GST Registration
- Transparent fee structure
- Expert financial guidance
- Fast registration process
- Secure document handling
Register your GST hassle-free from wherever you are with our easy application process.
What is GST?
GST stands for Goods and Services Tax. It is a value-added tax that is levied on most goods and services sold for domestic consumption. GST is a comprehensive indirect tax that is charged on the supply of goods and services from one business to another or to the end consumer. The GST system was introduced in India on July 1, 2017, with the aim of creating a unified taxation system across the country and replacing multiple taxes such as VAT, central sales tax, and service tax. The GST system has simplified the tax structure and made it easier for businesses to comply with tax regulations.
Types Of GST Registration
There are four main types of GST in India:
Central Goods and Services Tax (CGST): This is a tax imposed by the central government on intra-state supplies of goods and services.
State Goods and Services Tax (SGST): This is a tax imposed by the state governments on intra-state supplies of goods and services.
Integrated Goods and Services Tax (IGST): This is a tax imposed by the central government on inter-state supplies of goods and services, including imports and exports.
Union Territory Goods and Services Tax (UTGST): This is a tax similar to SGST, but it is applicable only in the union territories of India.
All these taxes are part of the GST system, and they have replaced the earlier taxes such as VAT, service tax, excise duty, and others. The GST rates are determined by the GST council, which is a body comprising representatives from the central and state governments.
Documents Required for GST Registration
- Aadhaar Card
- Address proof of the place of business
- Bank account statement/cancelled cheque
- Identity & Address proof of Promoters/Director with photographs
- Digital Signature
- Proof of business reg. or incorporation certificate
- Letter of Auth./Board Resolution for Auth. Signature. 8 PAN Card of the Business or Applicant
Frequently Asked Questions
Any business or individual involved in the supply of goods or services with an annual turnover of more than Rs. 20 lakhs (Rs. 10 lakhs for special category states) is required to register for GST.
Registering for GST helps businesses comply with tax regulations, avail input tax credit, and improve their credibility in the eyes of suppliers and customers.
GST registration can be done online by filling out the registration form available on the GST portal and submitting the required documents.
The documents required for GST registration include PAN card, Aadhaar card, business registration proof, bank account details, and address proof.
No, there is no fee for GST registration.
Yes, a person with multiple businesses can register for GST under one registration provided all the businesses have the same PAN number.
The threshold limit for GST registration is an annual turnover of Rs. 20 lakhs (Rs. 10 lakhs for special category states).
Yes, both PAN and Aadhaar numbers are mandatory for GST registration.
Yes, GST registration can be cancelled voluntarily or by the authorities. The process for voluntary cancellation involves filing an application on the GST portal and surrendering the GST certificate.
The penalty for not registering for GST can be up to 10% of the tax due, subject to a minimum of Rs. 10,000. Additionally, interest and other charges may also apply.