GST Registration
GST refers to Goods and Services Tax which subsumes all taxes such as Sales tax, Service tax, Excise duty etc. into GST.
All entities which carry out function of selling and purchasing of goods and services have to get registered for GST after crossing of threshold limit as decided, GST registration is required primarily if turnover is more than ₹ 20 Lakh. It can also be taken voluntarily. In case an entity doesn’t have GST number it can’t take input of GST which they had paid while purchasing of goods/services, also it would also not be able to sale interstate thus causing hindrance in growth and expansion
Features
Composition scheme
It is introduced for small tax payers to reduce the compliance burden on them, any entity whose turnover in a year is less than 1 crore than he can apply for composition
PAN Based
The registration in GST is PAN based and State specific. Supplier has to register in each such State or Union territory from where he effects supply
Returns
Monthly 3 return for entities whose turnover is more than 1.5 crore, in case less than 1.5 crore and for composition dealer it is to be filed every quarter
Tax Slabs
There are various tax slabs i.e. 0%, 5%, 12%, 18%, and 28%
GSTIN
All businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also known as GSTIN., It is unique 15 digit code which is connected with your PAN Number
Input Tax Credit
It can be availed and can be carry forward in future if return are filed on time
Silver
GST Registration-
GST Registration of Proprietor with ARN and IN Number.
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GST Return Filings Simplified Excel Template to maintain records. (Save Accounting Cost)
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GST HSN Codes with Rates.
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GST Invoice Formats
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Gold
GST Registration-
GST Registration of Proprietor with ARN and IN Number.
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GST Return Filings Simplified Excel Template to maintain records. (Save Accounting Cost)
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GST HSN Codes with Rates.
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GST Invoice Formats
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GST Government Return Filing Utility
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Platinum
GST Registration-
GST Registration of Proprietor with ARN and IN Number.
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GST Return Filings Simplified Excel Template to maintain records. (Save Accounting Cost)
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GST HSN Codes with Rates.
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GST Invoice Formats
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GST Government Return Filing Utility
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Creation of 1 DSC
Documents Required for GST Registration
- PAN Card of owner and other than individual PAN Card of legal entity along with PAN card of directors/ partners/Business a) Bill of Electricity/ Telephone (Not older than 2 months), b) Rent Agreement/Lease Deed or Letter of Consent (NOC) on stamp paper and should be notarized
- MOA/ AOA or Partnership Deed
- Letter of Authorization for signatory
- Bank statement/ Cancelled Cheque/ Front Page of Passbook
- Aadhaar Card of owners/ directors/ partners
- DSC in case of other than Individual
- Passport Size Image of owners/directors/partners