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GST Registration | Good and Service Tax


·         What is GST Registration?
·         Who should register for GST?
·         Documents require for GST Registration
·         Benefits of GST Registration        
Two words made GST Registration GST+ Registration first we will talk about GST Good and Service Tax or GST: In India, it is the biggest applicable all over the country (except J&k and it are also referred to as “One nation one tax” and a single product is taxed at the same rate in every corner of the country except Jammu & Kashmir this system under. In the GST Regime, businesses whose turnover exceed Rs. Forty lakhs* (Rs Ten (10) lakhs for NE and hill states) is required to register as a normal taxable person. This process of registration is called GST registration.
For certain businesses, registration under GST is mandatory and if any company or an organization carries on business without registering under GST, it will consider an offense under GST and heavy penalties will apply. GST registration usually takes between 2-6 working days. We’ll make you understand how to register yourself for GST in 3 easy steps. Central Board of Excise and Customs (CBIC) has notified that the threshold turnover will be increased from Rs Twenty (20) lakhs to Rs forty (40) lakhs and the notification regarding this will come into effect from 1st April 2019.
Who Should Register for GST?
·         Those paying the tax under the reverse charge mechanism and individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)
·         Turnover above the threshold limit of Rs. 40 Lakhs* and for North-Eastern States, J&K, Himachal Pradesh, and Uttarakhand the limit will be 10 lakhs.
·         Resident taxable person/Casual taxable person
·         Supplier’s agents and input service distributor
·         A person who supplies via e-commerce aggregator
·         Every e-commerce aggregator
·         The person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
Documents Required for GST Registration
  • PAN of the Applicant
  • Aadhaar card
  • Proof of business registration or Incorporation certificate
  • Address proof and identity proof of Promoters/Director with Photographs
  • Address proof of the place of business
  • Bank Account statement/Cancelled cheque
  • Digital Signature
  • Letter of Authorization/Board Resolution for Authorized Signatory
What are the benefits of registering under GST?

Registration under Goods and Service Tax (GST) regime will confer the following advantages to the business:

·         Truly recognized as a supplier of goods or services.
·         Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST due to the supply of both service and goods and some other her benefit are like limited compliance under this composition scheme, the taxpayer is required to furnish quarterly return only, and thus he need not worry on record keeping and can focus on his business more rather than being occupied in compliance procedures and another benefit of getting under this scheme is have limited tax liability.

What is GST Registration Process?

The process for the GST Registration services at Clear Tax helps you to get your business GST registered and obtain your GSTIN. A GST expert will guide you on the applicability and compliances under GST for your business and get your business registered under GST.


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