|Minimum Order Quantity||1 Month|
|Duration||4 TO 5 DAY|
|GST Consultancy Needed For||Gst Registration|
|Type Of Enterprise||PROPRITOR,PARTNERSHIP,COMPANY|
|Document Requirement||Aadhar Card|
|Feature||- What are the benefits of registering under GST A. For normal registered businesses: o Take input|
|Type Of Service Provider||GST|
What is GST Registration
In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register as a normal taxable person. This process of registration is called GST registration.
For certain businesses, registration under GST is mandatory. If the organization carries on business without registering under GST, it will be an offence under GST and heavy penalties will apply.
GST registration usually takes between 2-6 working days. We’ll help you to register for GST in 3 easy steps.
*CBIC has notified the increase in threshold turnover from Rs 20 lakhs to Rs 40 lakhs. The notification will come into effect from 1st April 2019.
What is GST Registration Process?
The Goods And Services Tax (GST) Registration services at WE helps you to get your business GST registered and obtain your GSTIN.
ClearTax GST experts will guide you on the applicability and compliances under GST for your business and get your business registered under GST.
Documents Required for GST Registration
PAN of the Applicant
Proof of business registration or Incorporation certificate
Identity and Address proof of Promoters/Director with Photographs
Address proof of the place of business
Bank Account statement/Cancelled cheque
Letter of Authorization/Board Resolution for Authorized Signatory
GST Registration FAQs
Is GST registration mandatory
Yes, you are required to obtain GST registration once your turnover exceeds the specified threshold limits. Click here to check out the latest threshold limits for GST registration.
Can I apply for multiple GST registrations
If a business operates from more than one state, the taxpayer should obtain a separate GST registration for each state. For instance, If an automobile company sells in Karnataka and Tamil Nadu, he has to apply for separate GST registration in Karnataka and Tamilnadu respectively.
Can I apply for multiple registrations within a state
Yes, a business can apply for any number of GST registrations within a state. The procedure of allocating multiple GST registrations only for different business verticals within a state has been removed for ease of business.
Who can Register for the Composition scheme under GST
Small taxpayers who wish to have lesser compliances to deal with and lower rates of taxes under GST, can opt for the Composition scheme,
A trader whose aggregate turnover is below Rs 1.5 crore can opt for the Composition scheme. In the case of North-Eastern states and Himachal Pradesh, the present limit is Rs.75 lakh. Click here to know all about the Composition scheme.
What turnover should be considered for GST registration threshold limit
Aggregate turnover should be taken into consideration to calculate turnover. Aggregate turnover means the aggregate value of all taxable supplies excluding inward supplies liable to reverse charge, but including exempt supplies, exports of goods or services or both and inter-state supplies of persons having the same PAN, to be computed on an all-India basis. It is to be noted that CGST, SGST, UTGST, IGST and cess should be excluded while calculating aggregate turnover.
What are the benefits of registering under GST
A. For normal registered busines