GST Registration
GST Registration
GST Registration
Any business in India that supplies goods or services with turnover exceeding Rs. 20 lakhs (Rs. 10 lakhs for North Eastern and hill states) have to get registered under GST.
GST is an Indirect Tax, which is collected from the buyer or receiver of goods and services and deposited with the government.
GST Registration Necessary for?
The registration in GST is PAN-based and State-specific. The supplier has to register in each such State or Union territory from where he affects supply if he fulfills any of the following conditions:
- Having an annual aggregate turnover from all-India operations which is above the threshold limit of Rs. 20 Lakhs (Rs. 10 Lakhs for the North-Eastern States)
- Currently registered under any of the earlier indirect tax regimes (VAT, Excise Laws, Service Tax Laws) irrespective of the threshold limit.
- Having branches in multiple states or multiple business verticals in one state.
- Making any supply to other states.
- Required to pay tax under Reverse Charge (In case your supplier is not registered under GST).
- Required to deduct tax at source or an Input Service Distributor.
- Agents of a supplier.
- Supplying goods or services through E-commerce Operator.
- E-commerce Operator / Aggregator who supplies goods or services under his brand name (e.g. Flipkart, Amazon, Ola).
- 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
Documents Required for GST Registration
- Registration certificate in case of a company, AOP, society, and registration deed in case of partnership/trust.
- Electricity bill/registry proof in property is owned or rent agreement in case property is on rent.
- First page of bank statement/Bank passbook containing MICR code, IFSC code, Account number.
- Authorization letter for GST registration.
- Passport size photo.
Role of TAXADVISR
- Send your details and Upload Your Document to us.
- Make Online Payment.
- We will assign a Dedicated Manager to service your requirement.
- We will create all the required documents and file them with the appropriate authority.
- Once your GST registration is completed, we will send your GSTN certificate.