GST Registration

GST Registration

Explore more about GST Registration

The Goods & Services Tax (GST) is applicable to Indian service providers (including freelancers), traders and manufacturers. GST combines a variety of central and state taxes including Service Tax, Excise Duty, CST, and Octroi, VAT as of July 1, 2017.  

Every product goes through multiple stages along the supply chain, which includes the purchasing of raw materials, manufacturing, sale to the wholesaler, selling to the retailer and then the final sale to the consumer. All steps of the supply chain are to be charged GST, with a full set-off available. The procedure for GST is entirely online and requires no manual intervention.

Components of GST

GST has 3 components i.e; Central (CGST), State (SGST) and Integrated (IGST). Intra-state transactions will attract SGST levied by state and CGST levied by the centre, whereas Inter-state transactions will attract IGST levied by the centre.

Who needs a GST Registration ?

  • Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)
  • Businesses with turnover above the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh
  • Casual taxable person / Non-Resident taxable person
  • Agents of a supplier & Input service distributor
  • Those who are paying tax under the reverse charge mechanism
  • Every e-commerce aggregator

Penalties involved under GST Act

  • Not having GST Registration : 100% tax Due or Rs10,000. Whichever is higher
  • Not giving GST invoice : 100% tax due or Rs10,000. Whichever is higher
  • Incorrect Invoicing : Rs 25,000
  • Not filing GST Tax Returns : For Nil Return its Rs 20 Per Day, Regular Returns Rs 50 Per Day.
  • Choosing Composition Scheme even if not eligible : 100% tax due or Rs10,000. Whichever is higher

Documents Required for GST Registration

Sole Proprietor/Individual

  • PAN Card of proprietor
  • Aadhar card of the proprietor
  • Photograph of the proprietor
  • Bank Account details
  • Address Proof of proprietor

LLP / Partnership Firms

  • PAN card of all partners
  • Copy of partnership deed
  • Photograph of all partners and authorised signatories
  • Address proof of partners
  • Aadhar card of authorised signatory
  • Proof of appointment of authorized signatory
  • Bank account details
  • Address proof of principal place of business

Private Limited Company

  • PAN card of Company
  • Certificate of incorporation given by Ministry of Corporate Affairs
  • Memorandum of Association / Articles of Association
  • PAN card and Aadhar card of authorized signatory
  • PAN card and address proof of all directors of the Company
  • Photograph of all directors and authorised signatory
  • Bank account details
  • Address proof of principal place of business
What profit do you get

Benefits of GST Registration

  • Bank Loans

    GST registration and GST return filing serve as proof of business activity and create track record for a business. Banks and NBFCs lend to businesses based on GST return data.

  • Supplier Onboarding

    To become a supplier of reputed companies, GST registration is often times a must during the supplier onboarding process.

  • Input Tax Credit

    Entities having GST registration are eligible to collect GST from customer for the supply and offset the liability against GST taxes paid while purchasing various goods and services.

  • eCommerce

    GST registration is a must to sell online and through various platforms like Amazon, Flipkart, Snapdeal, Zomato, Swiggy, etc.,

Simplified Registration Process

Experience the Easy and Hassle-Free Registration process with us.​

We understand your urgency about getting legal. Therefore, we provide a hassle-free legal process. Complete any Registration in just 4 steps.

Popular Questions

Frequently Asked Questions

We encourage you to come up with any sort of questions related to legal documentation or any of our service, methodology implemented, quality assurance etc.

We give our best in providing consultation and give a quality output. Here are set of few questions which our beloved clients ask frequently, have a look at them. 

There are four GST types namely

- Integrated Goods and Services Tax (IGST)

- State Goods and Services Tax (SGST)

- Central Goods and Services Tax (CGST), and

- Union Territory Goods and Services Tax (UTGST)

Note: The taxation rate under each of them is different.

If a business operates in more than one state, the taxpayer must register for GST in each state separately.