Benefits of GST Registration



  • Legal Recognition to the Business
  • Generate GST compliant Invoices
  • Input Tax Credit benefit to the customers
  • Input Tax credit benefit on purchases to the sellers.

What is Goods and Service Tax (GST)?



It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.

WHAT IS INCLUDED IN OUR PACKAGE


  • GSTExpert Consultation
  • GST LegalDocsFollowup With Authorities
  • GST RegistrationDocument Preparation
  • GST Registration LegaldocsRegistration of GSTN
  • GST LicenseApplication
  • GST License LegaldocsGST Return Filing*

GST Registration Process


GSTNApplication Drafting

GST NumberARN Number

GSTN LegaldocsRegistered GST Number


5-7 working Days*

List of Documents Required

  • Proprietorship
  • FssaiPan Card and Any Identity Proof
  • Fssai RegistrationCAncelled Cheque/ Bank Statementbr
  • Fssai LicensePassport Photo
  • Online Food LicenseElectricity Bill
  • Company
  • POICompany PAN Card
  • Power of AttorneyCompany Documents - MOA, AOA, Registration Certificate
  • POI RegistrationCopy of Bank Statement Copy of Board resolution Director related documents PAN and ID proof of directors Registered Office documents
  • Power of Attorney RegistrationElectricity Bill
  • Partnership/ LLP
  • MSMEPAN card
  • MSME RegistrationPartnership Deed
  • MSME LicenseUtility bills
  • Rent AgreementBank statement
  • Rent Agreement RegistrationID Proofs of Managing/Authorized/Designated Partners

Frequently Asked Question(FAQs)


  • 1. How will the goods and services be classified under GST regime? +
  • HSN (Harmonised System of Nomenclature) code shall be used for classifying the goods under the GST regime. Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use 2 digit code and the taxpayers whose turnover is Rs. 5 crores and above shall use 4 digit code. Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices. Services will be classified as per the Services Accounting Code (SAC).
  • 2. What are the benefits which the Country will accrue from GST? +
  • Introduction of GST would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax and allowing set-off of prior-stage taxes, it would mitigate the ill effects of cascading and pave the way for a common national market. For the consumers, the biggest gain would be in terms of a reduction in the overall tax burden on goods, which is currently estimated at 25%-30%. Introduction of GST would also make our products competitive in the domestic and international markets. Studies show that this would instantly spur economic growth. There may also be revenue gain for the Centre and the States due to widening of the tax base, increase in trade volumes and improved 10 tax compliance. Last but not the least, this tax, because of its transparent character, would be easier to administer.
  • 3. How will imports be taxed under GST? +
  • Imports of Goods and Services will be treated as inter-state supplies and IGST will be levied on import of goods and services into the country. The incidence of tax will follow the destination principle and the tax revenue in case of SGST will accrue to the State where the imported goods and services are consumed. Full and complete set-off 14 will be available on the GST paid on import on goods and services.
  • 4. Which are the commodities proposed to be kept outside the purview of GST? +
  • Alcohol for human consumption, Petroleum Products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel & Electricity.
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