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Goods & Service Tax
If your business turnover is above the threshold limit of 20Lac; then doing business without having Gst registration is offence.
Contact us to Get your GST today in Bangalore.
Benefits from GST registration
It gives you legal rights to sell your products or service anywhere in India.
You will be legally authorized to collect the Gst tax.
You will get Concession, if your under smaller business
You will be recognized to supply of goods or services.
One Nation one Gst brings uniformity rate across India
If you wish to register a GST, all you need to do is share your basic documents (Pan, aadar, Rental agreement, Electric bill) and business activities, we will quickly review and update you for next process of the GST registration.
Complete your GST registration in Bangalore in less than 7 Days. GST filings in Bangalore and GST support services
Goods & Service Tax is simple and has consolidated many indirect taxes.
Entire India now runs under a single flat form at GST.Gov.IN tax system. It has replaced the service-tax, excise, VAT, entertainment, luxury, octroi, and CST.
The Gst compliances, starting from registration to Filings, shall be appropriately managed; otherwise, after some years, any lapse in the Gst filings, Returns shall lead to Gst office notice.
1. The Taxpayer are legally recognized as a supplier of goods or services.
2. He would be legally authorized to receive the Gst input tax from his customers and pass on the credit of the taxes paid on the products or services supplied to the purchasers/ recipients.
3. 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.
4. Seamless flow of Input tax credit from suppliers to recipients at the national level
1. Documentation – A Gst incharger will get in touch with you to get your documents together with a clear 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.
2. 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 are going to apply for GST Registration by online and get you the ARN immediately.
3. GST Certificate – Once we applied for the GST registration, the officer will verify the form and approve the filing of the GST application form. After successful filing of form your GSTIN and GST Certificate will be generated which means you will have your GST number. Note that It generally takes 3 to 7 working days to get the GST certificate if the form and documents are correctly filed.
1. PAN of applicant
2. Aadhar Card (color)
3. Address Proof of business
4. Proof of business or registration
5. Identity and Address Proof of Directors with photographs
6. Bank Account Statement or cancelled Cheque
7. Authorization Letter
8. Digital Signature (not required in proprietorship firm)
All businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also known as GSTIN (GST Identification Number).
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.
The “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, in that case, GSTIN is required to be obtained for each state separately. We have special prices for multi-state registrations. You may specifically mention this to your compliance manager to avail benefits.
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 –
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.
Once GST certificate is granted, the registration is valid until it is surrendered or canceled or suspended. Only GST certificate issued to a non-resident taxable person and a casual taxable person has a validity period.
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.
TeamIndia provides its services all across India.
We make our clients Business successful by providing solid business control with compliance as base.
PATH TO SUCCCESS
Team IN Filings office Bangalore, make sure to support to your business in each stage to achieve your business
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