Your GST Registration
- Hassle-Free Registration: Effortless process for new GST registrations, tracking your application status, and filing any clarifications.
- Customized Services: Solutions specifically designed for the GST requirements of individuals, eCommerce merchants, and government agencies.
- All-Inclusive GST Support: Professional assistance for online document submission, GST filing, and obtaining your GSTIN.
- Expert Guidance: Support for GST e-invoicing, ledger management, and invoice tracking.
List of documents needed in GST Registration
- Incorporation Certificate
- Articles of Association (AOA)
- Company PAN Card
Over 15,000
Startups & MSMEs Assisted
Precise
Filing Process
Professional Support
for GST Compliance and Filing
Contact us at the Consulting WP office nearest to you or submit a business inquiry online.
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What is GST Registration?
GST registration refers to the process by which a business obtains a distinctive identification number for its Goods and Services Tax (GST) responsibilities. As per the Central Goods and Services Tax Act of 2017, businesses with an annual turnover surpassing ₹40 lakh (or ₹20 lakh for designated special category states) are mandated to register as standard taxable entities. In India, this identification number is termed GSTIN (Goods and Services Tax Identification Number), comprising 15 digits unique to each taxpayer, acting as their official identifier within the GST system. This number is crucial for monitoring and reporting all transaction-related activities to the tax authorities.
Goods and Services Tax (GST) is a destination-based, multi-tiered indirect tax that replaces VAT and various other indirect taxes. The registration process stipulated by the GST Act of 2017 is vital for businesses required to remit service tax, excise duty, VAT, or central excise. This requirement is especially pertinent for eCommerce sellers, who must register for GST. Individuals can easily apply for GST registration online, eliminating the need for a physical visit to a government office; the process can be initiated via the GST portal. Once the application is submitted, an ARN (Application Reference Number) is generated for tracking purposes.
The Central Goods and Services Tax Act of 2017 was enacted to simplify taxation and reduce tax evasion, providing the structure for the Goods and Services Tax (GST) applied to both intra-state and inter-state transactions of goods and services in India.
Why Register for GST?
Obtaining GST registration is a vital step in creating a cohesive tax framework in India. This registration brings several advantages to businesses. Those who register under the GST Act of 2017 will gain access to the following benefits
Legal Recognition
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
Financial Regulation
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
Financial Regulation
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
Financial Regulation
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
Financial Regulation
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
Financial Regulation
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
GST Compliance Rating
The GST compliance rating is a measure provided by the government to evaluate a business, based on factors such as the punctual filing of monthly and yearly returns, the reporting of utilized input credits, and taxes remitted. This rating reflects how well a business complies with tax regulations, signaling to customers and other companies its standing. Firms with strong compliance ratings are expected to receive Input Tax Credit (ITC) and refunds without delay. The GST authorities prioritize the processing of ITC claims and refund applications from high-rated businesses, facilitating faster distribution of credits and payments.