123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

How Do I Register Under Gst In india?

Profile Picture
By Author: Mohit Yadev
Total Articles: 74
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

GST Registration
The date of April 1, 2017 draws closer and businesses are eager to understand and follow the new regulations set up by the GST Council. But where do businesses get started? In this post, we will share a guide to GST Registration with essential information that you need to know:
Understand the Registration Requirement:
Any person with a taxable supply turnover of over Rs.25 lakhs is required to register for GST in India. There is also a mechanism available for voluntary GST registration to help claim input tax credit. The term “person” under GST law, who are required to pay it, includes proprietorship, partnership firms, Hindu Undivided Family, Company, LLP, Society and any other legal entity. GST registration must be obtained within 30 days of exceeding the Rs.25 lakh turnover limit. In the case of individuals or entities with existing service tax or VAT registration, the procedure for migrating the VAT or Service Tax registration as a GST Filing Utility will be announced in due course.
Do you need a GST Registration Number?
It is expected that GST registration would be provided ...
... based on your PAN number. Another major advantage of GST implementation is that the same GST registration number can be used in all states across India. Under the current VAT regimen governed by the State Governments, a VAT dealer must obtain VAT registration in each of the State, incurring additional cost and compliance formalities.
Documents Required for GST Registration:
The following documents would be required to obtain GST registration:
GST Registration — Enrollment Plan of States
The following table has the information on when GST registration will begin and conclude, according to the state.
Online GST Registration Procedure:
Registrations for GST can be done online through a portal (https://www.gst.gov.in/) maintained by the Central Government or State Government. The applicant will have to submit an online application for GST registration using Form GST-1 along with detail of the good and services to be dealt. Online payment for the registration fee would be made available and temporary GST registration number would be provided on submission of application. On submission of the application, the applicant would have to print a copy of the application, attach the documents mentioned above and courier the same to the GST department. On verification of the application, final GST certificate will be issued by the concerned officer. GST registration procedure is expected to be a completely online process, similar to the service tax registration process.
It’s a simple, streamlined process to follow. Your taxes will be simplified to a large extent and your business will experience the easy flow of goods across state lines. The GST is an important step towards good governance and you do not have to worry about be taxed multiple times. It’s time to get started with your GST registration.

Total Views: 340Word Count: 456See All articles From Author

Add Comment

Business Articles

1. How Global Trade Finance Facilitates Cross-border Transactions And Reduces Risk
Author: Riddhi Divan

2. Innovative Uses Of Nickel In Cryogenic And Marine Environments
Author: Online fittings

3. Implementing Predictive Analytics In Your Abm Toolkit
Author: SalesMark Global

4. Comparing The Top 5 Live Commerce Platforms For 2024
Author: Amy Williams

5. Data-driven Precision Marketing For Effective Demand Generation
Author: SalesMark Global

6. Supercharge Your Sales With Optimized Pipeline Velocity
Author: SalesMark Global

7. Best Japan Tour Packages
Author: bharathi

8. Adani Group Stocks Down 20%; Gautam Adani Indicted In Us Over Bribery Charges
Author: Bizzbuzz

9. High-performance Ss Round Bars: Addressing The Energy Sector's Needs
Author: Neelkamal Alloys LLP

10. The Role Of Modern Washroom Solutions In Maintaining Cleanliness
Author: ritika krishna

11. Why Choose Premium Taxi Services In Kochi?
Author: maya

12. Black Magic Astrologer In Kasaragod
Author: Sripandith05

13. The Health Benefits Of Adding Pineapple To Your Pancakes
Author: maya

14. Top Luxury Resorts In Kerala For Your Dream Vacation
Author: maya

15. How To Start Your Shopping Website In Doha: A Simple Guide
Author: maya

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: