GST Registration

WHO SHOULD OBTAIN THE GST REGISTRATION?

• Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)
• Businesses with turnover above the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be
• Casual taxable person / Non-Resident taxable person
• Agents of a supplier & Input service distributor
• Those paying tax under the reverse charge mechanism
• A person who supplies via an e-commerce aggregator
• Every e-commerce aggregator
• Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person

WHY GST REGISTRATION?

• Mandatory Compliance:

It is mandatory for businesses with an annual turnover exceeding the prescribed limit to register for GST. Failure to register can result in legal consequences and penalties.

• Input Tax Credit:

GST registration allows businesses to claim Input Tax Credit, ensuring that taxes paid on input goods and services are deducted from the taxes payable on output, thus preventing cascading of taxes.

• Interstate Transactions:

For businesses involved in interstate transactions, GST registration is crucial. It enables seamless movement of goods and services across state borders.

• Legal Recognition:

GST registration provides legal recognition to a business and enhances its credibility in the eyes of customers and other businesses.

DOCUMENTS REQUIRED FOR GST REGISTRATION

• PAN of the Applicant
• Aadhaar card
• Proof of business registration or Incorporation certificate
• Identity and Address proof of Promoters/Director with Photographs
• Address proof of the place of business
• Bank Account statement/Cancelled cheque
• Digital Signature
• Letter of Authorization/Board Resolution for Authorized Signatory

      OUR GST REGISTRATION SERVICES

1. Consultation and Eligibility Assessment

Our expert consultants will assess your business to determine whether GST registration is mandatory or voluntary based on your turnover and business activities.

2. Document Preparation and Submission

We assist you in preparing and submitting all the necessary documents required for GST registration, ensuring a smooth and hassle-free process.

3. Application Filing

Our team will file the GST registration application on your behalf, navigating through the complexities of the GST portal to ensure accurate and timely submission.

4. Follow-up and Compliance

Once the application is submitted, we provide regular follow-up and updates on the status of your GST registration. Our services extend beyond registration to ensure ongoing compliance with GST regulations.

5. GST Advisory Services

Our experts offer ongoing advisory services to help you navigate the complexities of GST, ensuring that your business remains compliant and optimized for tax efficiency.

PENALTY FOR NOT OBTAINING GST REGISTRATION

An offender not paying tax or making short payments (genuine errors) has to pay a penalty of 10% of the tax amount due subject to a minimum of Rs.10,000.

The penalty will at 100% of the tax amount due when the offender has deliberately evaded paying taxes.

GET STARTED WITH GST REGISTRATION

Don’t let the complexities of GST registration hinder your business growth. Our team of experts is here to guide you through the entire process, ensuring compliance and peace of mind. Contact us today to initiate your GST registration process and unlock the benefits of a seamless and transparent taxation system.