Register Goods and Services
Tax (GST Registration) India

1,599 /- (inclusive of all taxes & fees)

Register Goods & Service Tax Important Points

  • - GST Registration in 3 days.
  • - Completely online service- No physical presence required.
  • - Mandatory for manufacturer, trader and service provider in India.

Goods & Services Tax (GST)

Know what is GST and how GST registration takes place.

What is a meaning of Goods & Services Tax (GST)?

GST is an indirect tax which is applicable on all supply of goods & services in India. GST shall be levied in place of existing sales tax, VAT, excise duty, customs, service tax, luxury tax etc. If you are supplying goods and services in India, then it is mandatory to take the GST registration.

How to register for GST in India?

GST registration is a complete online procedure which is done by applying on GSTN website directly. All supporting documents are uploaded on the GSTn directly and once, they are fine, registration is granted. Let us understand it in three steps:

# Arrange documents: The first step is to arrange all documents which are required for GST registration. Further, since GST is a completely new tax, one should get the documents checked by a professional to avoid the rejection from the department.

# File application:After arranging all the documents, one should file the documents along with online application on the GSTN website. Make sure all the documents uploaded are off appropriate size otherwise you will face uploading problem.

# GST registration: If the government officer finds all the documents in place, then they shall issue the GST registration certificate in India. It generally takes 3 to 5 days for GST registration.

Documents Required for Online GST Registration in India

Business related proof

  • Passport Size Photo
  • Partnership Deed/Registration Proof like COI
  • Copy of Bank Statement
  • Authorization Form

For Address Proof

  • Ownership Proof (Electricity Bill etc) - if property is owned.
  • Rent Agreement (if property is on rent)
  • NOC (Download format)

GST Registration Procedure in India

GST registration procedure in very simple with hubco.in. We have well prepared and experience team working to decode GST in the most easiest way possible. Therefore, we have divided the GST registration procedure in three steps:

# Step 1 - Arrange all required documents: The first step is to arrange all the required documents as said above. Further, on submitting to us the required documents, you shall be required to pay our fees in advance.

# Step 2 - Application filing and response: After filing the application form along with the required document in form GST Reg 1, we shall wait for at least 3 days for the response on the application.

# Step 3 - GST registration & Compliance: If the documents and application filed in is place, then the department shall be issued the GST registration certificate and after that you need to file 3 monthly returns.

Time & Cost for GST Registration in India

The Total Cost Breakup

Items Price
Professional Fee (Inclusive of Taxes) 1,599
Total GST Registration Cost in India 1,599

Time for Private Company Registration

It usually takes around 3 to 5 working days for GST registration in India.

Exemption & Remedies under GST

There are basically two types of exemption and remedies available to the taxpayer, one is basic exemption and another is the composition scheme. Let us understand both:

1. BASIC EXEMPTION UNDER GST

As per the GST law, if any person supplies goods or services for the value of more than Rs.20 lakh, then GST registration shall be mandatory and he shall have to apply for GST registration within 30 days.

Further, the basic exemption of Rs.20 lakh is not applicable for north eastern states including Jammu & Kashmir (J&k), Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizroram, Nagaland, Sikkim, Tripura, Himanchal Pradesh and Uttrakhand. For these states, the basic exemption limit is Rs.10 lakh.

2. COMPOSITION SCHEME (LEVY) UNDER GST

To avail the composition scheme, one must apply to the department only if the total turnover is less than 50 lakh.Further, that person should not sell outside the state. The composition rate may be 2.5% in case of manufacturer and 1% in case of others.

Mandatory Requirements for GST Registration

Goods and Services Tax (GST) is a very new taxation system introduced by the government, hence, it is very important to understand the mandatory requirement for GST registration so that one can easily get the GST registration without any delay or rejection. Here are the mandatory requirements:

  • Registration certificate in case of company, AOP, society and registration deed in case of partnership/trust
  • Electricity bill/registry proof in property is owned or rent agreement in case property is on rent
  • First page of bank statement/Bank passbook containing MICR code, IFSC code, Account number
  • Authorization letter for GST registration
  • Passport size photo

Compulsory/Mandatory Registration under GST

This is one of the most important information if you are planning to get GST registration. If you fall any of the category below that you need a compulsory GST registration irrespective of your turnover. E.g. if you fall in any category below, then your turnover is Rs.10 only then also you need to take the GST registration.

Here are 12 cases where GST registration is compulsory/mandatory irrespective of GST registration.

