GST Registration Services for the Modern Entrepreneur.
As per the GST Council, entities in the Northeaster and hill states with an annual turnover of Rs.20 lakhs and above would be required to obtain GST registration. For all other entities in rest of India would be required to obtain GST registration, if annual turnover exceeds Rs.40 lakhs. Entities required to obtain GST registration as per regulations must file for GST registration within 30 days from the date on which the entity became liable for obtaining GST registration.
Allindiataxfiling.com is the leading business services platform in India, offering a variety of services like GST registration, GST return filing, private limited company registration, trademark filing and more. Allindiataxfiling.com can help you obtain GST registration in India. The average time taken to obtain GST registration is about 3 – 5 working days, subject to government processing time and client document submission.
Process We Follow for Registration
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Allindiataxfiling.com can Register for GST in 3 to 5 days
We will certain documents to be submitted to GST Department.
Once your GST registration is completed we will send GST license to you.
Once your GST registration is completed we will send GST license to you.
GST Registration is Mandatory in Following Cases
Generally, the liability to register under GST arises when you are a supplier of Goods or Services and your aggregate turnover in the financial year is above the exemption threshold. However, the GST law enlists several specific categories of suppliers who must get compulsory registration irrespective of their turnover. Following are some of the common situations where registration is mandatory.
When your turnover exceeds the threshold limit of Rs 10, 20 or 40 Lakh as per the state & nature of supply, refer to the threshold table above
Online sellers using E-Commerce Platforms such as Amazon, Flipkart must register under GST from the beginning Only
NRI, Exporters & Importers
Any NRI person or company supplying goods or services in India or exporting out of India must register under GST regardless of turnover.
To supply goods or services in exhibitions, trade fairs or events, where there is no permanent place of business, the Registration as Casual Dealer having 90 days validity is required.
If the business is engaged in the supply of goods between two states, then Registration under GST is required from day one. However, in the case of service, the threshold is 20 Lakhs
Online Information & Database
Person supplying online information and database access service in India or abroad, other than a registered taxable person
Nature of GST Registration
- PAN Based Registration
- 100% Online Process
- One State – One GST Registration
- State Specific Registration
- One PAN Multiple GST Number
- Common GSTN Portal
Business Vertical: However, a business entity with separate business verticals (as defined in section 2 (18) of the CGST Act, 2017) in a state may obtain separate registration for each business verticals.
SEZ: Further, a unit in SEZ or an SEZ developer needs to obtain separate registration necessarily. Registration under GST is not tax specific which means that there is a single registration for all the taxes, i.e. CGST, SGST/UTGST, IGST and cesses
Standardization of procedures: Strict timelines have been stipulated for the completion of different stages of the GST Registration Process. An application has to be submitted online through the common portal (GSTN) within thirty days from when the liability to register arose.
Casual Dealer & Non Residents: The casual and non-resident taxable persons need to apply at least five days before the commencement of the business. For transferee of a business as going concerned, the liability to register arises on the date of transfer.
Exemption from GST registration
Persons who are engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax or an agriculturist, to the extent of supply of produce out of cultivation of land are not liable to register under GST.
If all the supplies being made by a supplier are taxable under reverse charge, there is no requirement for such a supplier to register in light of Notification No. 5/2017-Central Tax dated 19.06.2017.
Stepwise Process of GST Registration
Under the new tax regime of Goods and Services Tax, all persons involved in the supply of goods or services must obtain GST registration. Those who are not registered under GST shall not be allowed to collect GST from customers or claim an input tax credit (ITC) on inward supply. The registration must be applied within 30 days of reaching the threshold limit. For GST, the term Aggregate Turnover means all supplies made by the taxable person, whether on his own or behalf of a principal. However, in the case of a registered job worker, the turnover of supplies under job work won’t be included in his turnover. Registration is online but is very tricky and should be done by professionals only.
Step-Wise Process To Start A Sole Proprietorship Business
Start your business as a proprietorship quickly within one day. The process begins with the online order at setindiabiz. Once the order for proprietorship setup is processed, we will initiate the documentation and further process. As said earlier, the process is entirely online, and there is no need for you to visit our office. Please do contact us for any clarification.
List of Documents Required for GST Registration
Physical Verification in Connection with GST registration
Physical verification is to be resorted to only where it is found necessary in the subjective satisfaction of the proper officer. If at all, it is felt necessary, it will be undertaken only after granting the registration and the verification report along with the supporting documents and photographs shall have to be uploaded on the common portal within fifteen working days.
- The one when the taxable person no more requires it (voluntary cancellation), or
- When the proper officer considers the Registration liable for cancellation in view of certain specified defaults (Suo-Motu cancellation) in situations like when the registrant is not doing business from the registered place of business or if he issues a tax invoice without making the supply of goods or services.
The taxable person desirous of cancellation of Registration will apply on the common portal within 30 days of the event warranting cancellation. He will also declare the stock held on the date with effect from which he seeks cancellation in the application. He will also work out and declare the quantum of dues of payments and credit reversal and the particulars of payments made to discharge such liabilities. In case of voluntary Registration (taken despite not being liable for obtaining Registration), no cancellation is allowed until the expiry of one year from the effective date of Registration. If satisfied, the proper officer has to cancel the Registration within 30 days from the date of application or the date of reply to notice (if issued, when the officer concludes rejection).
In the case where registration is cancelled suo-motu by the proper officer, the taxable person can apply within 30 days of service of cancellation order, requesting the officer for revoking the cancellation ordered by him. However, before applying, the person has to make good the defaults (by filing all pending returns, making payment of all dues, and so) for which the officer cancelled the registration. If satisfied, the proper officer will revoke the cancellation earlier ordered by him.
However, suppose the officer concludes to reject the request for revocation of cancellation. In that case, he will first observe the principle of natural justice by issuing notice to the person and hearing him on the issue.