Goods & Services Tax (GST)

1. Goods & Services Tax (GST) All About GST

2. Goods & Services Tax (GST) Registration ONE STEP TOWARDS LEGALITY Its the time to run your business in more legalized and tension-free manner. Get GST Registration hustle free and become registered Supplier of Goods & Services.

3. Advantages Of GST Registration Simple tax rates Less restrictions on Inter-State Sales Growth & Stability There are only 7 rates under GST in which 4 rates (5%, 12%, 18%, 28%) are mostly used.  GST eliminates the need to learn dozens of tax rates under various subsumed taxes. Since Bank, etc prefer to grant loans and advances to GST Registered businesses, thus, it automatically ensures Growth & Stability of the Business. Registered suppliers can supply goods from one state to another without any hindrances by the officers.

4. Online GST Registration GST Registration is required for every business or corporation that are involved in the buying and selling of good and services. This registration is mandatory for business, companies, firms whose turnover is more than Rs.20 lakhs (for supply of services) and Rs. 40 lakhs ( for supply of goods) yearly. All businesses effecting inter-state outward supplies of goods have to register for a GST too. The same applies to businesses making taxable supplies by the Agents and Brokers of that taxable person. According to the recent notification, GST Registration is not mandatory for the e-commerce sellers/ aggregators, if total sales are less than Rs.20 lakhs.

5. GST Registration Procedure Applying for GST Registration Collecting information and documents When we are all set, we will apply for your GST Registration on GST Portal. This whole process hardly takes a day starting from collecting information & documents till applying for GST Registration. 1st we will collect all the documents and information about your business to decide whether to go for Composition Scheme or Normal Scheme. Waiting for Approval Preparing documents After successful submission, GST officers hardly takes 3-4 days to verify the application and granting GSTIN number. If GST Department fails to approve or reject application within 7 days, then it is deemed to be approved. Next we will prepare all the documents necessary for GST Registration like Non Objection Certificate in case of  rented premises, compressing various images and documents, etc. Allotment of GSTIN Selecting the HSN/SCN Next, we will select the most suitable SAC/HSN codes based on the nature of your business activities. We try to include all HSN/SAC required in case of expansion in near future. After obtaining approval from the Department, it will issue GST Registration Certificate, login Id, password of GST Common Portal.

6. 1) PAN Card of Proprietor 2) Aadhar Card of Proprietor 3) Passport-size Photo of Proprietor 4) Working Mobile Number & e-mail id. D O C U M E N T S R E Q U I R E D 5) Electricity Bill + Rent Agreement/ Property Deed of principle place of business. 6) No Objection Certificate from shop owner in case of rented property. (We will prepare NOC document, you just need to get it signed by the owner). This is all we need from you

7. GST Get Your GST Registration +91 7417726646 info@lawgicalindia.com www.lawgicalindia.com