TAX
PaieOverview of GST Registration and Filing
GST Registration is the process through which a business becomes registered under the Goods and Services Tax Act. After registration, the business receives a unique GSTIN (GST Identification Number), which is essential for collecting and remitting taxes. Registered businesses also gain the benefit of claiming Input Tax Credit (ITC) on the taxes paid for goods or services purchased.
Who Needs GST Registration?
Businesses must register for GST if they meet certain criteria, such as:
Annual Turnover Criteria:₹40 lakhs for businesses dealing in goods (₹20 lakhs for special category states).
₹20 lakhs for service providers (₹10 lakhs for special category states).
Businesses involved in the supply of goods/services across state borders must obtain GST registration.
E-commerce Operators:E-commerce platforms or operators who facilitate the sale of goods and services online must be registered under GST.
Casual Taxable Persons:Individuals who occasionally supply goods or services, without a fixed place of business.
Non-resident Taxable Persons:Non-residents supplying goods or services in India must also register for GST.
Businesses Making Taxable Supply:Any business involved in the supply of taxable goods or services.
Voluntary Registration:Even if your turnover does not exceed the threshold limit, you may choose to voluntarily register for GST to avail input tax credit and expand business opportunities.
Explore Our Service Categories
GST Registration and Filing
Other Services
GST Advisory Services
Navigating the GST landscape can be complex for businesses due to frequent amendments and updates to the law.
GST Annual Return Filing
GST Annual Return Filing is the submission of your summary of transactions, sales, purchases, and ITC to authorities.
GST LUT Filing
The Letter of Undertaking (LUT) is a document that allows businesses to export goods or services without paying any GST on the exported items.
GST Notice Reply
Businesses may receive notices from GST authorities due to discrepancies in returns, tax assessments, or non-compliance with regulations.
GST Registration Cancellation
Businesses may cancel their GST registration if they stop making taxable supplies, fall below the threshold, or for other reasons.
GST Registration
GST Registration is the process of registering a business with the Goods and Services Tax authorities, making it a taxpayer.
GST Return Filing
Filing GST returns is a mandatory requirement for businesses registered under the Goods and Services Tax (GST).
What are the Documents Required for GST Registration
The following documents are required for GST registration:
PAN Card of the business or applicant.Aadhaar Card (for verification of the applicant).
Proof of Business Address
Rent agreement if rented, or
Ownership document if owned property
Bank Account Statement or Canceled Cheque for verifying bank detailsPhotographs of the applicant
Identity and Address Proof of the applicant
Partnership Deed (if partnership firm) or Certificate of Incorporation (if a company or LLP).
Digital Signature Certificate (DSC): For companies and LLPs
Steps Involved in GST Registration and Filing
Here are the steps to register for GST:
Visit the GST Portal: Go to https://www.gst.gov.in.
Select ‘New Registration’ under the ‘Services’ section
Fill in the GST REG-01 form: Provide details such as:
Name of the business
PAN number
Type of business (sole proprietor, partnership, etc.)
Business address
Contact details
Submit documents: Upload necessary documents such as identity proof, business address proof, and others.
Generate ARN (Application Reference Number): After submitting the application, an ARN is generated for tracking purposes.
Verification: The GST officer will verify the provided details. If the application is approved, you will receive your GSTIN.
Once the GSTIN is assigned, the business is officially registered under GST and can start collecting taxes from customers and claiming input tax credit
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Whether you're an entrepreneur just starting out or a business looking for expert tax and GST advice, Taxpaie is here to help. Contact us today to learn more about how we can assist you in navigating the regulatory landscape and achieving your business goals with confidence.
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