If you are
looking for GST registration in India,
then you are at right place. Here we will make you learn about the GST
registration process in India.
GST Registration, which is also known as goods and service tax
Registration which is mandatory for the companies, whose turnover exceeds Rs. 20
lakh or 10 lakh in some special cases (North eastern states). It was introduced
in India on 1st of July, 2017 to remove the multiple taxes at
different levels. After GST registration
you are allotted with the PAN-based 15 digit GST Registration number.
In some
cases running your business without GST
Registration is considered an offence and will attract heavy penalties.
Who has to go for GST Registration?
Below are
the few cases of Mandatory GST
Registration:
·
All the individuals who are already registered with VAT,
Excise, Service Tax etc.
·
Every e-commerce business has to apply for GST registration, For example flipkart,
amazon, snapdeal etc.
·
All the businesses whose turnover crosses the limit of 20
lakh and 10 lakh in some special cases(north eastern/hill states) have to go
for GST registration.
·
Any existing taxpayer, who is planning to dabble into any
kind of new business, has to apply for the GST
Registration. An advance payment needs to be paid during the online filing
of GST registration.
Process
of GST Registration in India
If you are
looking for a GST Registration,
Enterslice has a team of experts and professionals to help and get GST Registration number within three
days.
Steps to be
followed-
·
You need to visit the web portal of GST Registration and
click on the new registration.
·
After that, you need select the option of new taxpayer
and fill the following information-
1. Legal name
of your business
2. Location of
your business
3. PAN of your
business
4. E-mail
address
5. Mobile
number
·
The moment you fill in the above details, you will be
receiving the one time password for the purpose of verification.
·
An application reference number will be sent to you via
E-mail or text message, after submitting the GST
Registration
application.
·
A GST officer will inspect your GST application. If your
application is approved, it will be sent for further approval, where you may
need to present few more documents related to your business.
Documents
need to be handy, while GST Registration
·
Pan of the applicant
·
Identity and address proof of all the promoters of the
Business
·
Address proof of the place of business
·
Proof of
Registration of business, or partnership deed in case of partnership and
registration certificates.
·
Bank account details of the business
·
Class 2 or Class 3 DSC for signatories or OTP
Verification via Aadhar
Advantages
of GST Registration
·
It removes the multiple taxes, which were charged. And it
serves the motive of one nation one tax.
·
Paying a single duty makes the whole taxation process
much simpler and easier.
·
Being the limit of GST Registration higher, It exempt the
small scale businesses from paying the taxes.
·
Compliances are made effortless
For more
information, contact us on 9870310368.
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