Online GST Registration

1.      Ask a QuestionBecome a Partner for E-Invoicing has been reduced to 10 crores from existing 20 crores respectively.Limit for E-Invoicing has been reduced to 10 crores from existing 20 Latest news:   Registrations  Compliance  Accounting  Advisory  Knowledge Centre  Contact Home / Registrations / GST Registration Easy Online GST Registration with Finaccle. ✓ Get GST registration within no time ✓ Enjoy hassle free GST registration processing with Finaccle ✓ Finaccle lays a strong base for your business. BOOK A FREE CALL NOW Your name Your email Your phone Service State   GET FREE QUOTE TODAY! THREE STEPS THAT IS FOLLOWED AT FINACCLE 1. We collect all the required documents. 2. Apply for registration on your behalf 3. You shall be granted registration number at the earliest. Overview Online GST Registration is the process by which a taxpayer registers with the GST council as a taxpayer via the official government-run portal dedicated to the tax regime. When a taxpayer completes the GST Registration process, they will be issued a Goods and Services Tax Identification Number (GSTIN). The Central Government issues this 15-digit GSTIN to help them determine whether or not a business must pay GST. After having GSTIN, the entity is required to file applicable GST Returns for the relevant periods. GST has three tax components: a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST), where both the Centre and the State will levy GST on all entities, i.e. when a transaction occurs within a state. Inter-state transactions will be subject to the Integrated Goods and Services Tax (IGST), which will be levied by the central government, i.e. when a transaction occurs between two states.    When Required Any business whose annual turnover is more than the prescribed limit shall make an online application for a GST Number on gst portal.

2. The GST registration is mandatory if the "aggregate turnover" exceeds the prescribed limits Aggregrate Turnover Advisory  Registrations  Compliance  Accounting  Knowledge Centre  Contact ✓ It comprises of following : Taxable Supplies Exempt Supplies Export of goods or services or both Inter-state supplies to persons having same PAN ✓ But it excludes CGST, SGST, IGST charged on supplies and inward supplies on which tax is payable under Reverse charge. However outward supplies by a person on which tax is payable by the recipient under RCM are part of aggregate turnover. ✓ Further, this aggregate turnover is be calculated on PAN India Basis. If a person is having one branch in Rajasthan and another branch in Kerala, then turnover of both the branches are to be clubbed for calculating aggregate turnover The limits for aggregrate turnover are as follows: States If exclusively engaged in supply of Goods If engaged in supply of Services, or goods or services or both Manipur Mizoram Nagaland Tripura 10 Lakhs 10 Lakhs Arunachal Pradesh Meghalaya Puducherry Sikkim Telangana Uttarakhand 20 Lakhs 20 Lakhs All other states 40 Lakhs 20 Lakhs Benefits of GST Registration ✓ On having, GSTIN, one can also open a current bank account in the name of the entity. ✓ Registered businesses can sell goods and render services online. ✓ Because it is issued by a legal authority, the GST registration certificate is sufficient proof for the registered entity. ✓ The input tax credit is available for goods purchased and services availed. ✓ The GSTIN registration number plays an important role in increasing the value of a company's brand. Contact us Fill the form to contact us Your name Your email Your phone Service  Get started now!

3. Documents Required Accounting  Advisory  Registrations  Compliance  Knowledge Centre  Contact The list of documents required for New GST registration of for various business are as follows: Proprietorship ✓ PAN Card and address proof of proprietor LLP ✓ PAN Card of LLP ✓ LLP Agreement ✓ Partner's names and address proof Private Limited Company ✓ Certificate of Incorporation ✓ PAN Card of Company ✓ Articles of Association, AOA ✓ Memorandum of Association, MOA ✓ Resolution signed by board members ✓ Identity and address proof of directors ✓ Digital Signature The following can be shown as proof of address of a director ✓ Passport ✓ Voter Identity Card ✓ Aadhar Card ✓ Ration Card ✓ Telephone or Electricity Bill ✓ Driving License ✓ Bank Account Statement   Process 1 Visit the GST portal online at (www.gst.gov.in) 2 Fill Part- A of the registration form 1 3 You will receive an application reference number (ARN) on your mobile and via email. 4 Fill in the second part of the registration form and upload the required documents according to the business type

4. 5 Submit the required documents within 7 working days along with GST REG-04 Registrations  Compliance  Accounting  Advisory  Knowledge Centre  Contact 6 Go through the email and look for errors. In case of any errors, your application may get rejected, and you will be notified about the same in form GST REG-05 of registration under GST. 7 Obtain a registration certificate from the GST portal. After having GSTIN, the entity is required to file applicable GST Returns for the relevant periods. GET FREE QUOTE TODAY! Penalty In the event of genuine errors, non- or late registration of an individual's business with the GST council will result in a penalty of 10% of the due amount. The minimum penalty, however, is Rs.10,000. If the authorities determine that an individual is attempting to evade tax on purpose, the penalty will be 100 percent of the due tax amount. As a result, it is critical for an individual to conduct due diligence as quickly as possible. Why finaccle ✓ Finaccle provides one-stop integrated Financial-Accounting-Legal solutions to its clients. ✓ You get all Financial, taxation, Accounting and legal solution under one roof. ✓ We are always Accessible, Approachable and Accountable. ✓ We shall take relevant documents from you and apply for GST registration on your behalf and you shall be allotted GSTN at the earliest. FAQ At the time of registration will the assesses have to declare all his places of business? Can a person without GST registration claim ITC and collect tax? Can I cancel my GST registration? If a person is operating in different states, with the same PAN number, whether he can operate with a single Registration?

5. What if I do not apply GST number even though being liable to do so? Registrations  Compliance  Accounting  Advisory  Knowledge Centre  Contact What is the validity of GST number? When it is mandatory to get GST Registration? BOOK A FREE CALL NOW What they say about us Quick response to any query. Excellent services and Extremely polite and professional staff. Abhishek Taliya, 3Tee Elastic Private Limited Latest blog posts More blog posts info@finaccle.in Top Services Shortcuts Address 602, Empire State Building, Ring Road, Nr. Udhna Darwaja, Surat, Gujarat - 395002 Flexible Accounting GST Registration Private Limited Registration Trademark Registration All Services About Us Terms of use Privacy Policy      Phone +918866252846 +918460275778 Copyright © 2022 Finaccle