Gst registration applied to business, where the turnover is crossed the
certain limit, currently for service sector its Rs.20Lac a year, and for
the Manufacturing its Rs.40Lac
The business owner, once the turnover touches to the above limit, it
shall register his business under Gst Act.
Documents required for Gst registration are:
- Basic Kyc documents like, owner pan, Aadhar, photo, email and mobile
number
- Firm, company – registration documents
- Rent agreement or electric bill of the business place
- Authorization letter for Gst registration if its related to Company or
Firm.
Gst Returns at www.Gst.gov.in
Gst return is a monthly reporting filing with Gst system at
www.Gst.gov.in
There are many returns under Gst, mainly.
Gstr-1, which is invoice wise upload
Gstr-3B which is monthly Gst liability payment
Gstr-9, annual return
Gst Process
Gst registration shall be applied through Gst portal by creating
registration, once the Gst registration applied, you will get the TRN.
The official website of Gst is https://www.Gst.gov.in/ after providing
the basic details, TRN would be generated to proceed with further
documents submission.
Gst login
After Gst registration gets approved, Gst office will provide the user
ID and temporary password to login to GST system for compliance of the
Gst law.
Eway billing
EWay Bill is an Electronic transport bill for the movement of goods to
be generated on the Gst system of eWay Bill Portal. A GST registered
person cannot transport if there goods value is more then 50,000 without
making e way bill.
After Gst registration gets approved, Gst office will provide the user
ID and temporary password to login into GST system for compliance of the
Gst law.
Gst search
To check the correctness of the GST number with the goods or service
owner, Gst has provided link to check there details, Gst can be chaeced
by way of providing pan or gst number.
Go to the option Search Tax Payers; click on the tab “Search by PAN”.
Enter the PAN number for which you want to know the GST number and then
press the SEARCH.
Gst verification
Gst verification helps to identify the seller or service provider is in
the active or not.
If the seller is in-active for any reason, then you should not deal or
business with that person to avoid the Gst compliance issue in future.
Go to the option Search Tax Payers; click on the tab “Search by PAN”.
Enter the PAN number for which you want to know the GST number and then
press the SEARCH., it will show the Gst status.
Gstin or Gst number
Gstin is 15 digit number, provided by Gst office for every registered
Gst owner.
Gstin is mandatory to quote in there each invoice/ billing and display
the Gstin in there business premises.
Gst filing
Gst return is a monthly reporting filign with Gst system at
www.Gst.gov.in
There are many returns under which below 3 types are mains.
Gstr-1, which is invoice wise upload to Gst system.
Gstr-3B, which is monthly Gst liability payment to be made as per
liability.
Gstr-9, annual return to be filed once a year.
Kindly note, Gst return filing is compulsory, many Gst holder forgot or
ignore to file, and that result in huge penalty and closer of Gst
account.
Gst suvidha kendra
Gst suvidha Kendra is one stop Gst facility services for the Gst and
business owners. Team IN Filings is part of the Gst suvidha center,
where in provides all the Gst related services at one desk.
Team IN Filings
Tax and Law Practitioners, having its office at Bengaluru, most trusted
partner for Gst, Indirect tax. It is a professionally managed firm
having a team of experienced Company Secretary, Chartered Accountant,
Lawyer and Tax consultant to provide services like Gst and
representation of tax-efficient business model.
Kindly connect with Team IN for any Gst matters at below our address.
