GST Registration Online: Documents Required, Limits, Fees, Process, and Penalties
Complete Online Document Submission and Application Tracking.
- Application for GST Registration
- Secure GST Identification Number.
- Our dedicated manager will handle your GST registration from start to finish.
- The process is completely online.
- No need to visit the office (CA).
- Assisted GST Filing for all your GST requirements
What is GST Registration
Businesses whose revenue exceeds the GST threshold limit of Rs.40 lakh, Rs.20 lakh, or Rs.10 lakh, as applicable, must register as a normal taxable person. It's called GST registration.
Certain firms must register under GST. If the organization does business without registering for GST, it is an infraction punishable by significant fines.
GST registration normally takes between two and six business days. Team Taxring can help you become GST registered faster in three simple steps.
Who is required to register for GST?
GST enrollment is obligatory for the following individualities and businesses
1. Businesses with periodic development above - ₹ 40 lakhs( ₹ 20 lakhs for special order countries)
2. Service Providers with periodic development above - ₹ 20 lakhs( ₹ 10 lakhs for special order countries)
3.Exemptions: It's worth noting that these thresholds do not apply to organizations who only sell GST-exempt products or services.
4. Previously Registered Entities: Entities that were registered under previous tax regimes (such as Excise, VAT, and Service Tax) must migrate and register under the GST regime.
5. Casual Taxable realities Undertaking taxable force sometimes
6. realities under Rear Charge Medium Paying duty under rear charge
7. Input Service Distributors & Agents Distributing input services
8. E-Commerce Platforms Drivers or aggregators
9. Non-Resident Taxable realities Engaging in taxable force within India
10. Supplier's Agents Representing top suppliers
11. E-Commerce Suppliers Offering goods or services through e-commerce aggregators
12. Online Service Providers Delivering online services from outside India to individuals in India( banning those formerly registered under GST) Note realities dealing simply in GST- exempted goods or services are pure from these thresholds.
All about the GST registration process.
The GST portal allows you to register for GST. To apply for GST registration, complete Form REG-01 on the GST portal and follow the steps detailed in our article How to Apply for GST Registration?
However, Taxing GST registration services can assist you in getting your business GST registered and obtaining your GSTIN.
Taxiing professionals will advise you on the GST applicability and compliances for your business, as well as help you register for GST.
GST Registration Documents Requirements
- Below, we have given the GST registration documents to use it as a checklist.
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Penalty for Not Obtaining GST Registration
An offender who fails to pay taxes or makes short payments (due to real errors) must pay a penalty of 10% of the tax amount owed, with a minimum of Rs. 10,000.
When the offender actively evades paying taxes, the penalty will be 100% of the tax amount due.
Get GST Registration Online quickly through Texring
You can get your GST registration online with Texring. Enter your name, phone number, and email address to begin the process.
When we receive your request, a GST specialist will contact you to learn more about your business, the state in which it operates, and to address any questions you may have.
The GST specialist will also gather and verify the GST registration documentation to ensure that the registration process runs smoothly. Once the payment has been initiated, we will begin the GST registration online process and upload all of your applications to the GST Portal.
You can get GST registration in 3 to 7 working days. Everything is totally online, therefore there is no need to be physically present at the office. Alongside the GST registration includes access to the LEDGERS Platform, which allows you to execute GST billing and return filing.
GST return filing
GST return filing is a formal process in which a taxpayer reports information to the government about their sales, purchases, and taxes collected and disbursed. In India, every GST-registered taxpayer is required to submit these returns on a regular basis, even if no sales or transactions occurred during that time period. While there are no GST registration fees, ensuring compliance and accuracy is critical to avoiding fines.
If you need help, our team of specialists is available to walk you through the GST return filing process.
Read also - What is Digital signature Certificate & how to apply?
What is GST Notice and types of Notices?