GST Registration

Get your business registered under Goods and Services Tax and obtain a GST Identification Number (GSTIN).

₹ 1000 /-
5/5

One Nation One Tax

Who Should Apply?

GST registration requirement is prescribed under Goods and Services Tax law. Here is a list of all such scenarios:

  Business Turnover Exceeding INR 40 lacs ( INR 20 lacs for Services Provider)

 

  Export of Services / Digital Freelancer

 

  Ecommerce Marketplace (Amazon/Flipkart) registered seller

Benefits of GST Registration

Businesses registered under Goods and Services Tax enjoy many benefits under various schemes of Central and State Government. Key benefits include:

  • Single registration for a PAN Indian Business
  • Input Tax Credit on GST Purchases
  • Eligible to sell online on Ecommerce Portal such as Amazon and Flipkart
  • Hassle free movement of goods via E-Way Bills
  • Complete online process for registration and return filings
  • Ease of getting business loans via GST Compliance Data

Rates Applicable under GST

Various rates of GST has been notified by the government, explained below:

0%
0%
5%
5%
12%
12%
18%
18%
28%
28%

Documents Required

PAN CArd Copy

Pan card of the proprietor or company or firm.

Passport Size Photo

Passport size photo of proprietor, director or partner.

Address Proof

Electricity Bill, Rent Agreement along with No Objection Certificate

Bank Statement

Latest bank statement of proprietor, company or firm

Mobile Number

Mobile Number for receiving the OTP

Email ID

Email ID for receiving the OTPs

FAQs

It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.

Under the GST regime, tax is payable by the taxable person on the supply of goods and/or services. Liability to pay tax arises when the taxable person crosses the turnover threshold of Rs.40 lakhs (Rs. 20 lakhs for service provider) except in certain specified cases where the taxable person is liable to pay GST even though he has not crossed the threshold limit. The CGST / SGST is payable on all intra-State supply of goods and/or services and IGST is payable on all inter- State supply of goods and/or services. The CGST /SGST and IGST are payable at the rates specified in the Schedules to the respective Acts.

Goods and Services Tax(GST) is a comprehensive tax levied on manufacture, trade and services across India. From 1st July, 2017 GST has replaced most of Centre and State imposed indirect taxes like VAT, Service Tax , Excise etc. Goods and Services Tax Identification Number (GSTIN) is a 15 digits state-wise PAN-based number to be used to identify businesses registered under GST. Click here to know your GSTIN.

HSN (Harmonised System of Nomenclature) code shall be used for classifying the goods under the GST regime. Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use 2-digit code and the taxpayers whose turnover is Rs. 5 crores and above shall use 4-digit code. Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices. Services will be classified as per the Services Accounting Code (SAC)

Imports of Goods and Services will be treated as inter-state supplies and IGST will be levied on import of goods and services into the country. The incidence of tax will follow the destination principle and the tax revenue in case of SGST will accrue to the State where the imported goods and services are consumed. Full and complete set-off will be available on the GST paid on import on goods and services.

Exports will be treated as zero rated supplies. No tax will be payable on exports of goods or services, however credit of input tax credit will be available and same will be available as refund to the exporters. The Exporter will have an option to either pay tax on the output and claim refund of IGST or export under Bond without payment of IGST and claim refund of Input Tax Credit (ITC).

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