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GST Registration Online

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GST Registration Online

 

GST, Goods and Services Tax, is an all-inclusive indirect tax launched on 1st July 2017 to replace almost all of the mainstream indirect taxes like CST and VAT. GST is charged at every step of a manufacturing or service rendering process, and tax credit for the same is available at every level.

With GST, one needs to maintain three accounts, namely CGST, SGST, and IGST.

Businesses with an annual turnover of over Rs 20 Lakh for services and Rs 40 Lakh for goods need to be registered through the online portal, the GSTN (Goods and Services Tax Network). In specific ‘Special category’ states, the minimum turnover is pegged at Rs 10 Lakh. In case an enterprise has multiple places of business, it needs to add the turnover from every business to arrive at the net figure.

Certain businesses need to be registered irrespective of their turnovers, like casual taxable entities, non-resident taxable persons, and E-Commerce operators.

The online GST registration process requires a valid mobile number by an Indian service provider, an email address and PAN for the business, and evidence of the place of business. There is a list of documents that have to be uploaded online. After this, an ARN number is issued, and once a company is registered, it receives the GST Certificate and the GST identification number. The Government collects no fee for such registration.

Failure to obtain GST Registration online, when mandatory, attracts penalties and fines under the CGST Act in India.

The tedious process of GST Registration includes 11 steps that involve submission of several details about your business and many scanned documents. Choose our GST Registration service and get end-to-end expert assistance in streamlining the GST Registration process online.

 

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