GST Registration
GST registration is the process of registering your business with the Goods and Services Tax (GST) network in India. It is mandatory for all businesses registered under the GST Act.
Here is a list of businesses that are required to apply for GST registration: businesses with an annual turnover exceeding ₹40 lakhs, businesses that supply goods or services across states, and businesses that are required to collect tax from their customers under the Reverse Charge Mechanism.
GST registration offered at a special price of just ₹499! Get it done in 2 weeks. We will handle all the paperwork and filing so you can focus on your business.
Sole Proprietor / Individual
- PAN card of the owner
- Aadhar card of the owner
- Photograph of the owner (in JPEG format, max size – 100 KB)
- Bank account details*
- Address proof*
HUF
- PAN card of HUF
- PAN card and Aadhar card of Karta
- Photograph of Karta (in JPEG format, max size – 100 KB)
- Bank account details
- Address proof of principal place of business
LLP and Partnership Firms
- PAN card of all partners (including managing partner and authorized signatory)
- Copy of partnership deed
- Photograph of all partners and authorised signatories (in JPEG format, max size – 100 KB)
- Address proof of partners
- Aadhar card of authorised signatory
- Proof of appointment of authorised signatory
- In case of LLP, registration certificate / Board resolution of LLP
- Bank account details*
- Address proof of principal place of business
Company (Public and Private)
- PAN card of Company
- Certificate of incorporation given by Ministry of Corporate Affairs
- Memorandum of Association / Articles of Association
- PAN card and Aadhar card of authorized signatory
- PAN card and address proof of all directors
- Photograph of all directors and authorised signatory (in JPEG format, max size – 100 KB)
- Board resolution appointing authorised signatory / Any other proof of appointment of authorised signatory (in JPEG format / PDF format, max size – 100 KB)
- Bank account details
- Address proof of principal place of business
The main advantages of obtaining GST registration
- Improved Industry Accountability
Industries such as construction and textiles, which were previously plagued by disorganized operations, are now benefiting from increased regulation and organization under GST. Provisions and compliance checks can be completed online, promoting greater transparency and accountability. - Higher Registration Threshold
Under the previous VAT system, businesses with a turnover exceeding ₹5 lakh were required to register for and pay VAT, although the threshold varied across different states. GST has increased this threshold to ₹20 lakh, providing relief to small traders and service providers, most of whom are now exempt from paying taxes.
- Input Tax Credit Benefit
GST provisions allow you to claim the benefit of GST paid on purchases against the GST payable on sales. - Easy Online Registration
GST registration in New Delhi is a simple online process. Businesses can complete the necessary documentation and registration process digitally, making it easy and less time-consuming. - Reduced Compliance Burden
Compared to the previous tax system, GST requires fewer filings and compliance actions. Businesses can leverage the online filing system to manage their GST returns more efficiently, making operations smoother.
- Unified Tax System
GST has simplified the Indian tax system by bringing various indirect taxes under a single system. This reduces the cascading effect of taxes, where tax is levied on tax, ultimately lowering the overall tax burden on businesses.
Payable on sales. - Tax Evasion
The GST return system, through GSTR 3B and GSTR 1, provides a mechanism to match the GST paid, ensuring strict control over the tax paid on sales, thereby reducing tax evasion.
- Improved Logistics Efficiency
The implementation of GST (One Nation, One Tax scheme) has reduced restrictions on the movement of goods between states. Previously, different states had different tax rates on the same product, leading to unnecessary movement of goods from one state to another to save on margins.