GST Registration

GST Registration in India:-

Now, all tax incorporated into a single tax, called GST. GST refers to the Goods and Services Tax and can be concluded as all in one tax. GST Registration in India We at Jcs Certifications provide GST registration for your business, so be ready to spread your business. If your annual sale is 20 lakhs or more than 20 lakhs, then GST is primarily suggested. Nature of goods and services you are selling is responsible for the tax rates. Variations may be observed from 0% to 28% for GST Registration in India.

GST Return Filing & Payment in India: GST Registrant has to file 3months/quarterly returns and one annual return. Tax is needed to pay every month after getting GST Registration in India.

GST Composition Scheme in India: The business organizations owing the turnover less than 1 crore can go with GST composition  scheme in India.The process to get will take only 2-6 working days.

Who all need GST Registration in India?

⦁ Having an annual aggregate turnover from all-India operations which is above the threshold limit of Rs. 20 Lakhs (Rs. 10 Lakhs for North-Eastern States).
⦁ The one who is currently registered under any of the earlier indirect tax regimes (VAT, Excise Laws, Service Tax Laws) irrespective of the threshold limit.
⦁ GST Registration is needed by one having branches in multiple states or multiple business verticals in one state.
⦁ Making any supply to other states.
⦁ Under Reverse Charge, it is required to pay tax (In case your supplier is not registered under GST).
⦁ It is required to deduct tax at source or an Input Service Distributor.
⦁ Agents of a supplier.
⦁ GST Registration is needed by one who is supplying goods or services through E-commerce Operator.
⦁ GST Registration in India is also needed by the E-commerce Operator / Aggregator who supplies goods or services under his brand name (e.g. Flipkart, Amazon, Ola).

Documents Required for GST Registration in India:-

⦁ Aadhaar Card of owners/directors or partners is needed for GST Registration in India.
⦁ A PAN Card of owner/directors/partners is needed.
⦁ MOA/AOA or Partnership Deed is needed.
⦁ Bill of Telephone/Electricity/Rent Agreement or Letter of consent (NOC) is needed.
⦁ Cancel cheque or bank statement is needed.

Advantages Of Of GST Registration In India:

1)The taxpayer is authorized to collect taxes from his GST Registration in India customers and pass on the credit of the taxes paid to them.

2) There will be seamless flow of Input Tax GST Registration in India Credit from suppliers to recipients at the national level.

3) The taxpayer can claim Input GST Registration in India Tax Credit of taxes paid to his suppliers and can utilize the same for payment of taxes due.

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