✓ GST Registration
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Register your business for Goods & Services Tax.
➦ GST Registration
We will help you to register your business for GST & getting 15 digit Business registration number.
➦ GST Invoice format
We will provide you sample format of GST invoice.
➦ HSN Codes
We will help in categorization of your business & help you in understanding the HSN codes applicable on goods or services provided by you.
Note down the Required Documents
✍ PAN Card of the Business or Applicant.
✍ Passport Size Photograph of Proprietor/Karta/Partners/Directors.
✍ PAN of all Directors or Partners.
✍ Identity cum address proof documents like passport, driving license, aadhaar card or voters identity card must be submitted for all the promoters.
✍ Proof of business registration like incorporation certificate or partnership deed or registration certificate must be submitted for all types of registered entities.
✍ Business address proof – rental agreement or sale deed or consent letter along with copies of electricity bill or latest property tax receipt or municipal khata copy must be submitted for the address mentioned in the GST application.
✍ Authority Letter (in case of Partnership Firm) or Resolution signed by Board of Directors (in case of Company only).
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Know about Good and Services Tax (GST)
Goods and Services Tax is the biggest tax reform in India. It is tremendously improving ease of doing business and increasing the taxpayer base in India. GST system has abolished multiple taxes into a single system. Due to which tax complexities are reduced while tax base is increased substantially. Under the new GST regime, all entities involved in buying or selling goods or providing services required to register for GST. Entities without GST registration are not allowed to collect GST from a customer or claim input tax credit of GST paid.
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1. Is the GST threshold limit same for all Indian states?
The threshold limit for GST registration is ₹ 20 lakhs for businesses in all Indian states except the north eastern & hill states where threshold if 10 Lakhs.
2. What is Goods and Services Tax (GST)?
It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.
3. What exactly is the concept of destination based tax on consumption?
The tax would accrue to the taxing authority which has jurisdiction over the place of consumption which is also termed as place of supply.
4. How will imports be taxed under GST?
Imports of Goods and Services will be treated as inter-state supplies and IGST will be levied on import of goods and services into the country. The incidence of tax will follow the destination principle and the tax revenue in case of SGST will accrue to the State where the imported goods and services are consumed. Full and complete set-off will be available on the GST paid on import on goods and services.
5. How will Exports be treated under GST?
Exports will be treated as zero rated supplies. No tax will be payable on exports of goods or services, however credit of input tax credit will be available and same will be available as refund to the exporters. The Exporter will have an option to either pay tax on the output and claim refund of IGST or export under Bond without payment of IGST and claim refund of Input Tax Credit (ITC).
6. Whether the composition scheme is compulsory?
No, it is an optional scheme. If assessee wants then normal registration without composition scheme can be obtained.
7. Whether we need to obtain separate registration for Services & Goods?
No, in this new tax regime you just need to take one registration which will be applicable for goods as well as services.
8. Whether transaction in securities be taxable in GST?
Securities have been specifically excluded from the definition of goods as well as services. Thus, the transaction in securities shall not be liable to GST.
9. Will giving away essential commodities by a charitable institution be taxable activity?
In order to be a supply which is taxable under GST, the transaction should be in the course or furtherance of business. As there is no quid pro quo involved in supply for charitable activities, it is not a supply under GST.
10. Is the reverse charge mechanism applicable only to services?
No, reverse charge applies to supplies of both goods and services, as notified by the Government on the recommendations of the GST Council.