Online GST Registration Procedure in India

1. GOODS AND SERVICES TAX MAY 20, 2020 Presented by swarit Advisors

2. INTRODUCTION OF GST REGISTRATION GOODS AND SERVICE TAX GST or Goods and Services Tax was introduced by the Prime Minister of India in an attempt to regulate prices throughout the country and remove all state or central Govt. imposed indirect taxes on goods and services by initiating GST registration in India.

3. GST As per the new GST regulation, businesses whose turnover exceeds Rs 20 lakhs (10Lakhs for North East and hill states) is required to get their GST as a normal taxable person. This process is called the register for gst.

4. VALUE AND QUALITY AT THE RIGHT PRICE Apart from the other turnover bracket, there are certain cases where GST apply online is mandatory for individuals or entities engaging themselves in the supply of goods or services across the state to get new GST registration online. One can apply for online GST Registration either as a normal taxpayer or under GST composition scheme. Our Advantage

5. WHAT IS GOODS AND SERVICE (GST) TAX IS ALL ABOUT? WHAT YOU NEED TO KNOW As we glare to the name, the name itself depicts that the GST will be applicable on both the goods and services following a dual system of GST keeping the work of both the Central and the State Government independently. The GST Council is headed by the Union Finance Minister and will also include various State Finance Ministers. GST

6. GST Tax Structure *0% is GST rate is applied to the most essential goods such as rice, wheat etc.  The complete bifurcation of the GST tax rate applied to the different categories of goods and services can be easily accessed by just contacting us. You give us a call and our team will reach you very soon with the complete detail.

7. GST Registration Process STEP - 1 STEP - 2 STEP - 3 STEP - 4 Log on to www.gst.gov.in gst apply online select on ”Registration” from the three options “ Registration” “Payments” and “User Service” Select “New Registration” Fill in the details like the basic details, about the nature of applicants like taxpayer or a GST practitioner

8. NEXT STEPS STEP -5 STEP -6 STEP -7 STEP -8 Fill the details like legal name of the business, location of the business, PAN of your business account The details will be verified by the portal through an email- confirmation and one- time password. Submit the required documents which will depend upon the type of your business. You will get an APPLICATION Reference Number Text to confirm the successful completion of forms.

9. DOCUMENTS REQUIRED FOR NEW GST REGISTRATION PROOFOF OFFICEADDRESSPROOF REGISTRATIONOF 02 03 BUSINESS INDENTITYPROOF / BUSINESSBANK 01 ADDRESSPROOF 06 ACCOUNTDETAILS 04 PANCARD RENTAGREEMENTOR 05 LEASEAGREEMENT

10. FOR CAUSAL DEALER EXISTING TAXPAYERS A casual dealer has to pay GST in advance calculated on the estimated turnover of 90 days taxpayers registered under VAT/CST, Excise, Service tax i.e Who are required to have GST Registration Certificate FOR NON-RESIDENT TAXABLE PERSON NEW TAXPAYERS liable under the earlier tax regime are required to get their GST has to apply for Online GST within five days before commencement of business

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