Goods and Services Tax is the result of the government's One Nation Tax policy. It is an indirect tax that has merged
almost all of the different indirect taxes in it and consolidated them all together. GST registration is an important part
of the GST and has a significant role.
Legal24by7 ensures you the Hassel Free Online Process!
Fill out the registration form & start the process today.
The law makes it compulsory for every business that offers goods and services to get them registered under the GST
act. A business with a turnover of more than Rs.40 lakh can file the registration as a taxable person. GST registration
means that a business entity under the GST laws needs to obtain a unique number from the tax authorities on the
behalf of the government to pay the legal tax duties. It also included availing input tax credit for the taxes on
taxpayers’ inward supplies.
1. Immunity to New Traders
GST increases the immunity limit for small trades and service providers. Previously all the small businesses
with an annual turnover of Rs. 5 lacs comes under the VAT act and were required to complete the GST
registration. Now the limit has exceeded Rs. 10 lacs for small businesses and services providers.
2. Get Legal Recognition as a Supplier
Under GST, the suppliers can collect the taxes legally through compulsory and voluntary registration. Because
of this, the supplier can also get the right to issue an original invoice to the consumers.
3. Minimal Tax Compliance
With GST, the number of taxes has been reduced and that is the reason tax compliance also reduces.
4. Easy Tax Payment Process
GST is a kind of single tax system. Now the taxpayers don’t have to pay various taxes to the government. GST
procedure is also very simple so everyone can make their payment easily through online mode.
Pan card of the applicant
Aadhaar card
Electricity Bill or rent-lease agreement, latest property tax receipt, etc.
Partnership deed or the incorporation certificate.
Bank account statement
1. Selection of the Package
Firstly, you need to choose a package of services that you want to avail of and fill out all the
2. Collecting Process Initiation Details
To initiate the GST registration process, the team needs to collect all the documents and GST registration fees
from you.
3. TRN No. Generation
After the starting of the registration process, a 15-digit temporary reference number or in short TRN no. is
sent to the email or phone of the concerned taxpayer.
4. Uploading of Required Documents
In this step, all the required documents need to get uploaded to the portal. This will happen by using TRN no.
5. Handing Over the Certificate
The team will get the GST registration certificate and will hand it over to you.
6. GST Certificate Approval
After the application for GST registration gets approved, the certificate will be issued on the portal.
7. ARN No. Generation
ARN no. will generate on the portal of the GST System automatically. The ARN no. will use in tracking the
status of the application.
8. Documents Preparation and Approval
The team and its experts help you in the preparation of the documents and getting them approved.
Legal24by7 is here to make everything easy for you. If you have any doubts about how to start with the procedure,
we are here to resolve this confusion for you. We will enlighten you about what are the different criteria you must
fulfill & what is the best possible way you can do everything smoothly. For GST Registration, we have a team of highly
skilled professionals and a large network of people who can assist you with every service that you will need.
Goods and Services Tax is an indirect tax. It is a milestone in the government’s One Nation One Tax policy. Almost all the indirect taxes have included together in it. It is a broad, multistage, and destination-based tax.
Some advantages of GST registration are as follows – It is a simple & easy tax payment process. It contains lesser tax compliance. It reduces the cascading effect of tax. It improves the efficiency of logistics.
Businesses can start their GST registration process by selecting a perfect package for their business growth and submitting all necessary documents and information for registration. A TRN no. will be generated after this process. After receiving a TRN no. the documents need to be uploaded with the application form. After the document gets approved, an ARN no. will be generated on the GST system portal. If the application is approved, the GST certificate will be handed over to the businesses.
The three types of GST include the – Central Goods and Services Tax State Goods and Services Tax Integrated Goods and Services Tax There is also a Union Territory Goods and Service Tax for UTs
Applicants can log in to the GST portal where they can go to the services tab. The services tab has a user services option where applicants can view and download their certificates.
Document required to apply for GST registration includes the Pan card of the applicant, Aadhar card of the applicant, proof of place of business partnership deed or the incorporation certificate, and bank account statement of the applicant.
IGST or Integrated Goods and Services Tax levied on the supply of any goods and services outside the state during inter-state trade or commerce. It is collected by the Centre government and imports are also included in this category. Whereas the Goods and Services Tax levied by the central government on intra-state trade is CGST and that by the state government is SGST.
GSTN means Goods and Services Tax Number. It is a unique numeric code that a taxpayer receives after the GST registration. It is based on the Pan card details of the applicant. It makes it easy for the applicant to pay GST every time.
Yes, small businesses with an annual turnover of more than 40 lakhs need to do GST registration. All small goods manufacturers must get registered under the GST act.
The Centre government levies and manages CGST & IGST-related matters while SGST levies and manages by the State government.
