GST Registration
Any Government fee, if applicable shall be paid by you directly for which we will share the challan.The Goods and Service Tax is the biggest indirect tax reorganization which balances in all the other taxes into one single tax structure. Under GST Rule, the goods and services are now taxed under a single law being Goods and Service Tax Laws.
The new GST rule mandates that all entities involved in buying or selling goods or providing services or both are required to register and obtain GSTIN. Registration is mandatory once the entity crosses a minimum threshold turnover or when an individual starts a new business that is expected to cross the prescribed turnover.
If any service provider crosses the annual service value of more than Rs. 20 Lakhs aggregate in a year then it is required to obtain GST registration. However, In the special category states, this limit is Rs. 10 lakhs. Further, if any entity is supplying goods and crosses aggregate turnover of Rs. 40 lakhs then it is required to obtain GST registration. However, In the special category states, this limit is Rs. 10 lakhs
(Special States includes- (a) Arunachal Pradesh, (b) Assam, (c) Sikkim, (d) Meghalaya, (e) Tripura, (f) Mizoram, (g) Manipur, (h) Nagaland, and (i) Himachal Pradesh.)
Those entities who supply Goods and services online have to register themselves under Goods & Service Tax irrespective of Turnover. Any individual undertaking supply of goods, services seasonally through a temporary stall or shop have to register themselves under Goods & Service Tax irrespective of Turnover. Any entity/Individual can obtain GST registration voluntarily
The GST registration in India is completely an online process and can be obtained through GST portal www.gst.gov.in. There are no charges levied by the government for GST Registration.
The registration in GST is PAN based and State specific. Supplier has to register in each of such State or Union territory from where he affects supply. In GST registration, the supplier is allotted a 15-digit GST identification number called GSTIN and a certificate of registration. The first 2 digits of the GSTIN is the State code, next 10 digits are the PAN of the legal entity, the next two digits are for entity code, and the last digit is the check sum number. Registration under GST is not tax specific which means that there is single registration for all the taxes i.e., CGST, SGST/UTGST, IGST and cesses.