GST RETURN

GST Registration Procedure: GST is a consumption based indirect tax. GST in India is called as Goods and Services Tax (GST) which is an indirect tax levied on the supply of goods and services in India.

  1. Good News! Starting July 1, GST will replace all the existing state and local taxes like sales tax/VAT, octroi, entry tax and luxury tax. From July 1 onward every trade and commerce will be taxed with a single point GST.
  2. We are going to try to help you with the GST Topic below:
    • GST Registration
    • Filling of GSTR-3B
    • Reconciliation of GSTR-2A/2B
    • Filling of GSTR-1
What Is GST Registration : 

Registered taxable person will be allotted for each State/ UT having business places a PAN-based 15-digit GST Identification Number (GSTIN).


Who Should Register for GST?  :

GST Registration must be completed by the following individuals and organizations:

  • Persons making any inter-state taxable supply of goods
  • Non-Resident Taxable Person and Casual Taxable Person
  • Individuals who pay tax under the reverse charge mechanism
  • Input Service Distributor
  • Person selling goods or services through e-commerce operator
  • Every e-Commerce operator who is required to collect tax at source
  • Businesses that have a turnover that exceeds Rs.40 lakh. In the case of Special Category States have a turnover that exceeds Rs.20 lakh
  • Persons providing services need to register if their aggregate turnover exceeds Rs.20 lakh (for normal category states) and Rs.10 lakh (for special category states).
Documents Required for GST Registration
  • PAN card
  • Aadhaar card
  • Business address proof
  • Bank account statement and cancelled cheque
  • Incorporation Certificate or the business registration proof
  • Digital Signature
  • Director’s or Promoter’s ID proof, address proof, and photograph
  • Letter of Authorisation or Board Resolution from Authorised Signatory