Ready. For All-in-one GST.
@ Rs. 3299 for Company* | Rs. 2999 for LLP/Firm* | Rs. 2899 for Proprietor*
*Subject To Change On Market Conditions
Under the new taxation policy of the Goods and Services Tax, all people and businesses involved in the supply of goods or services are required to obtain a registration of GST to conduct business. Those who are not registered under the GST Act shall not be allowed to receive the benefit of collecting GST from end customers or claim an input tax credit (ITC) on their inward supply. The GST Council has prescribed Rupees 20 Lakhs of the business’ turnover to be the limit for registration under GST, which means, you are to register yourself as soon as you reach this level of earnings. On the other hand, for northeastern states, this limit has been set to Rupees 10 Lakhs.
The registration has to be applied for within 30 days of reaching this threshold limit. When it comes to GST, the term Aggregate Turnover refers to all of the supplies made by the taxable entity, whether on their own accord or on behalf of a principal. However, in the case of a registered job worker, the earnings of supplies under the same job work won’t be included in their turnover. Registration of GST can be done through online, but it holds a lot of legal connotations that can be done by professionals in a simplified. Contact us today to get your business GST registered.
How Do I Check My GST Registration Eligibility?
You need to get registered under the GST Act:
If Your Turnover Exceeds 20 or 10 Lakh
If your company or business’s aggregate turnover is more than Rupees 20 Lakhs in India and Rupees 10 Lakh in the North Eastern States of India, GST registration is mandatory and should be obtained within 30 days of reaching that threshold.
If Your Conduct/ Provide Inter-state Sales and Services
If you participate in the supply of goods or provision of services to clients based in another state, then you need to obtain a GST registration before beginning any interstate trade, regardless of the business’s turnover.
Mandatory Registration
It is mandatory to register under GST irrespective of the business’s turnover – for a casual taxable person, one who needs to pay taxes on RCM, non-resident taxable persons, an input service distributor, or e-commerce operator.
If You Are Registered Under Old Law
An entity that was registered under any preceding law of indirect taxes was required to migrate to GST when it was introduced. In any circumstances, if you failed to do so, you need to immediately get yourself registered under GST.
Limit For GST Registration
INR 20 lakhs for service providers and 40 lakhs for goods suppliers.
Documents For GST Registration of A Company
- The Certificate of Incorporation
- Board Resolution
- Bank Details of Company and KYC of its directors along with the digital signature
- List of all Documents and Formats
Documents for GST Registration of an LLP or a Partnership
- Firm Registration Certificate
- Firm Deed
- Address proof and the bank details of the said firm and KYC documents of all the designated partners of the LLP or firm are required along with the digital signature
- List of all Documents
Documents for GST Registration of a Sole Proprietorship or an Individual
- Obtaining the GST registration for individuals is easier.
- There is no need for a digital signature
- Registration can be done based on your Aadhaar card based OTP
- Only necessary KYC documents are required
