Top
FSSAI Registration in Jhansi

Any new taxation system such as GST brings lot of issues at the beginning and it takes time in implementing the same.Having basic knowledge of GST will make it easy for you to understand the need of your business.

So, who is required to get registered under GST:- If you are a service provider or supplier of goods and your Turnover exceeds 20 Lakhs. The limit is 10 Lakh for North Eastern States.

Mandatory registration for these: Casual Traders/Ifyou are liable to deduct TDS/Agents of personsproviding Taxable Service/Non-resident Person.

What if you do not register? Penalty of 10% of Tax due subject to minimum of Rs.10,000. The higher side could be 100% of the tax amount due when it’s a fraud case.

Is separate registration required for if one has different business verticals? Yes

Surity

Documents Required for GST Registration

  • PAN Card of owner/ directors/ partners
  • Bill of Electricity/ Telephone, Rent Agreement or Letter of Consent (NOC)
  • MOA/ AOA or Partnership Deed
  • Letter of Authorisation for signatory
  • Bank statement/ Cancelled Cheque
  • Aadhaar Card of owners/ directors/ partners
FAQ(GST Registration)

The taxable person has to apply on the common portal within 30 days. He will declare in the application, the stock held on that date, amount of dues and credit reversal and particulars of payments made towards discharge of such liabilities. If satisfied, the proper officer will cancel the registration within 30 days.

No, there is no concept of a central GST registration. Every PAN holder will have one GSTIN per State.Therefore, an entity having its branches in more than one state will have to take separate state wise registrations for each of its branches in different states even if they hold a single PAN.

A Non-Resident taxable person is one who is a foreigner and occasionally wants to effect taxable supplies from any State in India, and for that he needs GST registration.

Due to deferment in notifying the applicability of TDS and TCS (e-commerce operator) provisions under GST, Registration for the same will open from 25th July 2017.

ISD means Input Service Distributor. It is like a head office that receives the tax invoices of input services and then further distributes the credit of tax paid by it to its units proportionately.The ISD registration is different from the normal registration for the taxpayer.

A Casual taxable person is one who has a registered business in some State in India, but wants to effect supplies from some other State in which he is not having any fixed place of business. Such person needs to register in the State from where he seeks to supply as a Casual taxable person.