GST Registration

GST REGISTRATION

GOODS & SERVICE TAX

Goods and Services Tax is a consolidated indirect tax policy that encompasses VAT, CST,
Service Tax, Central Excise duty, Entertainment Tax, etc and is valid all over India with effect from 1st July 2017

WHEN TO REGISTER FOR GST?

Mandatory to register under GST when annual turnover exceeds INR 40/20 lakh or supply goods and
services inter-state or through an e-commerce platform.

VOLUNTARY GST REGISTRATION

Any person or entity irrespective of business turnover can obtain GST registration at any-time. Hence,
GST registration is obtained by many businesses in spite of not reaching the aggregate turnover limit.
Some of the main reasons for obtaining voluntary GST registration are: To improve the business
credibility To satisfy the requirements of B2B customers To claim input tax credit benefit

AGGREGATE TURNOVER

Aggregate turnover = (Taxable supplies + Exempt Supplies + Exports + Inter-State Supplies) – (Taxes + Value of Inward Supplies + Value of Supplies Taxable under Reverse Charge + Value of Non-Taxable Supplies). Aggregate turnover is calculated based on the PAN. Hence, even if one person has multiple places of business, it must be summed to arrive at the aggregate turnover.

WHO IS REQUIRED NEW GST REGISTRATION

1 Previous Law Converted Taxpayer – if any individual or companies are registered under the previous tax law like service tax or VAT or cst etc then they have required the New GST Registration.

2 Turnover basis if your business sales or turnover cross more than 40 lakh rupees in a year then its required the GST Registration. For some state like North-Eastern States, J&K, Himachal Pradesh, and Uttarakhand the limit is only 10 lakh rupees in a year.

3 Event or Exhibition In the GST Act its called the casual taxpayer. If they don’t have any permanent place of business then they can apply for the casual taxpayer under the GST Registration. It’s valid for a maximum of 90 days (3 months).

4 Non-Resident Indian (NRI) if you are a non-resident person of India or handling the business of NRI in India then it’s required to apply for the GST Registration Online.

5 The agent of Suppliers or Input tax Distributor – if you are an input tax service distributor then it’s required to apply for the GST Registration to carry forward the benefit of an input tax credit under GST Law.

6 Reverse Charge Mechanism – Under GST Law there is term reverse charge mechanism so if you fall under that category then its required the GST registration.

7 E-commerce Sellers if you are an E-commerce Sellers of the leading aggregator portal like Flipkart or Amazon then yes you need the GST Registration.

8 E-Commerce Aggregator Portal – if you are thinking to start your own E-commerce business then for ECommerce Business Registration you need GST Registration for the same.

9 Outside India Online Portal if you are software as a service company and providing information database access from outside India to Indian visitors then it’s required to register under the GST.

DOCUMENT REQUIRED FOR PROPRIETOR

  1. Passport Size Photograph of Proprietor
  2. Aadhar card
  3. Address proof of business premises Electricity bill from owner (+) Rent Agreement
  4. Firm Name
  5. Saving Bank Account Statement/Cancel Cheque
  6. Business Nature-Trading/Services
  7. Mobile Number Emai

DOCUMENT FOR LIMITED LIABILITY PARTNERSHIPS (LLP)

  1. PAN card of the LLP 
  2. Registration Certificate of the LLP
  3. LLP Partnership agreement
  4. Copy of Bank Statement of the LLP
  5. Declaration to comply with the provisions
  6. Copy of Board Resolution
  7. PAN and ID proof of designated partners
  8. Copy of electricity bill/landline bill, water Bill
  9. NOC of the owner
  10. Rent agreement (for rented premises)

DOCUMENT REQUIRED FOR (PVT. LTD.) / LTD / (OPC)

  1.  PAN card of the company
  2. Registration Certificate of the company
  3. Memorandum of Association (MOA) /Articles of Association (AOA)
  4.  Copy of Bank Statement
  5. Copy of Board Resolution
  6. PAN and ID (Identity Proof) of Directors
  7. Copy of electricity bill/landline bill, water bill
  8. Rent Agreement (for rented premises)
  9. NOC (No Objection Certificate) from the owner

GST Registration

OTS BASIC

Rs2999 Rs1499
  • GST Registration
  • Individual/Proprietorship Registeration
  • One Month GST Return Filing
  • Call & Email Support
  • 7 To 10 Working Days

OTS STANDARD

Rs3499 Rs1649
  • GST Registration
  • Partnership Firm
  • One Month GST Return Filing
  • Call & Email Support
  • 7 To 10 Working

OTS PREMIUM

Rs3999 Rs1999
  • GST Registration
  • Pvt Ltd/Ltd Company
  • Call & Email Support
  • One Month GST Return Filing
  • 7 To 10 Working Days

© 2020 Om Tax Solutions India Pvt Ltd. All Rights Reserved. XML Sitemap I Refund Policy ITerms & Conditions IPrivacy Policy