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Package Inclusions
Offerings of GST Registration Service
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GST Registration Application Preparation: We will prepare and complete all the necessary paperwork and documentation required for the GST registration process on your behalf. |
Consultation and Guidance: Our expert team will provide personalized consultation and guidance throughout the registration process, answering any queries you may have. |
Application Submission: We will submit the completed GST registration application to the concerned authorities on your behalf, ensuring accuracy and compliance. |
GSTIN Allocation: We will assist you in obtaining your unique Goods and Services Tax Identification Number (GSTIN) after successful registration. |
Regular Updates: Stay informed with regular updates on the progress of your GST registration application. |
Document Collection: We will collect and manage all the necessary documents required for the registration process, saving you time and effort. |
Verification Support: In case of any verification or query from the authorities, we will provide support and guidance throughout the process. |
Post-Registration Assistance: After successful registration, we will provide you with the GST certificate and help you understand the compliance requirements. |
Tax Consultation: Receive expert advice and consultation on GST-related matters to ensure you understand your tax obligations and benefits. |
Amendment Support: If any changes are required in your GST registration details, we will assist you in making the necessary amendments. |
Overview
GST is known as the Goods and Services Tax. It is an indirect tax that has replaced many indirect taxes in India, such as excise duty, VAT, service tax, etc. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. Each taxpayer is allotted a PAN-based 15-digit Goods and Services Taxpayer Identification Number (GSTIN) in every state they operate. It is obtained as a part of the GST registration process. Once the GST registration application is verified and passed by the GST officer, a unique GSTIN is assigned to the business.
Who needs GST registration?
- GST registration is required for individuals or business entities engaged in taxable supplies of goods or services.
- The annual turnover of the business should exceed the prescribed threshold limit, which is currently ₹20 lakhs for most businesses.
- E-commerce operators facilitating the supply of goods and services through their platform need to register for GST.
- Non-resident taxable persons who occasionally supply goods or services in India are also required to register for GST.
- Businesses involved in inter-state supply of goods or services must register for GST.
- Input service distributors distributing input tax credit to their branches or units need to undergo GST registration.
- Casual taxable persons supplying goods or services occasionally in India must register for GST.
- Businesses that were previously registered under the old tax regime (such as VAT, Service Tax, etc.) and have migrated to GST are also required to be registered under GST.
Benefits of GST Registration
- Stay Compliant: Registering for GST keeps your business compliant with the tax laws of India, avoiding any penalties or legal issues.
- Seamless Operations: GST registration enables you to seamlessly conduct interstate and intrastate business without any hindrances.
- Input Tax Credit (ITC): By registering for GST, you can claim Input Tax Credit, reducing your tax liability and increasing profitability.
- Enhanced Credibility: GST registration enhances the credibility of your business, making it more trustworthy in the eyes of your customers and partners.
- Legally Mandated: As per Indian law, businesses with an annual turnover above the prescribed limit must register for GST.
Penalties for Failure to Register for GST
Under the Goods and Services Tax (GST) regime in India, failure to register for GST can result in penalties and legal consequences. Here are some of the penalties for failure to register for GST:
- Late Fees: If a person fails to register for GST within the prescribed time limit, a late fee will be levied. The late fee is Rs. 50 per day (Rs. 20 for taxpayers with nil tax liability) from the date of liability until the date of registration, subject to a maximum of Rs. 10,000.
- Penalty: If a person fails to register for GST, they may be liable to pay a penalty of 10% of the tax due or Rs. 10,000, whichever is higher.
- Prosecution: Failure to register for GST may result in prosecution under the GST Act. The penalty for such an offense can be imprisonment of up to one year or a fine, or both.
It is important to note that registering for GST is mandatory for businesses with an annual turnover exceeding Rs. 20 lakhs (Rs. 10 lakhs for certain special category states). It is advisable to register for GST in a timely manner to avoid any penalties or legal consequences.
How we can help you with GST registration - Why Thsgstco?
- We are experts in GST registration: We have helped hundreds of businesses register for GST, and we know the process inside and out.
- We are easy to work with: We understand that you are busy, and we make the process of registering for GST as easy as possible.
- We are affordable: We offer our services at a competitive price, and we are always willing to negotiate.
- We offer a 100% satisfaction guarantee: We are so confident that you will be happy with our service that we offer a 100% satisfaction guarantee.
- Secure and compliant: We take security and compliance very seriously, and we use the latest technology to protect your data.
- Simple and easy-to-use platform: Our platform is designed to be simple and easy to use, even if you are not familiar with GST.
- 24/7 support: We offer 24/7 support, so you can reach us whenever you need help.
Documents Required for GST Registration
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Proprietorship |
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LLP |
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Private Limited Company |
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Calculate GST Amount
Frequently Asked Questions
GST registration is the process of obtaining a unique Goods and Services Tax Identification Number (GSTIN) from the government to carry out taxable supplies of goods or services in India. It is mandatory for businesses with an annual turnover exceeding Rs. 20 lakhs (Rs. 10 lakhs for certain special category states) to register for GST.
GST registration is mandatory for businesses with an annual turnover exceeding the threshold limit to comply with the GST laws in India. It allows businesses to collect and pay GST on their supplies, claim input tax credit, and improve their business credibility.
Any individual, business, or organization that carries out taxable supplies of goods or services and has an annual turnover exceeding the threshold limit is required to register for GST.
You can register for GST by following these simple steps:
- Call us and discuss your requirements with our experts.
- Submit the required documents and information as requested by our team.
- Pay for the registration service.
- Our experts will complete the entire registration process on your behalf and provide you with your GST number once the process is complete.
The time taken to get a GST registration can vary depending on the completeness of the application and the verification process. Generally, it takes 3-7 working days for the GST registration certificate to be issued.
Failure to register for GST can result in penalties and legal consequences, including late fees, penalties, and even prosecution under the GST Act.