Online GST registration India

Online GST Registration in India

Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services across India. Introduced on July 1, 2017, GST has replaced multiple indirect taxes like VAT, service tax, excise duty, and more, creating a unified tax system. GST registration is mandatory for businesses meeting certain criteria. 

GST Registration in Ghaziabad, Delhi NCR

GST registration is the process of enrolling your business under the GST regime. Once registered, you receive a unique GST Identification Number (GSTIN), which is used for filing returns, claiming input tax credits, and complying with GST laws.

Special guidance on How to sell on Flipkart, Amazon, Myntra, and other e-commerce marketplaces. 

Who Needs GST Registration?

GST registration is mandatory for:

  1. Businesses with turnover exceeding the threshold limit:
    • Rs. 40 lakhs for goods (₹20 lakhs for special category states).
    • Rs. 20 lakhs for services (₹10 lakhs for special category states).
  2. E-commerce sellers:
    • Businesses selling on platforms like Amazon, Flipkart, or Swiggy.
  3. Inter-state suppliers:
    • Businesses supplying goods or services across state lines.
  4. Casual taxable persons:
    • Individuals or businesses supplying goods/services occasionally.
  5. Input Service Distributors (ISD): Businesses distributing input tax credits.
  6. Non-Resident Taxable Persons:
    • Foreign entities supplying goods/services in India.
  7. Agents and Suppliers:

Online GST Registration in Ghaziabad

Benefits of GST Registration

There are many benefits or advantages of getting GST registration for businesses/startups. Some of the key benefits are as follows:

1. Legal proof of business

GST registration is mandatory for businesses with an annual turnover exceeding a certain threshold. By registering for GST, businesses can comply with legal requirements and avoid penalties or legal action.

2. ITC (Input tax credit) benefit:

GST-registered businesses can claim ITC (input tax credit) for GST paid on purchases made for business purposes, such as raw materials or office supplies. This can reduce the overall tax liability and improve cash flow.

3. Increased credibility of business

GST registration can enhance a business’s credibility, as it demonstrates compliance with tax laws and regulations. This can improve customer trust and help businesses to build a strong reputation in the marketplace.

4. Increased competitiveness

GST registration can help businesses to compete on a level playing field, as all registered businesses are subject to the same tax rates and regulations. This can reduce unfair competition and encourage a more competitive marketplace.

5. Inter-state transactions

GST registration is necessary for businesses engaged in inter-state transactions. It can simplify the process of tax compliance and reduce the administrative burden.

Overall, GST registration can offer several benefits to businesses, including legal compliance, tax benefits, improved credibility, competitiveness, access to online platforms, and ease of cross-state transactions.

GST Registration Process

The GST Registration process is completely online and hassle-free. You can get your GST certificate while seating at your home via Shubham Anand & Co. We offer GST Registration services in Ghaziabad, Noida, Delhi NCR, and all over India.

New GST Registration available for:

Documents Required for GST Registration

List of documents needed to make an application for GST (Goods & Services Tax):

Documents required for GST Registration

GST Documents in Case of Individual Applicant

  1. PAN Card* of Individual
  2. Aadhaar Card Copy
  3. One Photo (latest passport-size color photo)
  4. E-mail id (OTP needed)**
  5. Mobile No. (OTP needed)**
  6. Electricity Bill Copy for the principal place of business
  7. NOC or Consent letter (format will be provided by us)

*PAN is mandatory for registration with GST. In case you don’t have PAN, you can apply for PAN.  Contact us to apply your PAN in fast-track mode.

One Time Password (OTP) will be sent to your email address and mobile number for authentication/ verification.

Documents list in case GST applicant is a Private Ltd Company

  1. PAN Card of  Directors
  2. Aadhaar Copy of Directors
  3. Company Incorporation Certificate (COI)
  4. PAN of Company
  5. Company Bank Account Details (Cancelled Cheque or Bank Statement)
  6. Electricity Bill Copy / Rent Agreement for the principal place of business
  7. NOC or Consent letter (format will be provided by us)
  8. Board Resolution copy (format provided by us)

Fees for GST Registration

Professional fees for GST registration vary from applicant to applicant. It depends on the applicant’s legal status such as Individual, Partnership firm, LLP, and Company.

Compliances after GST Registration

Once a business is registered under GST, it is required to comply with GST laws. Therefore, You have to comply with GST Laws once you get a GST registration certificate. Some of the key GST compliance requirements are:

1. Issue of GST Invoice:

You need to create a Tax invoice (GST Invoice) for every taxable business transaction in a format as prescribed under GST Laws. GST invoice must contain certain mandatory details such as the GSTIN of the supplier and recipient, invoice number and date, the amount of GST charged, and the HSN / SAC code of the goods or services supplied.

These are the mandatory fields a GST Invoice should have:

  • Invoice Number
  • Invoice date
  • Customer name
  • Customer and taxpayer’s GST number
  • Shipping and billing address
  • Place of supply
  • HSN code or SAC code (as the case may be)
  • Item details (such as description, quantity, unit, total value
  • Taxable value and discounts if any
  • GST Rate and amount of taxes (CGST/ SGST/ IGST)
  • Signature of the supplier

2. Filing of GST Returns

After allotment of GTIN number, businesses are required to file regular GST returns. They are required to file Monthly and Quarterly returns as applicable. Monthly GSTR-3B Return and GSTR-1 on a quarterly basis if business turnover is up to 5 Crore.

Therefore, returns must be filed on or before the due date, and any taxes due must be paid within the prescribed timeline.

3. e-Way Bill

Creation of e-Way Bill wherever applicable.

An e-way bill is an electronic document required for the movement of goods worth more than Rs. 50,000 under the GST Act.

The e-way bill is generated online through the e-Way Bill Portal, and it contains details of the consignment, such as the name of the supplier and recipient, the invoice number and date, the quantity and value of the goods, and the vehicle number in which the goods are being transported.

4. Payment GST Tax

Payment of GST Tax on or before the due date to the Govt. After getting GST, you are required to pay GST on all taxable supplies made. The GST paid on inputs can be claimed as an input tax credit (ITC) against the output tax liability.

5. GST Annual Return

Filing of GST Annual Return (GSTR-9).