The goods and services tax (GST) is a tax on products and services. Usually, this tax is included in the final price and is paid by customers at the point of sale, with the vendor passing it on to the government. While the GST registration process might seem lengthy and tedious, Takelegal.in’s professional and experienced team is here to help you out.
Upon receiving your request for assistance in GST registration through the form on this page, Takelegal.in’s representative will reach out to you for further details on your business and run you through the registration process.
Takelegal.in’s representative will supply you with a document checklist to ensure that all your documents are in order to begin registration. Since GST is a matrix of multiple laws and everyday rulings, we will also link you with a GST subject matter expert to ensure that your business does GST correctly!
Our representative and GST subject matter expert will complete the GST application on your behalf and submit the same after your due approval.
Once the officials are satisfied with all forms and documents, you will receive a GST identification number (GSTIN) as well as a GST certificate that will signify the completion of your GST registration process.
The Goods and Services Tax (GST) is an indirect tax levied on the sale of goods and services. It is a multi-stage, destination-oriented tax imposed on all value additions, replacing various indirect taxes such as VAT, excise duty, service taxes, and so on. Businesses are responsible for paying GST to the government, which is charged from consumers.
All businesses that offer products or services, and have a revenue of more than INR 20 lakh in a fiscal year need to register as regular taxable persons. However, if you own a firm in the north-eastern states of J&K, Himachal Pradesh, or Uttarakhand, the threshold limit is INR 10 lakh.
The GST council has categorized about 1300 items and 500 services into four tax brackets of 5%, 12%, 18%, and 28% under GST. Besides these slabs, gold is taxed at 3%, and raw precious and semi-precious stones are taxed at a unique rate of 0.25 percent under GST.
Every business organization must seek GST registration within thirty (30) days of being liable for registration.
The top four benefits of GST registration are as follows:
Yes. PAN is required to acquire GST registration. In the event of a proprietorship, the proprietor’s PAN may be utilized. In all other circumstances, such as LLPs, corporations, and other forms of commercial entities, the entity’s PAN must be supplied together with the GST registration application.