GST Registration
Apply GST Registration Online with Kanakkupillai! As per GST legal process, any business operations or any entity with an annual turnover exceeding Rs 40 lakhs must undergo the GST Process/Procedure in india as a separate taxable provision.
GST or Goods and Service Tax - One Nation One Tax
Being the most important tax reform in India, GST levied on the products and services which incorporates both the Central taxes (CST, Service Tax, Excise Duty) and State taxes (VAT, Entertainment Tax, Luxury Tax, Octroi). This will help the consumer to bear only GST which is charged by the last dealer in the chain of trade and supply.
As GST portal login, any business operation whose annual turnover is exceeding more than Rs.40 lakh is needed to register as a normal taxable individual. However, there is an exclusion for hill states and North East, the annual turnover is exceeding more than Rs.20 Lakh for them.
To obtain Apply GST Registration Online is mandatory for all types of businesses whose turnover comes under the above-mentioned criteria. If a business entity carries any business activities without GST registration, it will be conceived as a punishable offense and the business and its owner will be liable to pay heavy penalties and legal issues.
Who is eligible for GST Registration Online?
The person who is registered under GST registration such as Excise, VAT, Service Tax Businesses that hold turnover exceeding more than Rs. 40 Lakh and Rs. 20 Lakh for the North Eastern States, Himachal Pradesh, Jammu and Kashmir, and Uttarakhand. Non-Resident Taxable person and Taxable person Input Service Distributor and Agents of Supplier Individuals who are paying taxes as per the Reverse Charge Mechanism. Individuals who supply via e-commerce aggregator Individual supplying online database and knowledge access from a location which is outside India to a private in India.
What are the benefits of GST Registration?
For normal registered businesses:
1. Take input tax credit
2. Make interstate sales without restrictions
B. For Composition dealers:
1. Limited compliance
2. Less tax liability
3. High working capital
C. For businesses that voluntarily opt-in for GST registration (Below ₹ 20 lakhs)
1. Take input tax credit
2. Make interstate sales without restrictions
3. Register on e-commerce websites.
4. Have a competitive advantage compared to other businesses
Documents Required for GST Registration
• PAN of the Applicant
• Aadhaar card
• Proof of business registration or Incorporation certificate
• Identity and Address proof of Promoters/Director with Photographs
• Address proof of the place of business
• Bank Account statement/Cancelled cheque
• Digital Signature
• Letter of Authorization/Board Resolution for Authorized Signatory