GST REGISTRATION
Goods and Services Tax is single tax combining VAT, CST, Service Tax, Excise duty, Entertainment Tax, etc and
has been applicable all over India since 1 July 2017. Rates of GST varies between 0% to 28%.
Registration of GST is mandatory if,
- Annual turnover exceeds Rs. 20 Lakhs ( Rs. 10 Lakhs in case of North Eastern States)
- Sale of Goods or Services outside your own state ( Iner-state)
- Running E-commerce Company
However, any business can take voluntary registration and claim input tax credit on purchases or Services taken by filing return.
Here we mean to say Tax Refund on Purchases or Service Taken.
Documents required for GST Registration :
1 PAN Card Copy of the Company/Firm/Proprietor
2 PAN Card Copy of the Directors/Partners ( incase of Company/Firm)
3 Business Address Proof ( Electricity/ Telephone Bill, Rent Agreement with NOC from owner)
4 Proof of business registration ( Certificate of Incorporation/Partnership Deed)
5 Bank statement/ Cancelled Cheque of Business Entity
6 Aadhaar Card of owners/ directors/ partners.
7 Photograph of Owner/Directors/Partners
8 Digital Signature of Authorised Signatory
