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GST Registration

Make your business GST Compliant. Never lose on GST input credit ever. Obtain your GST Registration Online at INR 2,599/- only.

 
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GST Registration

All you need to know about GST Registration

GST Registration is applicable on all goods and services except Petroleum products as of now. Goods & Service Tax (GST) is a consolidated tax, which essentially means that State and Central Indirect taxes have been merged. Entire country now operates under a uniform tax system. It now replaces service tax, excise, VAT, entertainment tax, luxury tax, octroi, CST etc.

GST Registration Process in India is completely online. It requires no manual intervention or no physical paper submissions. A very simple procedure has been prescribed for GST Registration.

The GST exemption limit earlier was Rs 20 lakhs for all the businesses and services. But now with latest amendment Businesses with an annual turnover of up to Rs 40 lakh are exempted from GST. Additionally, those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay only 1% tax. However, for services the exemption limit of turnover is still 20 lakhs. Also, service provider having turnover up to 50 lakhs can opt for composition scheme for services and pay only 6% of tax

Hence, it would be compulsory to get GST registered only for traders, manufacturers, businesses, individuals, professionals etc, whose turnover (sales) exceed INR 40 Lakh. If your sales are less than INR 40 Lakh, you may also voluntarily opt for GST Registration in case you wish to avail the benefits of Input Tax Credit. Further, all persons who make interstate purchase or sales of services or goods have to apply for GST registration. Above limits do not apply to them.

Aadhaar Card is mandatory to get GST registration:

A new system for new GST registration has been introduced and activated from 21st August, 2020 where the Aadhaar card is now mandatory for GST registration. That means, the applicant who are seeking for GST registration now will be given an option to select if he wishes to authenticate Aadhaar or wishes to opt for physical verification. If the applicant opts for Aadhaar authentication for his GST registration then the applicant will get his / her GST registration in just three days.

Need and Advantages of GST Registration 

The GST Registration will confer the following advantages to a taxpayer:

  • The Taxpayer will be legally recognized as a supplier of goods or services.
  • He would be legally authorized to collect tax from his customers and pass on the credit of the taxes paid on the goods or services supplied to the purchasers/ recipients.
  • He can claim input tax credit of taxes paid on his purchases / procurements and can utilize the same for payment of taxes due on supply of goods or services.
  • Seamless flow of Input tax credit from suppliers to recipients at the national level

Thinkbiz filings is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. GST Registration in India is easy, seamless, cheapest and quickest with Thinkbiz fIlings! Apart from a GST Registration, Thinkbiz filings also helps you with free GST Advisory, GST Return filingTDS Returns filingTrademark Registration and a host of other services easily. You may get in touch with our compliance manager on 09704561215or email info@Thinkbizfilings.com  for online gst registration and GST Registration services. Find out here how to get GST number, how to apply for GST in India and documents required for GST registration. GST Registration in India is easy, seamless, cheapest and quickest with Thinkbiz filings!

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Obtain GST Registration

Points to make your decision easy

GSTIN

A GSTIN (GST Identification Number) is a unique PAN-based GST Registration Number issued by the GST authorities on successful registration in India. It is used to log in to GST portal and needed to claim input credits.

GST registration limit

GST Registration is compulsory for persons, whose turnover exceed INR 40 Lakh. If your sales are less than INR 40 Lakh, you may voluntarily opt for GST Registration if you wish to avail benefits of ITC. In northeast states, a limit is INR 10 Lakh. It is also required for interstate purchase or sales of services or goods.

GST Rates

A GSTIN (GST Identification Number) is a unique PAN-based GST Registration Number issued by the GST authorities on successful registration in India. It is used to log in to GST portal and needed to claim input credits.

Exemptions

Composition Scheme is applicable to small businesses whose turnover is up to INR 1.50 Crore. This means that these businesses do not have to charge and pay regular tax rates. Instead, they have a liberty to discharge GST liability @1% in case of traders and manufacturers and 5% in the case of restaurants.

SGST, CGST & IGST

SGST is State GST, CGST is Central GST and IGST is Integrated GST. In case of intrastate(within state) sales or purchase, SGST and CGST are equally levied. In the case of interstate (between states) trade, IGST is applicable.

Benefits

Persons who wish to register voluntarily have many advantages. They can avail input tax credit. They can make interstate transactions without any restrictions. They may register on e-commerce websites and grow business. In all, they will have a competitive advantage over other un-registered businesses.

Documents Required for GST Registration

How to get GST Number online?

4 Easy Steps

Fill a Simple Checklist

A Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for processing. Our team of experts will verify the documents. Our team of experts will verify the documents provided by you and take the procedure further.

Application

Once our expert team completes verification process of your documents, the team will proceed with registration formalities. All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of GST Registration. We will apply for GST Registration online and provide you ARN immediately.

GST Certificate

Once our expert team completes verification process of your documents, the team will proceed with registration formalities. All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of GST Registration. We will apply for GST Registration online and provide you ARN immediately.
FAQs on GST Registration
Get answers to all your queries
  • All businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also known as GSTIN (GST Identification Number).
  • • Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.) • Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand) • Casual taxable person / Non-Resident taxable person • Agents of a supplier & Input service distributor • Those paying tax under the reverse charge mechanism • 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
  • Yes, the process for registration of GST is completely online and paperless. You don’t have to move out of your home or office. We do all the paperwork and submit an application online.
  • he “Aggregate Turnover” means total turnover of a person having the same PAN in respect of the following: (i) All taxable supplies including interstate supplies (ii) Exempt supplies (iii) Exports of goods and/or service The above shall be computed on all India basis and excludes taxes charged under the CGST Act, SGST Act and the IGST Act.
  • Yes, it is mandatory to obtain GSTIN in case of certain categories of persons. The major categories are given below: (i) Persons making any Inter-State taxable supply of Goods / Services (ii) Persons who are required to pay tax under Reverse Charge Mechanism (RCM) or Persons who are required to deduct tax under GST (TDS) (iii) Persons who supply goods and/or services on behalf of other registered taxable persons whether as an agent or otherwise (iv) Input service distributor (v) Casual taxable persons or Non-resident taxable persons
  • Yes, it is mandatory to obtain GSTIN in case of certain categories of persons. The major categories are given below: (i) Persons making any Inter-State taxable supply of Goods / Services (ii) Persons who are required to pay tax under Reverse Charge Mechanism (RCM) or Persons who are required to deduct tax under GST (TDS) (iii) Persons who supply goods and/or services on behalf of other registered taxable persons whether as an agent or otherwise (iv) Input service distributor (v) Casual taxable persons or Non-resident taxable persons
  • Before you apply for a GST Registration as a normal taxpayer, it is mandatory to obtain a PAN.
  • Yes surely, Government grants some special exemptions for small businesses like yours. You may opt for composition scheme under which you will have to pay GST @1% only. If you are a restaurant, the rate is 5%. However, you can not claim GST Credit if you opt so. You need to file only 1 return per quarter. This scheme is not applicable if you are – • Service providers • Inter-state sellers • E-commerce sellers • Supplier of non-taxable goods • Manufacturer of Notified Goods
  • No. As an unregistered dealer, you can not do so. You will have to register yourself under GST to be able to claim ITC.
  • Upon successful submission of application, you will obtain GSTIN usually within 4-6 working days.
  • Is there any validity of GST Certificate?
  • Registration under GST is PAN based. That means one registration for one PAN holder. Your partnership firm will have a separate PAN which is unique. And you will also hold your own PAN for you as individuals. So, both firm and individual business of the partners will have separate registration under GST.
  • Thinkbizfilings provides Proprietorship Registration all across India. You can obtain Proprietorship registration in Hyderabad, Vijayawada,Pune, Bangalore, Chennai, Delhi, Kolkata, or any other cities easily with us.
  • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215
2024