As per GST jurisdiction, any business operations whose annual turnover exceeds Rs 40 lakhs must register as a separate taxable provision. This procedure is called GST Registration Online. It takes around 2-6 working days to get the GST registration. As per GST jurisdiction, if you're doing any business without GST registration, it's considered as an offence.
GST or Goods and repair 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 buyer in touch only GST which is charged by the last dealer within the chain of trade and provide .
As per GST Regime, any business operation whose annual turnover is exceeding quite Rs.40 lakh is required to register as a traditional taxable individual. However, there's an exclusion for hill states and North East, the annual turnover is exceeding quite Rs.20 Lakh for them.
To obtain GST Registration Online is mandatory for all type of businesses whose turnover comes under the above-mentioned criteria. If a business entity carries any business activities without GST registration, it'll be conceived as a punishable offence and therefore the business and its owner are going to be susceptible to pay heavy penalties and legal issues.
Documents for Online GST Registration Online in India
The documents needed for the GST Registration Online differs counting on the sort of business. Below is the list of documents needed:
Proprietorship
Id Proof that has PAN Card or Aadhar Card
Address proof of the proprietor
LLP Or Limited Liability Partnership
1. PAN Card
2. LLP Agreement
3. Name and Address Proof of the partner
For Private Limited Company
1. Certificate of incorporation
2. Pan Card
3. Article of Association (AOA)
4. Memorandum of Association (MOA)
5. Identity and Address proof of the Director of the company
6. Digital Signature Certificate
For Address Proof Of Directorship:
1. Passport of the applicant
2. Voted ID Card and Aadhar Card
3. Telephone or electricity Bill
4. Ration Card and the Driving license
5. Latest Bank Account Statement
Procedure to Download the GST Registration Online Certificate
Following is the step-wise method to download the GST Registration Online Certificate: