limit as prescribed above in a year is liable to get himself registered.
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 claim any input tax credit of GST paid by him.
Is there a provision for a person to get himself voluntarily registered though he may not be liable to pay GST?
Yes, in terms of Sub-section (3) of Section 19, a person, though not liable to be registered under Schedule III, may get himself registered voluntarily, and all provisions of this Act, as are applicable to a registered taxable person, shall apply to such person.

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