Aeroplane

Person making any inter state taxable supply.

On call

Person supplying goods/services on behalf of someone else (agent).

Thinking

Casual taxable person making any taxable supply.

Rain

Input service Distributor - Whether or not register.

Refresh

Persons who are required to pay tax under Reverse Charge.

E kart

Person selling on e-commerce platform like Flipkart, amazon etc.

Ant

Non resident taxable person making any taxable supply.

Ant

Every e-commerce operator - Flipkart, amazon, snapdeal etc.

World

Every person providing online information database access from outside India - AWS, Godaddy etc.

Busy

Persons who are required to deduct TDS (Govt Departments).

Question mark

Anything else notified by the Government from time to time.

Cases where GST Registration is not Required

There are only two cases where GST registration is not required at all even if the turnover is more than 20 lakh. The two cases are as follows:

  • 1. PERSON SUPPLYING EXEMPTED GOODS/SERVICES
  • If a person is engaged exclusively in the business of supplying goods or services or both which is either not liable to tax or is wholly exempt, then he shall not be required to register under GST.

  • 2. AN AGRICULTURIST TO THE EXTENT OF SUPPLY OF PRODUCE OUT OF CULTIVATION OF LAND
  • An agriculturist means an individual or a HUF who undertakes cultivation of land by own or by use of labor.

Difference between GST, Excise, VAT/Sales Tax and Service tax

Let us discuss some of the most important difference between the existing excise duty, VAT/sales tax, service and new GST.

Factors GST Regime Excise Duty VAT/Sales Tax Service Tax
Levied on Supply of goods or services or both Manufacture of Goods & not applicable on services Trading or goods and not applicable on services Applicable on rendering of services only
Levied by Central & State government both Central & Statement - max by Central Government Levied by State Government - Central has no right Levied only by central govt - state govt has no right
Average Tax rate There are 5 rates; 0%, 5%, 12%, 18% and 28% The excise duty rate is 12% on an average There are five rates which also differ state to state The current tax rate is 15%
Returns 3 Monthly returns 2 to 3 monthly returns 4 Quarterly returns 2 Half yearly returns
Basic Exemption Upto Rs. 20 lakh (Rs. 10 lakh for North eastern states) No excise duty upto 1.5 Cr 10 to 20 lakh, differ state to state SSI exemption of Rs. 10 lakh
Due date tax Monthly by 20th of next month. Monthly by 15th of next month. Quarterly for individual / HUF monthly for others Quarterly for individual / HUF monthly for others
ITC Available in most cases Less as compared to GST Very complex & differ state to state Available in most cases
Ease? Complex structure Highly complex Height problematic Less complex than GST

Compliances after GST Registration

There are so many compliances under GST and if not complied properly, then there is a provision of high penalties.Here are three main compliances:

INVOICES

Under GST regime, each and every invoice shall be uploaded on GSTN portal to generate reference no. before making supply.

3 RETURNS

There are 3 monthly returns which are required to be filed on the basis of invoices uploaded. (GSTR 1, 2 & 3)

ANNUAL

There is one annual return as well which is also required to be filed.

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FAQs about Goods & Services Tax (GST)

Q. What is Casual Taxable Person?

“Casual Taxable Person” means a person who occasionally undertakes transactions involving supply or acquisition of goods and/or services in the course or furtherance of business whether as principal, agent or in any other capacity, in a taxable territory where he has no fixed place of business.

Q. I am a Small Dealer, not Registered under VAT or Not having TIN, Do I need to Register under GST?

No, If you are a small dealer and does not have a VAT / TIN number, you do not require to register under GST. GST migration right now only mandatory for those persons who are currently registered under ay statute including Service TAX, Sales Tax, Excise.

If you want to register under GST as a fresh dealer then you need to wait till July 2017, hopefully, GST will get live in the second quarter of 2017.

You can contact us for GST registration in India.

Q. I am a Service Provider, Registered in Service Tax, How I will get registered under GST?

For Service Providers, registered under Service Tax, the GST migration will start from 1st January 2017. Those who are registered under Service Tax or in Central Excise can able to migrate themselves in GST System. The drive for them will starts from 1st Jan 2017 and valid till 31st Jan 2017.

You can contact us for GST registration in India.

Why choose Hubco for GST Registration in India?

Customer
Satisfaction

Transparent & Lowest
Price

Great After
Sale Service

Register Goods and Services Tax in India