Goods and services tax registrations is abbreviated as GST. A GST has been introduced recently by our honorable Prime Minister Narendra Modi. Most of you may not be aware, whether you are liable to register for GST or not. YES If an individual earns Rs.20 Lakhs or more in his last 12 months income, then you are liable to register GST NO If an individual earns less than Rs.20 Lakhs, He will not be liable to register GST If an individual turn over exceeds $60,000 by selling his assets due to halting your taxable activity, permanent reducing the scale of your taxable activity, and replacing your plant.
REQUIRED DOCUMENTS FOR GST REGISTRATION
PAN of the registration applicant
Proof of business registration or incorporation certificate
Promoter’s Identity and address proof with photographs
Address proof of firm
Current account bank statement displayed with your name, address and few transactions
Class 2 digital signature for authorized signature
GST REGISTRATION FOR FOREIGNERS
GST registrations are common for either Indians or foreigners. Sections 24 of the CGST act, sanctioned that non-residents of India who are liable to pay taxes must register with GST. So finally we declare that “if you are a non-resident of India and if you wish to export your goods and services to India”. Then you are liable to register with GST. Nonresident tax payers must obtain GST registration as a non-resident tax payer 5 days before to start business in India. Once the GST registration is filed, a transaction number will be generated. Using these number GST deposit must be made to obtain GST registration in India. The entire application process of GST registration to nonresident tax payers must be filed by authorized agent in India. This GST registration includes all other taxes like central sales tax, customs tax, purchase tax etc., under GST most the taxes will be included to make one single tax. This would ease the process of tax collection easy all across the world.
TEMPORARY GST REGISTRATION
GST has been also implemented on a normal taxable person. According to the act of GST, a casual taxable person refers to the person who occasionally deals transactions involving with a supply of goods or services or both in course of action. A casual tax person must obtain GST registration regardless of his sales turnover GST must be obtained under special category at least 5 days before undertaking the business. Once the GST registration is filed, you will get a transaction number. Using this transaction number GST deposit must be made to obtain GST registration in India. Our Company Registration executives are experts in registering Temporary GST GST migration, GST registration, GST return filing etc., after filing GST registration it would take 10-15 working days to complete the entire process This GST registration includes all other taxes like central sales tax, customs tax, purchase tax etc., under GST most the taxes will be included to make one single tax. This would ease the process of tax collection easy all across the world.
REQUIRED DOCUMENTS FOR TEMPORARY GST REGISTRATION
PAN of the registration applicant
Proof of business registration or incorporation certificate
Promoters Identity and address proof with photographs
Address proof of firm
Current account bank statement displayed with your name, address and few transactions
Class 2 digital signature for authorized signature